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Saving the Euro, Leaving Afghanistan, and More

Author: CFR.org Editors
May 16, 2014

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"How the Euro Was Saved"
By Peter Spiegel
Financial Times ($)

"When the history of the eurozone crisis is written, the period from late 2011 through 2012 will be remembered as the months that forever changed the European project. Strict budget rules were made inviolable; banking oversight was stripped from national authorities; and the printing presses of the European Central Bank would become the lender of last resort for failing eurozone sovereigns."

"Afghanistan: A Thousand Little Wars"
International Crisis Group

Must Watch: "As the last foreign troops prepare to leave Afghanistan, Senior Analyst Graeme Smith evaluates the security situation on the ground. The video series looks at the economic challenges ahead, the implications of a drop-off in foreign aid, and the ways the Taliban are changing as foreign troops prepare to leave the country."

Vietnamese Marine Guard monitor a Chinese coast guard vessel on the South China Sea.Officers of the Vietnamese Marine Guard monitor a Chinese coast guard vessel on the South China Sea. (Photo: Courtesy Reuters)
"South China Sea Standoff Turns Into Domestic Challenges for Hanoi"
By Phuong Nguyen
Center for Strategic and International Studies

"Due to the much more open nature of Vietnamese society in recent years, the government will increasingly find that its relations with China can no longer be a secretive, brotherly affair. Given recent developments, domestic considerations — trying to ensure the safety of foreign enterprises and finding a balanced approach to managing large anti-China protests — are now a critical piece of Hanoi's South China Sea puzzle."

"Saudi Arabia Recalibrates"
By Hassan Hassan and Michael Weiss
American Interest

"Saudi Arabia has adjusted its Middle East strategy to a remarkable degree in the last six months. But lurking beneath the surface are tensions that could result in another big rift between Riyadh and Washington."

"National Security and the Accelerating Risks of Climate Change"
Center for Naval Analysis

"In this follow-up to its landmark study, National Security and the Threat of Climate Change, CNA Corporation's Military Advisory Board (MAB) re-examines the impact of climate change on U.S. national security in the context of a more informed, but more complex and integrated world."

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