The Asian financial crisis has eased, but its reverberations have enmeshed the International Monetary Fund (IMF) in a major legitimacy crisis over its recently assumed mission and its ability to implement it.
After more than fifty years of conflict, the Korean Peninsula is poised for a dramatic breakthrough.
With the downsizing of the U.S. military and an expansion of overseas training programs, the Pentagon has increasingly hired the services of private military firms.
The G8 Summit in Okinawa, Japans southernmost prefecture, focuses world attention on the huge U.S. military presence in Northeast Asia.
U.S.-Caribbean economic relations since 1950 divide into two periods: 1) the cold war era, when security concerns about communism shaped U.S. policy, and 2) the post-cold war period, when the importance of the Caribbean to U.S. strategic interests has diminished, and U.S. policy is driven by a new set of concerns.
By insisting on an ineffectual and inequitable system of international emissions trading, the U.S. is obstructing other nations, courting ecological disaster, and preventing a worldwide economic boom from a transition to clean energy.
The signing of the Convention on the Prohibition of the Use, Stockpiling, Production and Transfer of Antipersonnel Mines and on Their Destruction in Ottawa, Canada, in December 1997, represents a great arms control and human rights triumph.
At the center of the current debate of global governance is the G8/G7, a self-constituted forum of the major free-market democracies, whose deliberations and declarations have come to shape key decisions in the management of global political and economic affairs.
Twenty-five years after the end of the Vietnam War, the U.S. still treats Vietnam with a double standard; the July 2000 signing of a bilateral trade agreement is one step toward a balanced policy.
The U.S., alone among its major allies, is planning substantial increases in military spending, despite its overwhelming worldwide military dominance.