In a section of this week's "Saturday Essay" in the Wall Street Journal, Steven Cook says that Turkey will continue its current course of action relating to Syria: "supporting factions within the Syrian opposition, providing refugee relief and advocating for international intervention to bring the conflict to an end."
"All quiet on the euro front? Seen from Berlin, it looks as though the continent is now under control, after the macro-financial warfare of the last three years. Seen from the besieged parliaments of Athens and Madrid, from the shuttered shops and boarded-up homes in Lisbon and Dublin, the single currency has turned into a monetary choke-lead, forcing a swathe of economies into perpetual recession."
"Today... Europe is talking about 'the French question': can the Socialist government of President François Hollande pull France out of its slow decline and prevent it from slipping permanently into Europe's second tier?"
Asked by Maxwell Fenton, from Dowling Catholic High School
The International Monetary Fund (IMF) is, with the European Commission and the European Central Bank, part of the so-called troika responsible for setting the conditions that the Greek government must meet to secure continued official financial support. Greece is the eurozone's largest IMF program beneficiary, with about €28 billion in outstanding loans from the IMF.
"Europe is under pressure, both internally and from its allies, to take more responsibility for defence and security, especially in its immediate neighbourhood. The post-Cold War history of European deployments in Europe and joint NATO missions provide abundant evidence of such demands. Currently, US defence spending represents 72 percent of the NATO total – up from 63 percent in 2001."
"Azerbaijan is arming to the teeth. Armenia is growing increasingly disillusioned with Russia, its main protector. And the potential for armed conflict in the breakaway Nagorno-Karabakh region appears higher than it has been in years."
"Ever since its start, the existential threat to the single currency has mainly come from two separate but related scenarios: a massive bank run by depositors convinced their euros were about to be turned back into drachmas, escudos or pesetas; or Italy losing access to the bond market, making it unable to refinance its massive €2tn debt pile."
Thomas Bollyky and Anu Bradford discuss the newly launched Transatlantic Trade and Investment Partnership negotiations and its potential for overcoming the real barrier to global trade and commerce – divergent or duplicative regulatory policies.
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.