A protracted debt default would have serious global repercussions, but even without a default, a likely downgrade of U.S. debt and the absence of a fiscal reform plan are weakening the U.S. and unset…

The U.S. debt ceiling and deficit debate has led to challenges on foreign aid spending, but while aid could be leaner and more effective, CFR’s Stewart Patrick argues Congress should look to consolid…

The arrest of IMF chief Dominique Strauss-Kahn on charges of sexual assault could hamper the fund’s short-term ability to help manage the eurozone crisis but is not likely to harm the IMF over the lo…

Despite turbulence in financial markets, Japan’s multiple disasters will likely not have a major global economic impact, and reconstruction will provide a boost to the Japanese economy in the long te…

As European leaders gather to discuss eurozone reforms, German labor union expert Mehrdad Payandeh discusses the benefits of more European integration, but warns austerity policies could tip Germany …