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Must Reads of the Week: Egypt, Yellen, APEC and more

Author: Editors
October 11, 2013


Corruption and Peacekeeping: Strengthening Peacekeeping and the United Nations
Transparency International

"The entire success of an international intervention can be put in jeopardy if corruption is not addressed early on in the process. Corruption in conflict can perpetuate violence and opens the door to organised crime. Yet guidance on preventing corruption is largely absent from almost everything to do with peacekeeping. There is no general UN policy relating to corruption in post-conflict situations and peacekeeping mandates rarely, if ever, mention it. Peacekeeping training centres do not include guidance on it. Underlying this is the cultural approach to corruption by diplomats, policy-makers and peacekeeping practitioners: corruption is not yet seen as a central or even an important issue."

Past Rifts Over Greece Cloud Talks on Rescue
By Thomas Catan and Ian Talley
Wall Street Journal

"The International Monetary Fund proceeded with its record 2010 bailout of Greece despite deep internal divisions over whether it would work, according to confidential documents that contradict the fund's public statements."

 Barack Obama and outgoing Federal Reserve Chairman Ben Bernanke (R) applaud Janet Yellen. Barack Obama and outgoing Federal Reserve Chairman Ben Bernanke (R) applaud Janet Yellen at the White House in Washington October 9, 2013. (Photo: Kevin Lemarque/Courtesy Reuters)
Janet Yellen Nomination to Chair the Fed Means No Early End to QE
By Heidi Moore
The Guardian

"Yellen will have to continue the Fed's easy money policies. She has no choice. The economy is getting no better, and a consensus is forming that stopping the stimulus could make things suddenly worse."

The Cost of Cutting U.S. Aid to Egypt
By Kim Ghattas

"Weapon systems, just like cars, are bought on credit. Most countries receiving [Foreign Military Funding] aid are required to show they have the funds to cover the full cost of the order, and the value of their orders cannot exceed the credit extended by the US. But Egypt was offered a credit arrangement more generous than most: In essence, the US gave Egypt a credit card with no limit and promised to pay the bill when it came due with US taxpayer money. Egypt was allowed to submit large orders for equipment that takes years to produce in amounts worth far more than what Congress had appropriated in military aid for Egypt, often before it had even been appropriated."

Reading Rouhani
By Djaved Salehi-Isfahani
Lobe Log

"Much analysis of the reasons for Iran's new conciliatory approach credits sanctions for the improved diplomatic prospects for reaching a deal. Where opinions differ is how to respond to Iran."

By Nusa Dua

"When one of the 21's leaders, Barack Obama, fails to show up for their annual summit, it is taken as an important symbol of his administration's failure to live up to the promise implied in its much-touted "pivot" or "rebalancing" to Asia. It certainly is such a symbol; and the damage it has done to America's standing and credibility in the region may last rather longer than the memory of any concrete agreement that comes out of the summit itself."

Must Reads sample analyses, reporting, and inquiries on foreign policy from around the web selected each week by CFR Editors. See More Must Reads here.

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