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Joint Declaration in Commemoration of the Sixtieth Anniversary of the Alliance between the United States and the Republic of Korea

President Barack Obama and South Korean President Park Geun-hye issued this joint declaration on May 7, 2013. The statement confirms both nations' commitment to the U.S.-Republic of Korea (ROK) Mutual Defense Treaty, U.S.-Korea Free Trade Agreement, Joint Vision for the U.S.-ROK Alliance, and Six Party Talks with North Korea.

See more in United States, South Korea, Treaties

Must Read

NYT: Silicon Valley’s Start-Up Machine

Author: Nathaniel Rich

The Mountain View investors are the partners of Y Combinator, an organization that can be likened to a sleep-away camp for start-up companies. Y.C. holds two three-month sessions every year. During that time, campers, or founders, have regular meetings with each of Y.C.'s counselors, or partners, at which they receive technical advice, emotional support and, most critical, lessons on the art of the sale. There is no campus, only a nondescript office building in Mountain View — on Pioneer Way, around the corner from Easy Street. Founders are advised to rent apartments nearby, so that they can run to the office in minutes should an important investor pay a visit.

See more in United States, Economic Development

Must Read

The New Yorker: The Thin Red Line

Author: Dexter Filkins

The Administration has given the Syrian opposition more than six hundred and fifty million dollars in nonmilitary aid, but Obama has consistently opposed arming the rebels or intervening militarily on their behalf. The United States has taken a tenuous position: not deep enough to please the rebels or its allies in Europe, or to topple the regime, or to claim leadership in the war's aftermath—but also, perhaps most important, not so deep that it can't get out.

See more in Syria, Wars and Warfare, Weapons of Mass Destruction

Must Read

CRS: Securing U.S. Diplomatic Facilities and Personnel Abroad: Background and Policy Issues

Authors: Alex Tiersky and Susan B. Epstein

Under reciprocal treaty obligations, host nations are obligated to provide security for the diplomatic facilities of sending states. However, instances in which host nations have been unable or not fully committed to fulfilling this responsibility have sometimes left U.S. facilities vulnerable, especially in extraordinary circumstances. U.S. facilities therefore employ a layered approach to security including not only the measures taken by a host country, but also additional, U.S.-coordinated measures, to include armed Diplomatic Security agents, hardened facilities, U.S.-trained and/or contracted local security guards, and sometimes U.S. Marine Security Guard detachments (whose principal role is securing classified information).

See more in United States, National Security and Defense

Video

"Foreign Policy Begins at Home: The Case for Putting America’s House in Order"

Speaker: Richard N. Haass
Presider: E.J. Dionne Jr.

Richard N. Haass discusses his new book, Foreign Policy Begins at Home, in which he puts forward a new foreign policy doctrine of Restoration, where the United States limits its engagement in wars of choice and humanitarian interventions abroad, and focuses on restoring the foundations of its power at home.

See more in United States, U.S. Strategy and Politics

Audio

"Foreign Policy Begins at Home: The Case for Putting America’s House in Order"

Speaker: Richard N. Haass
Presider: E.J. Dionne Jr.

Richard N. Haass discusses his new book, Foreign Policy Begins at Home, in which he puts forward a new foreign policy doctrine of Restoration, where the United States limits its engagement in wars of choice and humanitarian interventions abroad, and focuses on restoring the foundations of its power at home.

See more in United States, U.S. Strategy and Politics

Transcript

"Foreign Policy Begins at Home: The Case for Putting America’s House in Order"

Speaker: Richard N. Haass
Presider: E.J. Dionne Jr.

Richard N. Haass discusses his new book, Foreign Policy Begins at Home, in which he puts forward a new foreign policy doctrine of Restoration, where the United States limits its engagement in wars of choice and humanitarian interventions abroad, and focuses on restoring the foundations of its power at home.

See more in United States, U.S. Strategy and Politics

Interview

Iraq's Worsening Situation

Ned Parker interviewed by Bernard Gwertzman

The political standoff between the Shiite government of Nuri al-Maliki and Sunni protestors is fueling growing instability in Iraq, which recorded its most violent month in five years, explains Iraq expert Ned Parker.

See more in Iraq

Ask CFR Experts

What is preventing international action in Syria?

Asked by Jake C., from University of Texas at Tyler

A number of countries, including the United States, the United Kingdom, Turkey, and Qatar, have been providing support to the opposition in various forms, ranging from humanitarian aid to military supplies, such as weapons, armor, and communication devices. However, these efforts have not been enough to turn the tide, and after three years of fighting, a diplomatic solution still seems unlikely.

Read full answer

See more in United States, Syria, U.S. Strategy and Politics, Foreign Policy History

Op-Ed

Bernanke Should Follow the Advice He Gave to Japan

Authors: Benn Steil and Dinah Walker
Wall Street Journal

Benn Steil and Dinah Walker explain why the Fed's massive holdings of mortgage-backed securities (MBS) are distorting its thinking about the conduct of monetary policy going forward. They propose a novel plan to rectify this, in which the Fed swaps its MBS with the Treasury in return for Treasury securities, which the Fed can sell as part of a normal "exit" from monetary stimulus.

See more in United States, Economics, Financial Crises