Julia E. Sweig, CFR’s director of Latin American studies, says ties between Washington and Havana may change, but the United States has been downplaying expectations of a breakthrough.  

EU approval of a new proposal for a banking and fiscal union would help reassure global financial markets and alleviate the eurozone debt crisis, says Bruegel’s Benedicta Marzinotto.

Shanghai’s new free trade zone promises to be a testing ground for China’s economic reform, but its innovations should be assessed over time, explains expert Daniel Rosen.

Mexico’s new president is pushing through a sweeping package of economic reforms that could help the country emerge as a major economic player, says CFR’s Shannon O’Neil.

Francisco R. Rodriguez, an expert on Venezuelan affairs, says the show of force by Venezuelan President Hugo Chavez after the Colombian incursion into Ecuador is an attempt to bolster his declining p…