About that headline: it’s a variation of a line from the 1995 film Apollo 13 (astronaut Jim Lovell, played by Tom Hanks, informing NASA’s mission control about his crippled spacecraft: “Houston, we have a problem”). In real life, those words weren’t uttered.

Hoover Institution fellow Condoleezza Rice discusses her new book To Build a Better World: Choices to End the Cold War and Create a Global Commonwealth, as well as her experience in national security.

Are we heading for a truce in the euro’s budget battles? Eurozone finance ministers have spent the past two years tussling over proposals from French president Emmanuel Macron for a budget that could help stabilize the currency union in economic downturns.