For much of last year, Turkey's economy seemed almost on top of the world. In May, as huge construction projects moved ahead, Ankara paid off its remaining debt to the International Monetary Fund, ending what seemed to many Turks a long history of humiliation.
"Whether the corruption charges are justified or not — there has been plenty of leaked evidence, especially wiretapped conversations, that appears incriminating — the corruption probe has laid bare the influence of the Gulen movement within the Turkish state, which had largely been suspected but hard to prove."
"Rather than an opportunity to spread freedom in a part of the world long plagued by corruption and oppression, Mr. Obama sees Ukraine's crisis as a problem to be managed, ideally with a minimum of violence or geopolitical upheaval."
Benn Steil and Dinah Walker argue that the ECB's bank stress tests will roil rather than calm markets if recapitalization funds are not set aside in advance, as they were in the case of the highly successful U.S. tests in 2009.
Experts discuss recent developments regarding uprisings in Ukraine. Over the past couple of months, there has been an increase in confrontation with the government which has resultred in violent protests in Ukraine, and specifically in Kiev. Stephen Sestanovich, Alexander Motyl, and Robert McMahon discuss Russia and Putin's role, the current state of Ukraine, and its future.
Stephen Sestanovich, Senior Fellow for Russian and Eurasian Studies at the Council on Foreign Relations and previously ambassador-at-large for the former Soviet Union, and Alexander J. Motyl, professor of political science at Rutgers University–Newark, discuss the consequences of the protests in Ukraine for the country, the region, and the United States.
"To set its own course, Ukraine needs normal public debate, the restoration of parliamentary democracy, and workable relations with all of its neighbors. Ukraine is full of sophisticated and ambitious people. If people in the West become caught up in the question of whether they are largely Nazis or not, then they may miss the central issues in the present crisis."
Authors: Stephen Fidler, Laurence Norman, and Bertrand Benoit
"The deadly violence that exploded this week in Ukraine has another victim: Europe's foreign-policy credibility.
A few months ago Ukraine looked on course to be drawn into the Western orbit through a wide-ranging trade-and-aid agreement with the European Union. Today, Ukraine is advertising Europe's helplessness to influence events even in countries close to its borders."
"Sadly, [President] Yanukovych's ouster won't solve Ukraine's larger problem: Its Russian-dominated past exerts a powerful pull and Europe is nowhere near ready to help the country build a more peaceful and prosperous future."
The latest eruption of violence in Ukraine has brought its protracted political unrest—rooted in a dispute over strengthening ties with the European Union—to its bloodiest phase yet. This roundup of expert analysis examines the conflict and consequences for regional stability.
"Two of the most respected institutions in Germany, the Bundesbank and the constitutional court, are now on record as registering profound objections to the policies underpinning the euro.
As long as the German economy is strong, such laments are unlikely to churn up mainstream German politics. But when things get tough, as they inevitably will at some point, the intellectual groundwork has been laid for a "stab-in-the-back" theory that will explain Germany's problems by reference to the illegal and improvident acts of the European institutions."
French President Francois Hollande visited the United States, from February 10-12, 2014. In Washington, he met with President Barack Obama, Vice President Biden, Secretary of State John Kerry, directors of the IMF and the World Bank, and met with several American CEOs.
"Monnet is once again exerting his influence, this time from beyond the grave. The crisis in the eurozone has focused minds in key capitals on cobbling together institutional measures of the sort that he believed were necessary for monetary union. As a result, his vision of a united Europe may well survive and, over time, succeed."
Asked by Isaiah Smith, from Birdville High School Author: Charles A. Kupchan
It is in the interests of the United States to see Ukraine emerge as a stable democracy with strong economic and political ties to the European Union. The United States sides with and supports the Ukrainian opposition—inas much as many of the demonstrators in Ukraine are protesting President Viktor Yanukovych's infringements on democratic practices, his government's use of violence against the demonstrations, and his decision to conclude an economic pact with Russia rather than with the EU.
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.
The authors argue that it is essential to begin working now to expand and establish rules and norms governing armed drones, thereby creating standards of behavior that other countries will be more likely to follow.
The author examines Pakistan's complex role in U.S. foreign policy and advocates for a two-pronged approach that works to quarantine threats while integrating Pakistan into the broader U.S. agenda in Asia.