September 22, 2014South Korea
A dispute over whether South Korea (ROK) should have the right to enrich and reprocess U.S.-origin nuclear fuels has led to a deadlock in talks on a new bilateral nuclear cooperation agreement. Failu…
August 11, 2014Fossil Fuels
Each year, governments around the world spend more than half a trillion dollars on fuel subsidies, crowding out productive investment in poverty alleviation and growth. CFR Senior Fellow Isobel Coleman proposes establishing a private-public partnership to help governments build the case for subsidy reform directly with citizens.
February 19, 2014Yemen
Benn Steil and Dinah Walker argue that the ECB's bank stress tests will roil rather than calm markets if recapitalization funds are not set aside in advance, as they were in the case of the highly successful U.S. tests in 2009.
February 24, 2014Europe and Eurasia
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…