President Barack Obama and Turkish Prime Minister Tayyip Erdogan held a joint press conference on May 16, 2013. They discussed trade, security commitments in NATO, and the situation in Syria.

Steven Cook inspects the role of Islam in Egyptian, Turkish, and Tunisian society and culture.

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.

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.

Eurozone finance ministers gave this statement on March 25, 2013, upon reaching a deal to provide ten billion euros to prevent bankruptcy in the Cyprus's banking system.

The success of a surprise cease-fire between Turkey and PKK insurgents hinges on Ankara granting the Kurds greater autonomy and whether the militant group disarms, says CFR's Steven A. Cook.

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.

Once fear reaches a critical mass, people will act, and then a bank run becomes a self-perpetuating process. There has been a lot of complacency about the eurozone crisis in the past eight months.

Though the results of Israel's recent election point to the creation of a new and potentially more conciliatory government, Steven A. Cook says tensions between Jerusalem and Ankara run too deeply for a single election to make much difference.

Benn Steil's column in Dow Jones' Financial News, co-authored with Dinah Walker, shows why last March's Greek debt restructuring left Greece in poor shape to avoid financial collapse

Somewhat overshadowed by his longtime ally, Prime Minister Recep Tayyip Erdogan, Turkish President Abdullah Gul has begun to carve out a more independent, progressive path.

Thanks to the rift between Turkey and Israel, Ankara's days as a power broker in the Arab-Israeli conflict are over, says Steven A. Cook.

Steven A. Cook says leadership in the Middle East is up for grabs as the Syrian war intensifies, the Arab Spring changes regional power dynamics, and Israel's airstrikes and Hamas rockets again roil Gaza. Last year, Turkey was the assumed role model for the region. But it has fallen down on the job.

An intensifying anti-Assad stance has disrupted Turkey's pragmatic regional policy and aroused concerns at home that it is on a war footing, says expert Steven Heydemann.

Following Turkey's decision to authorize military action against Syria, CFR's Steven Cook highlights three reasons why tensions are unlikely to escalate to war.

Commodities traders are looking to countries beset with internal unrest to make high-risk bets for high rewards.

Steven A. Cook says Mohamed Morsi's victory in Egypt's presidential election puts Islamists in control an office that was once the exclusive province of the military, but asks whether Sunday's Tahrir Square celebration was premature.

Steven A. Cook says that regardless of whether the June 17 decree by Egypt's Supreme Council of the Armed Forces was in fact a military coup, precedent in Turkey in Algeria shows that officers' interests are safeguarded, and society as a whole will pay.

Michael Spence argues that much of the furor over austerity misses the fact that deficit reduction is only one step on the road to restoring competitiveness, employment, and growth.