The impending release of the findings of the Special Tribunal for Lebanon and Hezbollah’s allegation of Israeli involvement in the 2005 assassination of Rafic Hariri threaten to ignite a political crisis and deepen sectarian fissures in Lebanon.
Private demand is not yet strong enough in advanced countries to compensate for the drag to come from fiscal stimulus withdrawal. Large countries that can afford to delay the withdrawal should do so.
The Hague ruling on Kosovo's independence indirectly strengthens the position of other self-proclaimed states—from Abkhazia and South Ossetia, to Nagorno-Karabakh and North Cyprus. However, legal rulings do not negate the need to find a political solution.
As the political stalemate in Iraq continues to drag on, the major parties and politicians continue to attempt to wrangle the greatest amount of power for themselves even as they continue to break constitutionally mandated deadlines.
The recent flotilla incident involving Turkey and Israel marked the culmination of a significant shift in Turkish foreign policy, one in which Turkey emerged as an assertive regional actor.
As international integration deepens and the global trading system becomes increasingly more complex, the WTO can take important steps to not only promote trade liberalization, but also to reaffirm its role as the ultimate regulator of global trade.
While the G20 is right to concentrate on short-term macroeconomic policy for now, its rhetoric must shift to better reflect reality, and more attention needs to be paid to structural reforms.
The international community’s understandable admiration for Palestinian Prime Minister Salam Fayyad and his efforts to rebuild the West Bank obscures a dangerous regression in democracy and human rights.
Turkey is emerging strongly from the Great Recession, but the Euro area crisis, a soaring current account deficit, and domestic political uncertainty threaten the economy.
Russia needs Europe’s technological resources to maintain its current economic and political system. Europe, however, wants its investment in Russia to lead to long-term institutional reform in Moscow.
Moscow’s unwillingness to trust market forces and continued insistence on top-down economic policies undermines any attempt at a true economic partnership with Europe.
The need for a strong relationship between Moscow and Brussels is clear, but Europe faces administrative and political barriers to a common policy on Russia and Russia remains unwilling to undertake the reforms that would make it more compatible with the EU.
Changing market conditions, increasing costs of production, and a new commitment to efficiency have given Russia an opportunity to increase its collaboration with Europe on issues of energy security.
As Moscow grapples with the question of whether to intervene to stop the violence in southern Kyrgyzstan, it is forced to confront a vexing issue: can Russia utilize its political and military potential to help resolve local and regional conflicts in Central Asia?
Germany, which benefited from the introduction of the euro, should boost its domestic demand to compensate for the deflationary measures taken by other countries in Europe.
Though headlines label the Euro crisis as one caused by sovereign debt, Europe’s most troubled economies are suffering from not only fiscal profligacy, but also a severe loss of competitiveness.
While tensions are rising on the Korean Peninsula and forecasting the North Korean leadership’s next steps is difficult, none of the parties involved have any interest in further escalation.
Though the eight newest EU are committed to eventually adopting the euro, they all already suffer from the problems that dragged Greece into crisis, suggesting that none of them are ready to join the Euro area yet.
As the number of countries with the ambition to play a role in world affairs increases, Washington must decide whether to deal with them as legitimate global players or treat them as meddlers to be dismissed.
The formation of a new Iraqi government may still be months away, not because the issues to be negotiated will take time, but because serious negotiations do not appear to have started yet.