简介：FollowingtheeruptionofEuropeandebtcrisisinthewakeofthefinancialcrisis,anewdebtcrisisbegantofermentontheUSsoils.OnMay16th,withUSdebtexceedingitsstatutoryceilingof$14.29trillion,USTreasury'ssolvencybecamesostretchedthatitcouldhardlylasttoAugust2nd.Asaresult,thecountrywasplungedintogreatdefaultrisks.Thetwoparties,throughheatedpoliticalstruggles,finallymanagedtoreach

简介：Undertheimpactofthesovereigndebtcrisis,theEuropeanUnionpayslessattentiontoitsforeignpolicyandtheCommonForeignPolicytendstobe"renationalized";theEUisagainembracing"geo-economics"withanenhancedtendencyofhighlightingeconomictiesandtradeinitsexternalrelations;EUcountrieshavegreatlycuttheirdefenceexpenditures,makingitmoredifficulttoimplementtheEU’sCommonSecurityandDefencePolicy(CSDP)infuture.TheauthorholdsthattheprospectsofeconomicgrowthintheEurozonecountries,Europeanintegrationunderthepressureofstructuralchangesininternationalrelations,andcompetitionandcollaborationinamultiplestructureofforeignpolicyestablishmentsarecombinedtoshapetheEU’sforeignpolicyinthecomingyears.

简介：AsanimpactofInternationalFinancialCrisis,theGreeksovereigndebtcrisissuddenlyturnedup.SomeEuropeancountries'debtcrisisgotfurtherunveiled.Themountingriskofworldsovereigncrisiscouldbetheprincipalriskofworldeconomyandfinancialmarketaftertheinternationalfinancialcrisisandwouldthreatentheglobaleconomyrecovery.Theworldeconomy,unchainedfromtheinternationalfinancialcrisis,mightenterthenextphaseofsovereigndebtcrisis.

简介：ThesovereigndebtcrisishasforcedtheEUtoreadjustitsdiplomacyandpriorities,includingplacingagreaterimportanceoncommercialdiplomacyandareorientationtowardstheemergingpowersandneighboringcountries.