While Congress is likely to raise the U.S. debt ceiling ahead of the August 2 deadline, lawmakers will still need to hash out a long-term deficit-reduction package to avoid market disruption and pres…

Gillian Tett of the Financial Times assesses the new U.S. plan for regulating derivatives markets and says regulators must balance the need to create transparency against the risk of stifling financi…

CFR’s Roger Kubarych says a new plan could boost banks’ confidence about reserve requirements, but adds that other problems loom.

As Greece inches closer to defaulting on its pile of sovereign debt, European leaders must move quickly to recapitalize the continent’s exposed banking sector, says EU economics expert Jacob Funk Kir…

The IMF and European leaders have gotten serious about Greece’s debt, says CFR’s Charles Kupchan. But the crisis also raises concerns about the eurozone’s unity.