The European Stability Mechanism's (ESM) bank recapitalization instrument was designed to break the vicious circle tying financially weak eurozone governments to financially weak banks. It cannot, ho…

The Trump administration has destroyed the World Trade Organization’s Appellate Body, much to the dismay of those needing the certainty of a rules-based trading system. Three reforms could get it bac…

The Obama administration is fostering Israeli-Palestinian negotiations aimed at a full and final peace agreement. While the talks last they help calm the regional political situation, but they do not…

Trump’s new approach to the Palestinians will do more harm than good. The United States cannot solve the Israeli-Palestinian conflict, but it can and should avoid making it worse.

Introduction Yemen is slipping into an uncertain and dangerous future. In early June 2011, President Ali Abdullah Saleh, who has ruled the country for the past thirty-three years, narrowly escaped…