QUARTERLY FORECASTS
2014 Third-Quarter Forecast
Jul 8, 2014 | 00:00 GMT
(Spencer Platt/Getty Images)
Overview
The jihadist war that has defined and confounded U.S. foreign policy for the past decade erupted again in the second quarter. Washington cannot shut down this war through a direct military intervention, and it does not even want to try again. The upheaval will not be confined to Iraq; weak governments from Damascus to Sanaa will struggle to quell the jihadists' call to arms.
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