For every totally out-of-the-blue crisis that seizes the international agenda, there are some that everyone should have seen coming. Here are five foreign-policy stories to watch in 2011.
European leaders need to stop whinging and start solving their debt crisis for real.
Global Thinker No. 26 Raghuram Rajan's look at the fissures that brought about the global financial crisis -- and which are still at work today.
From the new afterword to Andrew Ross Sorkin's classic tale of the financial crisis, recommended by several FP Global Thinkers: Have we learned anything from our failures?
Nobel-winning economist and FP Global Thinker No. 30 Joseph Stiglitz was one of the first to predict the global financial crisis -- and has since been one of the most vocal critics of the U.S. government's response. Talking to Foreign Policy's Benjamin Pauker, he explained why he's not celebrating yet.
A guide to who's still standing in the post-crash marketplace of ideas.
Don't fall for the nostalgia -- George W. Bush's foreign policy really was that bad.
The Federal Reserve just announced that it would buy $600 billion in government bonds over the next eight months. Some say it isn't enough, others say it could ruin the world's financial system, and the Fed says it's just right.
How Obama can save the fragile economy from going back into a tailspin.
The legendary central banker speaks with FP about family values, what went wrong with big finance, and why baseball is to blame.
The scion of a socialist political dynasty, son of one prime minister and grandson of another, George Papandreou has also inherited the unwelcome task of bringing Greece's sinking economy back from the depths of the Aegean. Here, he explains how Greeks are more stoic than you think, that Europe isn't the problem -- and why markets are not gods.
The Greek prime minister has gone from leader of the socialist party to wielding the axe against entitlements -- and his long journey has just begun. In an exclusive interview, George Papandreou looks to the future and talks to FP about the Herculean tasks ahead.
The real losers of the financial crisis weren't the blockbuster failures of Greece and Iceland; they were the countries so isolated that their economies didn't feel the blow.
French President Nicolas Sarkozy and German Chancellor Angela Merkel have long had a testy relationship, but at the EU Summit they'll need to patch things up quickly to save the union -- and possibly their own governments.
Greece is reluctantly coming to accept that paying taxes is among life's certitudes.
The bailout may soothe markets, but it won't fix the fundamental problems that have pushed Greece, Spain, Portugal, and Italy to the brink.
As President Medvedev is finding out, bringing Russia up to date is easier said than done.
Forced to tighten their belts, thousands of furious Greeks are taking to the streets instead.
As the Greek economy threatens to spin out of control, the former chief economist of the International Monetary Fund discusses the roots of the crisis, and what it means for the future of the European Union.
The European Central Bank is trying very hard not to get stuck bailing out Greece.