"Increasingly, without United States assistance, military experts said, Europe's armed forces have trouble carrying out basic operations as its dwindling financial and political commitment has derailed multiple initiatives intended to make the continent more self-reliant."
The debt crisis that has hammered southern Europe since 2010 will have long-lived economic effects, despite the moderation in Spanish and Italian government borrowing costs since the European Central Bank's "Outright Monetary Transactions" initiative last September.
In the wake of President Obama's brokered telephone apology between Israeli Prime Minister Netanyahu and Turkish Prime Minister Erdogan, Charles Kupchan argues for new foundations to an Israeli-Turkish partnership.
Charles Kupchan argues that the Obama administration's pivot to Asia does not entail a weakening of the trans-Atlantic partnership. Rather, the United State and Europe are leveraging their relationship to deepen engagement in Asia.
Cyprus's last-minute bailout deal highlights the vulnerabilities in the island nation's financial system, as well as the flaws in the eurozone's ability to effectively respond to banking crises, says CFR's Robert E. Rubin.
In 2012, the Obama administration announced a "pivot" to East Asia—a strategy that includes a focus on regional security alliances and a rebalance of U.S. military presence from Europe to the Asia-Pacific.
George Papandreou interviewed by Christopher Alessi
The EU and IMF should loosen the austerity requirements of Greece's bailout package to allow the indebted country to implement needed growth-enhancing policies, says former prime minister George Papandreou.
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 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.