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.

CFR Senior Fellow Ray Takeyh argues that it is necessary for the United States to emphasize human rights issues during discussions of a nuclear agreement with Iran.

See CFR Senior Fellow and Renewing America Director Edward Alden's accompanying blog post here. Despite the pressing infrastructure investment needs of the United States, federal infrastructure po…