A decade after communism’s collapse, the countries of Southeast Europe are still struggling to establish market economies and stable democratic systems. The post-Milosevic era offers new perspectives and opportunities. Bulgaria is already a success story. Can it be a model for others? What role should the new U.S. administration...

Marking the birth of the 7 billionth person on earth, here are five myths challenging everything you think you know about the world's population.

Twenty-first century economists blithely talked of the "risk-free debt" of governments, and European bank regulators set a zero-capital requirement on the debt of their governments. The manifold proof of their error is that banks and other investors are now taking huge credit losses on their Greek government bonds. The only question is why anybody would be surprised by this.

While most of Europe--from Italy and France to Bulgaria and Slovakia--gets at least some of its gas from Russia, there still is not a true, unified European Unionenergy policy.

The likelihood of the war with Iraq casts new light on the structure of American military presence in Europe, which has hardly changed since the cold war. The United States needs more flexible forces that can be deployed without delays caused by anti-American sentiment. New Europe--Hungary, Poland, Romania, and...

It is likely that today's global financial market crisis will mark the end of any serious challenge by the euro to the U.S. dollar as an alternate international reserve currency.

History shows us that sovereign governments often default on their loans, particularly in times of war or economic upheaval. Europe finds itself in this situation now and would do well to examine past sovereign debt crises—particularly, the European sovereign debt crisis of the 1920s—for lessons.

Freedom's Battle explores what humanitarian intervention is and when is it called for.