Benn Steil and Dinah Walker argue that the ECB's bank stress tests will roil rather than calm markets if recapitalization funds are not set aside in advance, as they were in the case of the highly successful U.S. tests in 2009.

See CFR Senior Fellow and Renewing America Director Edward Alden's accompanying blog post here. In looking abroad to promote economic growth, the United States need go no further than its two clos…

U.S. policy of isolating Gaza is counterproductive and inadvertently helps entrench the terrorist group Hamas' control. The Obama administration should instead encourage trade and contacts between the West Bank and Gazan people to reestablish national institutions and elections, thereby empowering Palestinian partners for peace.

Europe's strategy for solving its debt woes has the problem exactly backwards. A gaping hole in Europe's policy response to date is its unwillingness to reduce excessive levels of corporate, bank, an…

Max Boot details a comprehensive strategy to defeat ISIS by committing to the fight on multiple fronts: intensify air strikes, utilize U.S. personnel and capabilities, encourage local and regional partners, and prepare for nation-building.