G-20

Both men start their handshake way too early. Nerves. There's eye contact, but no smile from Obama. Handout/Getty Images Even up close, it looks like there's eye contact and smiling, but there's not. Handout/Getty Images Seriously, these men do not want to look each other in the eye. 

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It’s a shock to see one of the pillars of American foreign policy start to disintegrate before our very eyes. That’s what seems to be happening to the relationship between the United States and Turkey, which policymakers in both countries have taken for granted for decades. I know it’s often said that formal alliances are losing their central place in international politics. If so, maybe the bad blood between Ankara and Washington is just part of a trend, something we wearily adjust to.

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Parsing the final compromise.

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That we seem to have avoided another Great Depression doesn’t mean our economy is anywhere near as strong as it should be. In fact, most indicators—from unemployment to private investment—prove quite the opposite. What can be done? How can we ensure the U.S. enjoys not merely a modest recovery but the kind of buoyant prosperity we saw in the decades after World War II and briefly in the 1990s? We put the question to few political economists and will run their thoughts over the next couple weeks.

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