Photo Illustration by James Day for Newsweek

Newsweek Now The five Stories that Matter Most

Swiss Banks Take Aim at Despots

For decades, a Swiss bank account was the favored hideaway for assets snaffled by the world’s most kleptocratic leaders. The roll of dishonor includes presidents Marcos of the Philippines, Mobutu of Zaire, Abacha of Nigeria, and “Baby Doc” Duvalier of Haiti. More

Egypt's Muslim Brotherhood: How High Will It Rise?

Egypt's Muslim Brotherhood: How High Will It Rise?

At least for the moment, the Brotherhood will remain an important player in the Arab world wherever it can participate in free and fair elections. Democracy is about organization, not the random will of the masses. The party that can get out the votes gets control of the government. But the Egyptians have known and watched the Brotherhood for a long time, and in an open, peaceful political system its mystique should soon disappear. More

Moscow Splurges on a New Armada

While much of Europe slashes spending to reduce deficits, surging oil prices are allowing Russia to splurge. The Kremlin’s choice of stimulus package is a bit of a throwback, though—among other things, a new fleet of warships to challenge China. More