Words seem to mean different things in the Middle East. “Training” is a new term for escalation, and “Iraq” seems more and more like the Arabic word for Vietnam. But the terms “slippery slope” and “quagmire” still mean what they have always meant. In 2011, making good...

While much of the world focused last week on whether or not the Federal Reserve was going to raise interest rates, or whether the Greek debt crisis would bring Europe to a crisis, the Permanent Court of Arbitration in The Hague awarded a $50 billion judgment to...