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Omar G. Encarnación

By resigning, Spain's King Juan Carlos’ is gambling that his departure will restore the monarchy’s luster. But his bet also entails a high stakes game of political brinkmanship for the incoming king, not unlike the one he himself encountered when he came to the throne after General Francisco Franco’s death.

Essay, 2014
Benn Steil

In today’s dollar-dominated financial system, changes in U.S. monetary policy can have immediate and significant global effects, wrecking economies and toppling regimes. As a result, for many countries monetary sovereignty is nothing but a dream.

Gareth Harding

Euroskepticism is now a continent-wide malaise, with momentum on its side. In order to win back the public, the EU will need to do less, but do it better.

Michael Weiss

Over the past five years, Tallinn has concentrated on proving to itself and to its NATO allies that it is able to defend itself against Russia, using overt and covert means. It has also made a strong case for why confrontation with Moscow is unavoidable.

Essay, 2014
Barry Blechman and Russell Rumbaugh

U.S. tactical nuclear weapons in Europe had little military value during the Cold War and they have even less today. Instead of giving these aging weapons a costly upgrade, Washington should begin phasing them out.

Essay, 2014
John Micklethwait and Adrian Wooldridge

Western countries became powerful thanks in part to three (and a half) revolutions in government that leveraged the power of technology and the force of ideas. Now, a fourth revolution has begun -- but it isn’t clear yet which countries will shape it and whether they will draw from liberal democracy or authoritarianism.

Review Essay, 2014
Peter Hoffmann

In profiling two leading figures in the German resistance, Elisabeth Sifton and Fritz Stern have revealed an important truth about the anti-Nazi underground: although those who opposed Hitler often had motives unrelated to anti-Semitism, the most influential resisters were driven primarily by a shared horror at the mass murder of Jews.

Mitchell A. Orenstein and Péter Krekó

Earlier this week, as Europe was preparing for continent-wide parliamentary elections, Hungary was busy asking the EU Parliament to revoke diplomatic immunity for Béla Kovács, a prominent representative of Hungary’s far-right Jobbik party, in order to charge him with spying on the EU for Russia.

Petr Polak

With its aging population and struggling financial sector, Europe increasingly resembles Japan in the 1990s. The most disquieting similarity is that the European Central Bank, like its Japanese counterpart, seems unwilling to act.

Letter From,
Sophie Pinkham

Recent discussions about Ukraine have often focused on sweeping questions of historical narrative and national sovereignty. But Sunday's election showed that ordinary Ukrainians are mostly worried about poverty, unemployment, a lack of social services, and endemic corruption.

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