As Greece inches closer to defaulting on its pile of sovereign debt, European leaders must move quickly to recapitalize the continent’s exposed banking sector, says EU economics expert Jacob Funk Kir…

By ending the yuan’s peg to the U.S. dollar, China will deflect pressure over its currency policy at the upcoming G20 meeting. But tensions will persist over the pace of reform, says CFR’s Steven Dun…

CFR’s Benn Steil says the dollar’s continuing decline could result in higher prices for major imports like energy and, in a worst-case scenario, might lead to higher inflation and interest rates.

Reflecting on the twentieth anniversary of the Chinese government crackdown on pro-reform protests in Tiananmen Square, New York Times columnist Nicholas Kristof says China is likely to evolve toward…

Gillian Tett of the Financial Times assesses the new U.S. plan for regulating derivatives markets and says regulators must balance the need to create transparency against the risk of stifling financi…