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| FT.com - Philip Stephens
FT.com - Philip Stephens
The riches and political leverage provided by gas and oil have restored Russia's economic and geopolitical standing. Yet, for the medium and long term, almost all the other indicators point to a future of relative decline. Philip Stephens analyses the country's position
The Doha failure will not see the global trading system come crashing down. Yet it is more than a missed opportunity. It underscores a dangerous inability among rich and rising nations alike to recognise their individual in their mutual interest, writes Philip Stephens
The prevailing mood in the UK Labour party since the by-election loss of Glasgow East has been one of despair, writes Philip Stephens
There is little the Union can quarrel with in the broad thrust of the national security strategy set out by the US Democratic presidential candidate this week, writes Philip Stephens. There are some caveats but they can be sorted out if the framework of the relationship is sound
Sarkozy has been accused of surrendering Europe's military leadership to Britain. There could be no more heinous crime, writes Philip Stephens
The old continent has already decided: it will get the American president it deserves, writes Philip Stephens. Even those whose sympathies are with the Republican John McCain are caught up in Obamamania. Only Carla Bruni, partner and chanteuse to France's Nicolas Sarkozy, can compete in the glamour stakes
The government's and the prime minister's standing in the polls mirrors almost precisely the decline in economic optimism, writes Philip Stephens
Japan's pre-eminent interest lies in working to extend and strengthen the rules-based international order to draw in China and other rising powers. More than anything else, this part of the world needs a robust mutual security system, writes Philip Stephens
Recent events have left a nagging suspicion that the Bank of England's new framework owes much to pride and ego, writes Philip Stephens
Amid the wreckage of his foreign policy elsewhere, the sustained stability has been reassuring. Sino-American ties may well be the most important, and potentially combustible, component of international relations for the next several decades, writes Philip Stephens
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