Budget, Debt, and Deficits

Backgrounder

Hamas and the Shrinking PA Budget

Author: Esther Pan

The Palestinian Authority is in a budget crunch after Hamas, a group listed as a terrorist organization by both the European Union and the United States, won January's elections, yet refused to renounce violence or recognize Israel. This prompted a suspension of hundreds of millions of dollars in aid payments. Iran and Arab countries vow to make up the difference, but experts question the reliability of such pledges.

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Media Call: Greek Bailout Agreement

Council on Foreign Relations Senior Fellow Robert Kahn breaks down the deal and explains what it means for the future of Greece and the European Union. Greece reached an agreement with European creditors that would impose harsh austerity measures in return for a financial bailout.

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Foreign Policy Begins at Home: The Case for Putting America's House in Order

Please join Council on Foreign Relations President Richard N. Haass for a discussion of his new book, Foreign Policy Begins at Home. He describes a twenty-first century in which power is widely diffused, the result of globalization, revolutionary technologies, and power shifts. Haass argues that the biggest threats to U.S. security and prosperity come not from abroad but from within. He puts forward a new foreign policy doctrine of Restoration, in which the United States limits its engagement in foreign wars and humanitarian interventions and instead focuses on restoring the economic foundations of its power.

See more in United States; Budget, Debt, and Deficits; Infrastructure