Seventeen of the European Union's 27 member states share an economic and monetary union (EMU) with the euro as a single currency. These countries are effectively referred to as the Eurozone. What has become known as the Eurozone crisis began in early 2010 when financial markets were shaken by heightened concerns that the fiscal positions of a number of Eurozone countries, beginning with Greece, were unsustainable. This report provides background information and analysis on the future of the Eurozone in six parts, including discussions on the origins and design challenges of the Eurozone, proposals to define the Eurozone crisis, possible scenarios for the future of the Eurozone, and the implications of the Eurozone crisis for U.S. economic and political interests.

This report examines the trade relations between the United States, the European Union, and China.

In May 2003, the United States, Canada, and Argentina initiated a formal challenge before the World Trade Organization (WTO) of the European Union’s (EU’s) de facto moratorium on approving new agricultural biotechnology products, in place since 1998. Although the EU effectively lifted the moratorium in May 2004 by approving a genetically engineered (GE) corn variety, the three countries are pursuing the case, in part because a number of EU member states continue to block approved biotech products. Because of delays, the WTO is expected to decide the case by December 2005. The moratorium reportedly cost U.S. corn growers some $300 million in exports to the EU annually. The EU moratorium, U.S. officials contend, threatened other agricultural exports not only to the EU, but also to other parts of the world where the EU approach to regulating agricultural biotechnology is taking hold.

Interview with Robert Kirchhofer, an executive at Caltex Petroleum Corporation, concerning his experiences and reminiscences of his long-time career with the Caltex Corporation.

Letter from Harris L. Kempner to Peter Pyn and Fritz Nordbeck thanking them for their letter of sympathy regarding the death of his son, Sandy, who was killed in Vietnam.

Video footage from the WBAP-TV station in Fort Worth, Texas to accompany a news story about Prince Bernhard of the Netherlands visiting Fort Worth to observe military airplane production and tour aviation facilities in the region.

Script from the WBAP-TV station in Fort Worth, Texas, covering a news story about Prince Bernhard of the Netherlands visiting Fort Worth to observe military airplane production and tour aviation facilities in the region.

Handwritten letter from Alex Lifschütz to Daniel W. Kempner wishing him the best for the new year and hoping to have the opportunity of seeing him again soon.