Once fear reaches a critical mass, people will act, and then a bank run becomes a self-perpetuating process. There has been a lot of complacency about the eurozone crisis in the past eight months.
UN Special Rapporteur on Human rights and Counterterrorism Ben Emmerson released this statement on March 14, 2013, following his meetings in Pakistan with victims of drone strikes.
Edward Alden writes that the U.S.-European Union Transatlantic Trade and Investment Partnership negotiations are "the biggest consolation prize in the history of international trade liberalization."
Asked by Charlotte Stafford, from Columbia University
The United States restored official relations with Somalia in January 2013 after years of civil unrest there, reflecting an increasingly stable Somali political environment. Better relations with Somalia, however, have little to do with the decrease in piracy, and the drop in offshore piracy cannot be attributed to Somali government efforts.
North Korean Supreme Command of the Korean Army released this statement on March 5, 2013, saying that North Korea will no longer recognize the Korean Armistice Agreement if the UN Security Council passed a resolution and sanctions against North Korea after its February nuclear test.
Should a functioning government fail to emerge in Italy, the eurozone could soon find itself engulfed in another round of expensive and controversial bailouts, says CFR's Charles Kupchan.
U.S. and EU policymakers see multiple signs for a free-trade deal that could stimulate halting economies on both sides of the Atlantic and spur global talks, says expert Jeffrey Schott.
South Korea's vice minister of foreign affairs and trade explains the need for an increasing role of middle powers in global governance and South Korea's role in the G20.
NATO Secretary General Anders Fogh Rasmussen held a final press conference on February 22, 2013, after meetings of NATO Defence Ministers regarding the International Security Assistance Force and the transition in Afghanistan.
Secretary John Kerry and United Nations Secretary-General Ban Ki-moon gave these remarks before their meeting on February 14, 2013. They outlined the main issues they would discuss: North Korea's nuclear test and Six Party Talks, negotiations with Iran, the crisis in Syria, and France's intervention in Mali.
Germany's Bundesbank remains an influential actor in eurozone policymaking, and its recent disagreements with the ECB raise concerns about managing the zone's debt crisis. This Backgrounder explains.
With the recent revelation of a United Nations inquiry into U.S. drone strikes policies and practices, Micah Zenko says the UN has actually been investigating U.S. drones for ten years—but to no effect.
British Prime Minister Cameron gave these remarks at Bloomberg in London on January 23, 2013. He discussed his view of the future of the European Union and his plans to hold a referendum on the United Kingdom's membership.
Prime Minister David Cameron, weakened domestically, must try to affirm Britain's future in the EU without being entangled in new moves toward EU integration, says Chatham House's Robin Niblett.
The interactive Global Governance Monitor tracks, maps, and evaluates multilateral efforts to address today's global challenges.
CFR Experts Guide
The Council on Foreign Relations' David Rockefeller Studies Program—CFR's "think tank"—is home to more than seventy full-time, adjunct, and visiting scholars and practitioners (called "fellows"). Their expertise covers the world's major regions as well as the critical issues shaping today's global agenda. Download the printable CFR Experts Guide.
Special operations play a critical role in how the United States confronts irregular threats, but to have long-term strategic impact, the author argues, numerous shortfalls must be addressed.
The author analyzes the potentially serious consequences, both at home and abroad, of a lightly overseen drone program and makes recommendations for improving its governance.
Two experts argue that despite myriad development strategies, only one can succeed in alleviating poverty in India: the overall growth of the country's economy. More