The EU’s Nobel Peace Prize selection comes as the bloc struggles to resolve its debt crisis. Nevertheless, the EU represents one of the great peacemaking accomplishments of the modern era.

Cyprus’s last-minute bailout deal highlights the vulnerabilities in the island nation’s financial system, as well as the flaws in the eurozone’s ability to effectively respond to banking crises, says…

CFR’s Matthew Kroenig discusses the newly released IAEA report on Iran’s nuclear program.

Brazil, Russia, India, China, and South Africa (known as the "BRICS") are forming multilateral bodies intended to reduce Western influence over the global financial system, explains CFR’s Stewart Pat…

CFR’s Sebastian Mallaby discusses the EU summit’s potential for stemming the tide of the eurozone debt crisis.