EU leaders are moving forward with a new fiscal compact, but doubts persist over the agreement's legality and its ability to stem the tide of eurozone sovereign debt contagion.
Foreign Affairs: Martin Feldstein
The Failure of the Euro
Interview: Gillian Tett and Robert Rubin
European Debt Crisis
Must Read: Jean Pisani-Ferry
The Worst and the Best of Austerity
Must Read: TIME
China's Hopes in Europe
A senior U.S. defense official on North Korea
December 21, 1973
After the Yom Kippur War, representatives from Israel, Egypt, Jordan, the USSR, and the United States convene in Geneva to discuss a solution to the Arab-Israeli conflict.
International System
Refounding Good Governance
Charles A. Kupchan
See Also: Global Governance Monitor
China's Periphery
Managing Potential Instability
Paul B. Stares, Scott A. Snyder, Joshua Kurlantzick, Daniel Markey and Evan A. Feigenbaum
U.S. Trade Deficit
The Exchange-Rate Delusion
A. Michael Spence
See Also: The Future of China's Currency
A Daily Roundup of News Stories from Sources Around the Globe
- North Korea Mourns Kim Jong-il
- Iraq Orders Arrest of VP
- Pakistan says NATO Violated UN Charter
- ECB Warns on Eurozone Risks
December 26
20th Anniversary of The Fall of The Soviet Union.
December 31
More U.S. Troops Withdraw from Afghanistan.
The Council on Foreign Relations takes no institutional position on policy issues and has no affiliation with the U.S. government. All views expressed in its publications and on its website are the sole responsibility of the author or authors.
Copyright © 2011 by the Council on Foreign Relations, Inc. All rights reserved.