Munchen argues that the Bank of England's move to cut the interest rate to 3 percent is unlikely to help prevent the UK's impending economic slump because "channels through which monetary policy affects the real economy are still clogged."

Economist Paul Krugman asserts that, under Prime Minister Gordon Brown's leadership, the UK moved more swiftly and decisively than the U.S. in response to the financial crisis.

With financial firestorms erupting left and right in Europe, the global credit crisis takes a new dimension. Analysts say it might be time for coordinated interest rate cuts.

In a meeting with the Council on Foreign Relations, the UK's Secretary of State for Foreign and Commonwealth Affairs, David Miliband, shares his views on Western opportunity, and rising world powers.

Watch British Foreign Minister David Miliband discuss Transatlantic relations, developments in the Middle East, and other foreign policy issues of mutual concern to Britain and the United States.

Listen to British Foreign Minister David Miliband discuss transatlantic relations, developments in the Middle East, and other foreign policy issues of mutual concern to Britain and the United States.

David Miliband is making his mark on foreign policy.

Rising commodity prices have boosted mining profits, bringing windfalls to some regions and raising the possibility of large-scale industry consolidation.

British Prime Minister Tony Blair dispatched the British military to the Balkans, Africa and the Middle East, but currently defense spending is down, and generals are speaking out about the occupation.

Ian Leslie asks the people of America to stop being so grown up about politics.

Alternative cement products make good environmental sense, especially if Britain is to meet its ambitious targets to reduce carbon dioxide emissions.

A profile of three IRA splinter groups that remain active in Northern Ireland.

Michael Gerson suggests that McCain should pay close attention to the British conservatives, as he may have a thing or two to learn from the reincarnation of “compassionate conservatism.”

Charles Kupchan examines the improving relationship between the U.S. and Europe.

Walter Russell Mead writes that “Britain, the country that did more than any other to shape the world system in which we still live, is warming up for an encore.”

In an article published by Stiftung Wissenschaft und Politik, Simon Bulmer and Roderick Parkes evaluate the prospects for a new bilateralism in EU Affairs.