Speaker: Christine Lagarde Presider: Peter Ackerman
As the financial crisis spreads across the Atlantic, Europe's four largest economies are working to formulate a coordinated response. At the end of what promises to be a significant week for Europe, join French Finance Minister Christine Lagarde for a European perspective of the financial crisis and a discussion of possible policy options.
Robert E. Hunter, a former U.S. Ambassador to the North Atlantic Treaty Organization, says Georgian President Mikheil Saakashvili miscalculated by sending troops into South Ossetia in mid-August, but in the end, "Russia is the loser here."
The President of France, Nicolas Sarkozy, has pushed for his country to rejoin NATO's integrated military command in the hopes that it would help establish a capable European Security and Defense Policy. Ronja Kempin writes that this would only be possible if the French were to use their EU Presidency to link NATO and the EU by creating an operational civil-military EU planning and conduct capability closely linked to NATO's capacities.
In this Financial Times op-ed, Benn Steil argues that the Fed's aggressive monetary expansion threatens to undermine its unique powers among central banks, and, if continued, will have damaging consequences for America's future prosperity and global political influence.
The Treaty of Lisbon amended the EU's two core treaties, the Treaty on European Union and the Treaty establishing the European Community. It was signed on December 13, 2007 and entered into force on December 1, 2009.
This text amended the Treaty on European Union (Treaty of Maastricht) and the Treaty Establishing the European Community (Treaty of Rome). European leaders signed it on December 13, 2007; it entered into force on December 1, 2009. The amendments updated voting and legal procedures in the European Parliament, made the Charter of Fundamental Rights binding, and provided EU members the option to leave and to rejoin the EU.
European efforts to create a common counterterrorism policy continue in fits and starts, with some fearing an erosion of civil rights, and others an uncoordinated system that opens the way for tragedy.