The bipartisan deficit reduction plan stresses the need to tighten U.S. foreign policy priorities, even if U.S. allies fail to pick up the slack, says expert Michael Mandelbaum.

Cutting the federal deficit is seen as essential for reviving the country’s economic standing. CFR’s Peter Orszag looks at some of the pros and cons of recommendations by a presidential commission’s …

GOP election gains make it less likely Congress will enact needed deficit cuts and more fiscal stimulus, and the Fed’s quantitative easing plan could create new bubbles, says CFR Distinguished Visiti…

The eurozone fiscal crisis has led many EU members to discount the benefits of European integration, but the bloc is likely to muddle along and focus on inward relations while bonds with Washington w…

Saving the European Union requires a plan to allow fiscally weak member countries to fail, as well as painful lifestyle changes and some loss of national sovereignty, says the Centre for European Pol…