Markets' reaction to the sovereign debt crisis in Greece and other European countries suggests global governments "have used up all their ammunition to boost global growth," and could be punished by the markets if they sustain stimulus programs, says CFR's Sebastian Mallaby.
Speaker: Philip H. Gordon Presider: Karen E. Donfried
The fall of the Berlin Wall twenty years ago marked a new era in U.S.-European cooperation on global issues. Philip H. Gordon discusses the status and future of the relationship under a new president's leadership, as well as the role of the transatlantic partnership in addressing international security challenges.
Timothy Garton Ash examines global politics twenty years since 1989 and questions whether today's Europe, ""mired in the narcissism of minor difference," can recapture the strategic boldness and historical imagination of 1989.
Moves toward the approval of the Lisbon Treaty could create a stronger European partner for Washington in global affairs, says CFR's Charles Kupchan. But he cites a competing trend toward stronger nation-states in Europe.
With Ireland passing the Lisbon treaty, Gideon Rachman contends that the European Union is staking a claim to be taken seriously as a global superpower, particularly with the Group of 20 where Europeans hold eight seats at the conference.
This paper analyzes the status and location of the military installations of the member states of the European Union and their potential role for the European security and defence policy.
Authors: Charles A. Kupchan, Federiga Bindi, and Justin Vaisse International Herald Tribune
Federiga Bindi, Charles Kupchan, Justin Vaisse write that, "Sarkozy offered a brand of EU leadership that works, reviving the Union...the Obama administration should recognize this for what it is - the stirrings of the more capable and collective European partner that the United States so sorely needs."
With financial firestorms erupting left and right in Europe, the global credit crisis takes a new dimension. Analysts say it might be time for coordinated interest rate cuts.
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