Congress’ call for a new federal agency to oversee insurers still relies too heavily on ill-equipped state regulators to stem risks posed by bond insurers, traders, and reinsurers, writes CFR’s Marc …

Venezuela’s stepped-up efforts to develop nuclear power and tighten its bonds with Iran require a firm but deft diplomatic response from the Obama administration, write CFR’s Joel Hirst and Jonathan …

Greece teeters more than ever on the brink of a eurozone exit, a move that carries far greater consequences for Western interests than severing the monetary union, says CFR’s Sebastian Mallaby.

U.S. lawmakers’ brinkmanship over raising the debt ceiling could have prompted a series of moves--the downgrading of U.S. debt by Standard and Poor’s being one--that could cause a selloff of U.S. sec…

Gridlock over raising the debt ceiling has already tarnished Washington’s image and failure to address the problem in one month could cause enormous global financial upheaval, writes CFR’s Sebastian …