North America

Must Read

NYT: The Wolf Hunters of Wall Street

Author: Michael Lewis

"Katsuyama and his team did measure how much more cheaply they bought stock when they removed the ability of some other unknown trader to front-run them. For instance, they bought 10 million shares of Citigroup, then trading at roughly $4 per share, and saved $29,000 — or less than 0.1 percent of the total price… It sounded small until you realized that the average daily volume in the U.S. stock market was $225 billion. The same tax rate applied to that sum came to nearly $160 million a day."

See more in North America; Banks and Banking

Primary Sources

Nuclear Security Summit Statements

On April 5, 2009, President Obama gave a speech in Prague, calling nuclear terrorism "the most immediate and extreme threat to global security," and hosted the first Nuclear Security Summit (NSS) in Washington, DC in April 2010. Additional summits took place in Seoul in 2012 and in the Hague in 2014. The summit aims to secure nuclear material and encourage collaboration between countries to eliminate nuclear weapons. Countries report on their progress in securing their nuclear materials.

See more in Arms Control, Disarmament, and Nonproliferation; United States; Global

Op-Ed

How to Avoid a Naval War With China

Authors: William J. Parker III and Micah Zenko
ForeignPolicy.com

Though tensions between the United States and China are high, a war between the two countries is not preordained, write Micah Zenko and William Parker III. There are numerous tools available to avert possible escalation, which, if applied properly, could lead to positive near and long term implications.

See more in China; United States; Sovereignty; Wars and Warfare

Must Read

Congressional Research Service: Russian Political, Economic, and Security Issues and U.S. Interests

"Although Russia may not be as central to U.S. interests as was the Soviet Union, cooperation between the two is essential in many areas. Russia remains a nuclear superpower. It still has a major impact on U.S. national security interests in Europe, the Middle East, and Asia. Russia has an important role in the future of arms control, the nonproliferation of weapons of mass destruction (WMD), and the fight against terrorism."

See more in Russian Federation; United States; Defense and Security

Article

Obama’s Focus Is on Nation-Building at Home

Author: Stephen Sestanovich
The New York Times

Every period of great exertion in American foreign policy — World War II, the Korean War, the Vietnam War, the cold war, the post-9/11 wars — has been followed by some sort of downsizing. To many, this feels like weakness; to others, mere realism. But there's no arguing with the pattern. The past few years were going to be a time of retrenchment no matter who was in charge.

See more in United States; Development