The core of any deal to address Puerto Rico’s imminent debt default long has been clear: strong fiscal oversight, paired with powerful tools to facilitate a necessary debt restructuring. But oversight should not overreach, and the new restructuring tools should respect the differences created by existing contracts. The legislation (PROMESA) that emerged from the House achieves the needed balance; it needs to pass the Senate quickly.
In the wake of the horror in Orlando, discussion has once again focused on the idea of placing a 'ban' on all Muslims entering the United States. The idea is to keep Muslims out of America and to go further by banning all entrants from countries with a "proven history of terrorism" against this country.
The relationship between India and the United States has evolved from one of cool distance to strategic proximity in a generation. This is lightning fast for geopolitics, writes CFR President Richard N. Haass.
Benn Steil’s June 24 op-ed on the PBS NewsHour Making$ense site, co-authored with Emma Smith, shows the strong relationship between consumer confidence and presidential elections going back to 1952. Current readings suggest an 80% chance of a Clinton victory, but the Brexit aftermath threatens to knock that down significantly.
Speakers discussed the results of the United Kingdom’s referendum on withdrawing from the European Union, including the political and economic consequences and what this will mean for the UK and Europe as a whole.
The British vote to leave the European Union may come to be seen as a tipping point in global politics, perhaps more consequential than anything since the fall of the Berlin Wall. It may mark the moment when Europe comes face to face with its own constitutional dysfunction, when the idea of the “West” finally ceases to be plausible and when the United States is confirmed in its sense that its interests lie more in Asia than in its traditional Atlantic sphere of influence.
Delegates from twenty countries discuss how best to address challenges posed by growing geopolitical rivalries, opposition to globalization, dramatic refugee flows, divergent views on global economic governance and international internet regulation, and the absence of a region-wide security architecture in Asia.
Ayelet Shaked is a relative newcomer to Israeli politics. Shaked, 40, served as Benjamin Netanyahu’s office manager before breaking with the prime minister and joining Naftali Bennett’s Jewish Home party in 2012 and then winning election to the Knesset in 2013. Following the 2015 election, Shaked was named Israel’s minister of justice.
Tzipi Livni has been called the most powerful woman in Israel since Golda Meir. Born to a prominent right-wing family, Livni spent several years working for the Mossad, Israel’s foreign intelligence service, before entering politics.
Israel—at least the largely secular and progressive version of Israel that once captured the world’s imagination—is over. Although that Israel was always in some ways a fantasy, the myth was at least grounded in reality.
In 1996, Ehud Barak, who was then Israel’s foreign minister and would later serve as prime minister, characterized Israel as “a modern and prosperous villa in the middle of the jungle.” Twenty years later, as political turmoil and violence engulf the Middle East, that harsh metaphor captures better than ever the way most Israelis see their country and its place in the region.
When the world focuses on the Arab-Israeli crisis today, the plight of the 4.6 million Palestinians living in the Gaza Strip and the West Bank gets most of the attention. But another pressing question haunts Israeli politics: the status and future of Israel’s own Arab citizens, who number around 1.7 million and make up around 21 percent of its population.
Soon after Benjamin Netanyahu began his second term as Israel’s prime minister in March 2009, he ordered the country’s military to develop a plan for a unilateral military strike on Iran’s nuclear facilities.
Was the feud between U.S. President Barack Obama and Israeli Prime Minister Benjamin Netanyahu, first over settlements and then over Iran, a watershed? Netanyahu, it is claimed, turned U.S. support of Israel into a partisan issue.
Two years ago, I argued in these pages that America was suffering from political decay. The country’s constitutional system of checks and balances, combined with partisan polarization and the rise of well-financed interest groups, had combined to yield what I labeled “vetocracy,” a situation in which it was easier to stop government from doing things than it was to use government to promote the common good.
Learn more about CFR’s mission and its work over the past year in the 2015 Annual Report. The Annual Report spotlights new initiatives, high-profile events, and authoritative scholarship from CFR experts, and includes a message from CFR President Richard N. Haass. Read and download »