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Nouriel Roubini: The Financial Times recently interviewed economist Nouriel Roubini regarding the current US housing market problem and the potential for an extended US recession. Roubini addresses the outlook of the US economy, mortgages, potential policy action—The Frank-Dodd bill, Fed policy, and the outlook of financial markets.
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Transatlantic Press Round-up: The 2008 White Paper sets the tone for the next decade of French defense policy. Although France's "loss of independence" is controversial, many welcome the progress towards synchronization of the French, European, and transatlantic security and defense strategies.
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Marek Swierczynski: One crisis is rapidly spiralling to another. The Irish "No" to the Lisbon Treaty spoiled the mood among the EU big players so much that they've threatened to halt enlargement plans. And it is not Ireland, they're threatening but Eastern European new member states.
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Parag Khanna & Alpo Rusi: Despite the Irish no vote, the EU's destiny is to lead the world on security, trade and climate change. Increasingly, globalization requires structure and organization on the local level, and the EU, which benefits from high credibility, is setting standards for other regions around the world.
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Anatol Lieven: NATO might fail in Afghanistan. Hopes for democracy, development, and progress in Afghanistan are already dead. Even though the situation seems hopeless, the West can and should prevent further deterioration.
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Fabian Martin Lieschke: President Bush’s effort to unite the EU-3 behind an American proposal for harsher measures on Iran may be undermined by German domestic politics.
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Thomas Speckmann: Examining the foreign policy of US presidents since Kennedy reveals that Germany is generally better off with the conservatives and that German military involvement will always be expected, regardless of who is elected.
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Leah Strauss: Both the UN Environment Program and Human Rights Council have acknowledged the ever-present human element of environmental degradation. Globally, the recognition that those who pollute are violating human rights is of urgent importance, nowhere more-so than in China.
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Hall Gardner: A move towards Ukrainian NATO membership would strain relations with Russia and have serious consequences. In the short-term, Ukraine should remain "neutral", while the EU introduces new, and expands existing confidence building economic and political areas of cooperation with Kiev and Moscow. In the long-term, Europe should seek to develop a confederal relationship with both Ukraine and Russia.
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Heinrich Bonnenberg: NATO is not the main topic for the future of Europe. The main topic is to come up with a European identity, that means a European civilization.
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