In this Financial Times op-ed, Benn Steil argues that the Fed's aggressive monetary expansion threatens to undermine its unique powers among central banks, and, if continued, will have damaging consequences for America's future prosperity and global political influence.
The Treaty of Lisbon amended the EU's two core treaties, the Treaty on European Union and the Treaty establishing the European Community. It was signed on December 13, 2007 and entered into force on December 1, 2009.
European efforts to create a common counterterrorism policy continue in fits and starts, with some fearing an erosion of civil rights, and others an uncoordinated system that opens the way for tragedy.
William Drozdiak, president of the independent American Council on Germany, says the White House meeting last week between German Chancellor Angela Merkel and President Bush indicates “they seem to have struck up a much more friendly rapport than what Bush had with her predecessor Gerhard Schroeder."
Germany’s U.S. ambassador says his country will use new leadership positions in both the European Union and the G8 to advance the Israeli-Palestinian peace process and issues such as energy security with Russia.
Pope Benedict XVI makes his first visit to a majority Muslim state, Turkey, on November 28. The trip’s original aim was to build ties with Christian Orthodox leaders but the pope’s recent comments on faith, reason, and Islam—as well as Turkey’s EU accession—are likely to resonate throughout.
Steven A. Cook, CFR’s leading expert on Turkey, says the country is so preoccupied with issues of European Union membership, continuing problems over divided Cyprus, and the Kurdish issues that the pending visit of Pope Benedict XVI has not aroused much interest.
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.