President Obama held this press conference on March 1, 2013, on the deadline for the sequestration cuts to automatically begin.

Speaker of the House John Boehner gave this statement at a press conference about the sequester, on February 28, 2013.

Peter Orszag argues that reforming medical malpractice law to include "safe harbors" that protect doctors who follow evidence-based medical guidelines could bring down health-care costs without reducing the quality of care.

Despite media hoopla, cross-border crime -- illegal drugs sales, evasion of taxes, intellectual property theft, and money laundering -- is hardly a new phenomenon. For much of history, moreover, the United States was as much perpetrator as victim. Recognizing this awkward truth should help cool down overheated debates about today's transnational problems and how to respond to them.

Inequality is rising across the post-industrial capitalist world. The problem is not caused by politics and politics will never be able to eliminate it. But simply ignoring it could generate a populist backlash. Governments must accept that today as ever, inequality and insecurity are the inevitable results of market operations. Their challenge is to find ways of shielding citizens from capitalism's adverse consequences -- even as they preserve the dynamism that produces capitalism's vast economic and cultural benefits in the first place.

Even as Mexico continues to struggle with grave security threats, its steady rise is transforming the country's economy, society, and political system. Given the Mexico's bright future and the interests it shares with the United States in energy, manufacturing, and security, Washington needs to start seeing its southern neighbor as a partner instead of a problem.

Benn Steil's Wall Street Journal op-ed explains the unique historical circumstances in which the Bretton Woods international monetary system emerged in 1944, and why calls for "a new Bretton Woods" today will go unsatisfied.

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.

The exploitation of Congo's vast resources by competing elites and militaries for personal enrichment promotes insecurity and stymies development. Only very strong Western and African public outcry and a change in China's nonintervention approach might open the possibilities for change.

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Experts discuss the state of the global economy and predictions for the future.

Experts discuss the state of the global economy and predictions for the future.

FDR Treasury official Harry Dexter White was the leading architect of the Bretton Woods international monetary and financial system. But he was also a vital agent for Soviet intelligence in the 1930s and '40s. This article brings to bear startling new archival evidence to illuminate his motives.

Federal Reserve Bank Chairman Ben Bernanke presented these prepared remarks to the Senate Committee on Banking, Housing, and Urban Affairs on February 26, 2013. The committee provides a webcast of the whole hearing.

President Obama gave these remarks on the impact of the sequester on February 26, 2013, at Newport News Shipbuilding.

Micah Zenko argues, "The tolerance for threat inflation in the absence of plausible threats should be questioned and challenged by anyone interested in, or holding a stake in, the future of U.S. foreign policy."

Experts discuss the state of the global economy and predictions for the future.

Globalization refers to the increasing ease with which goods, services, capital and people can move across the world, which has been accelerated by advances in technology and government policies to reduce barriers. In terms of reducing poverty in as many countries as possible, there is no question that globalizationcontinues to be beneficial, even after the 2008 financial crisis. Poverty continues to fall worldwide at a rapid rate, and countries most integrated into the world economy have seen the biggest reductions in poverty. But it is also true that even before the crisis, the gains from globalization were not spread evenly. Though millions have been lifted out of poverty and everyone benefits from cheaper consumer goods and the opening of new export markets, there are still winners and losers.

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Jagdish Bhagwati contends that proposals for immigration reform centered on guestworker programs will be unsuccessful in stemming the inflow of undocumented workers.

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.

President Obama and Japanese Prime Minister Abe made these remarks after their meeting on February 22, 2013.