BY ELIZABETH BUNN
The Chicago NATO Summit yielded an important, albeit somewhat imprecise, message regarding NATO’s commitment to Smart Defense: In light of economic turmoil, member countries are dedicated to sharing resources and working together to develop capabilities they could not otherwise achieve. Continue reading
BY KIMBERLY ELSHAM, RACHEL LANDEN AND PREETI UPADHYAYA
Americans know as well as anyone how politics can get in the way of progress. For the Eurozone, it’s same song, different verse. Continue reading
BY PREETI UPADHYAYA
In the saga of the financial crisis crippling the Eurozone, it is fitting that Greece has been the currency union’s Achilles Heel. The country is running on fumes. Continue reading
BY MEGAN TAYLOR MORRISON A recent update on G-8 actions to improve food security left some international organizations calling for more. The Camp David Accountability Report detailed the progress of G-8 members on fulfilling commitments to the L’Aquila Food Security Initiative that began in 2009. The $22 billion program was created to help low-income countries … Continue reading
G-8 members are meeting this May against a backdrop of one of the worst global recessions in history, and the best course of action for recovery is the hottest topic up for discussion at their summit. The countries’ leaders need a meeting of the minds to figure out how to boost their sluggish economies, but economists say many factors are dragging down growth. For starters, the United States and Europe have a sensitive symbiotic economic relationship, which continues to upset the slow improvement. Continue reading
Chinese government leaders will not take part in either the G-8 or NATO summits, though the growing importance of China in the global economy is the 800-pound gorilla in the room at both forums. Several countries currently included in the G-8 “club,” such as Italy, Canada and France, have faded in importance globally even as China’s influence has soared. Continue reading
As the Eurozone debt crisis lingers, economists warn that financial shockwaves may soon make their way across the Atlantic. Continue reading
The EuroZone crisis heightens NATO’s urge to take immediate effective measures to prevent members’ economic problems from turning into a general, more dangerous security crisis. NATO relies on contributions from member countries to fund its initiatives. As European countries undergo severe austerity cuts, including massive cuts to defense budgets, their capacity to fulfill those financial obligations diminishes. Continue reading
When G-8 leaders convene in Camp David several pivotal world dynamics will underpin their agenda. The state of the economy and the shifting global power structure will be present in every conversation and issues Continue reading
President Obama may have nudged a few eggs down the South Lawn during the annual Easter Egg Roll, but outside the White House, advocates from ActionAid, a nonprofit organization working to eliminate poverty and injustice, gave the U.S. leader a not-so- subtle push of their own. A life-size cutout of the president humorously depicted as a “Hunger Hero” stood next to a large poster emblazoned with, “Obama: Find the will to be a hunger hero at the G8 summit.” Continue reading
