With the London summer games at an end, economist Jose Ursua discusses whether or not Olympics have a financial impact for host cities, and the broader implications for the global economy.

This week’s European parliament elections could mark a victory for eurosceptics and fringe political groups, an outcome that would likely sour transatlantic relations, says expert Judy Dempsey.

Recent revelations about U.S. surveillance activities in Latin America have provoked a range of negative responses from regional leaders, but the practical consequences will be marginal, says expert …

Recent developments in Portugal provide yet another example of the growing political strength of anti-austerity forces in Europe.

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.

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 …

Dilma Rousseff, favored to win Brazil’s upcoming presidential runoff, would likely fall short on economic reform and tone down the current president’s "hyperactive diplomacy," says analyst João Augus…

President Obama’s decision to skip an upcoming summit in Spain set off a European reaction that highlighted areas of conflicting interests between the EU and the U.S., says CFR Europe expert Charles …