Should America’s Asian Allies Adjust Their Security Policy? (BESA Center)

The media focused its attention on the success or failure of the Singapore Summit in June 2018 and the Hanoi Summit of February 2019, but largely disregarded President Trump’s policy on joint military drills with South Korea. His decision to postpone the drills raises questions about US policy in the region.


The EU Cannot Fight Antisemitism Effectively (BESA Center)

For operational and structural reasons, the EU cannot effectively combat antisemitism. The main operational reasons are the absence of an accepted definition of antisemitism and the lack of comparable statistics on incidents among EU member states. Structural reasons are the unwillingness of the EU to admit that antisemitism is part of European culture, and the inability to simultaneously incite against Israel and fight antisemitism. The discrepancy between the words of EU leaders about their intention to fight antisemitism and the need to act against it will thus remain huge.


The Antisemitism Crisis in the Democratic Party (BESA Center)

The Democratic Party has been overtaken by an antisemitism crisis, a process of ”Corbynization” akin to that of the British Labour Party. The process’s three principal proponents, Alexandria Ocasio-Cortez, Rashida Tlaib, and Ilhan Omar, personify three components – socialism, Palestinianism, and Islamism – given impunity by the concept of “intersectionality.” The trajectory of their red-green alliance is leading the Democratic Party towards socialism. For American Jews, this means their deep allegiance to the Democratic Party over many generations has been rewarded with abandonment and suspicion. For Israel, there is the prospect of a future Democratic administration that advocates its destruction. For the rest of the world, the party’s severe inward turn portends global retreat.


FinTech and the New Financial Landscape (Brookings, Banking Perspectives)

A recent conference served as an opportunity to catch up on some of the advantages and potential problems of FinTech lenders.

By Itay Goldstein, The Wharton School, University of Pennsylvania; Julapa Jagtiani, Federal Reserve Bank of Philadelphia; and Aaron Klein, The Brookings Institution