Council of Councils
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
May 5, 2006
United StatesPhilip K. Verleger, a well-known expert on the economics of oil, says that the current price of oil, which has dropped below $70 a barrel, has probably peaked for the moment. Yet he warns that any pr…
November 17, 2011
Economic CrisesGreece’s new prime minister is seeking crucial parliamentary support for an EU bailout package that will require restructuring its sovereign debt. Economist William Cline says Uruguay’s 2003 default …
May 10, 2016
Puerto RicoPuerto Rico’s debt crisis has entered a new stage. Without congressional action and deeper reforms, the island could find itself unable to provide basic services, says CFR expert Brad Setser.
June 14, 2011
GreeceThough Standard and Poor’s ranks Greece as the world’s lowest-rated economy, calling into question the eurozone’s future, economist Iain Begg says the debt crisis will paradoxically have the effect o…
June 27, 2012
Europe and EurasiaEU 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.