Despite China’s widely discussed economic slowdown, annual GDP growth remains above 7%, implying little cause for alarm – at least for now. The question is whether the government’s efforts to implement structural reforms and transform the economy’s growth model are working – that is, whether internal imbalances continue to threaten long-term economic performance.
The early onset of wildfires in the drought-stricken West has state and federal fire officials concerned that this could be a record wildfire season. Wildfires near San Diego, Calif., and Flagstaff, Ariz., have already burned thousands of acres.
Two and a half years ago, the U.S. pulled every soldier out of a mostly quiet Iraq . In the void, formerly al-Qaeda-affiliated terrorists calling themselves "The Islamic State of Iraq and Syria " are now tearing apart the country, leaving medieval savagery in their wake.