Francoise Hollande’s defeat of Americain Nicolas Sarkozy does matter when it comes to foreign policy because Sarkozy has arguably been the most alliance-friendly French leader in decades—perhaps ever. 

Sunday’s elections results in six European countries, particularly France, Greece and Germany, bode poorly for satisfactorily resolving the European Union’s ongoing financial and political crisis.

Attempts at austerity and deleveraging in Europe have converted an economic problem into a political dilemma, with leftist governments rising against Germany's austerity-laced rescue packages. Germany now faces a tough economic decision that will involve choosing between a breakup of the current euro system and a movement toward a common fiscal policy in Europe.

Sarkozy disregards his critics and sometimes seems to thrive on criticism.

The world usually turns out to work differently from what American presidents expected when they were campaigning.

During his first term in office, will French president Nicolas Sarkozy successfully bring France into the twenty-first century?

At this event, Legatum Institute senior vice president William Inboden and senior fellow Ryan Streeter will present the findings of the 2009 Prosperity Index.

Capitalism has come under attack with the economic crisis, the looming threat of climate change, and a broader concern, most recently driven by French President Nicolas Sarkozy.