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February 22, 2013 THE WORLD THIS WEEK The President Has Too Much Latitude to Order Drone Strikes Richard N. Haass The U.S. government should establish new criteria that must be met before it can kill American citizens abroad. The process that currently exists for authorizing drone attacks lacks sufficient controls. Read the Op-Ed » Keeping Safe in Cyberspace Adam Segal Chinese cyberattacks are stealing priceless intellectual property and crucial military secrets from companies and governments around the globe. Instead of engaging in a futile diplomatic effort to achieve the equivalent of nuclear détente in cyberspace, Washington should pursue a wide-ranging approach that includes working closely with other Internet powers to raise the cost of hacking. Read More at ForeignAffairs.com » CURRENCY WARS? How China Learned to Stop Worrying and Love the Dollar Benn Steil and Dinah Walker China has railed against U.S. management of the dollar, and has called for a new, stable, and secured global reserve currency. But China has little incentive to stop pegging its currency to the U.S dollar. Since the United States also benefits from the arrangement, this monetary marriage will not end in divorce. Read More on Geo-Graphics » "Currency Wars" Is Hyperbole Robert Kahn The frequently-used phrase "currency wars" is hyperbole, but it is becoming easier for countries to make the domestic case for measures that weaken exchange rates. Read More on Macro and Markets » The Battle of Bretton Woods Benn Steil The meeting of 44 nations in Bretton Woods in 1944 has become a shorthand for enlightened globalization. A new book shows that, in reality, it was part of an ambitious agenda hatched within President Franklin D. Roosevelt's Treasury Department that was aimed at eliminating Great Britain as an economic and political rival. Read More » |
Big Data, Better Global Health Thomas Bollyky A comprehensive, much-anticipated new study of the world's health status is unlikely to dramatically alter donor policies or mobilize significant new foreign aid. It might, however, help to usher in a new era in which donor aid matters less and more priority is given to improved governance, efficiency, and better collaboration. Read the Expert Brief » Kerry: Economics Trumps Everything Edward Alden In his first speech as secretary of State, John Kerry scarcely mentioned U.S. interests in the Middle East, instead focusing on the importance of "economic statecraft." Following his predecessor's lead, Kerry emphasized that diplomacy is a tool for economic progress. Read More on Renewing America » THE WORLD AHEAD An Audio Preview of the World Next Week James M. Lindsay and Robert McMahon CFR's James M. Lindsay and Robert McMahon discuss the sequester, Pope Benedict XVI's farewell, and the foreign policy-themed films nominated for the Oscar for Best Picture. Listen to the Podcast » Turkey's Constitutional Dilemma Steven A. Cook Turkey's new draft constitution should help its government achieve the goal of becoming a consolidated democracy. In helping to draft it, Prime Minister Recep Tayyip Erdogan should keep this aim in mind—not his own political ambitions. Read More on From the Potomac to the Euphrates » Are Sanctions Working in Iran? Elliott Abrams Sanctions are hurting the Iranian economy and its people, but not enough for the ayatollahs to abandon their nuclear program. If sanctions are to succeed, they will need to significantly reduce Iran's oil exports and interfere with its ability to import refined products. Read More on Pressure Points » Tailoring Diplomacy to a Rapidly Changing World Frederick Barton To improve its ability to resolve conflicts and assist failed and failing states, the U.S. has been focusing with greater intensity on a few high-priority countries and regions. It needs to respond to unpredictable crises with more agility. Watch the Video » WORLD EVENTS CALENDAR February 25: Inauguration of Park Geun-hye as President, South Korea
CFR Resources on: South Korea » February 25 - 26: WTO General Council to Meet, Geneva
CFR Resources on: The World Trade Organization » February 26: P5+1 Talks on Iran’s Nuclear Program, Kazakhstan
CFR Resources on: Iran's Nuclear Program » View the Calendar » INSIDE CFR
As part of the HBO History Makers series, former Secretary of State Madeline K. Albright discussed world affairs and how her life experiences shaped her career in the U.S. government. Watch the Video
In the New Issue of Foreign Affairs The March/April issue is now online and on newsstands. Jerry Z. Muller, in the cover story, argues that inequality is an inevitable product of capitalist activity, and expanding equality of opportunity only increases it. Read the Issue
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