Short Description: The automatic cuts in U.S. federal government spending, known as the "sequester," will negatively impact the U.S. economy in the short run and will not solve the long-term challeng…

Economist A. Michael Spence says emerging market growth is going to produce a boom in investment, which in turn may lead to higher interest rates globally, and a tendency to intervene in internatio…

A short U.S. government shutdown will likely have a limited effect on the economy but will be followed by a protracted debate over increasing the debt limit, which may result in the government’s defa…

With the eurozone crisis at a "critical" point, substantive interim measures are needed to reestablish stability while long-term fundamental changes are pursued, says CFR’s Robert E. Rubin.

Cyprus’s last-minute bailout deal highlights the vulnerabilities in the island nation’s financial system, as well as the flaws in the eurozone’s ability to effectively respond to banking crises, says…