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In 2013, possibilities for stability from Somalia to South China Sea

Policymakers in many of the world's hot spots have a common New Year's wish: for unity to usher in and consolidate political and economic stability.

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Students read Koranic verses at a madrasa, or Koranic school, in Dhusamareeb, central Somalia, December 16.

Feisal Omar/Reuters

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The international news of any year is a disparate affair, a global chronicle of courage, calamity, and close calls. The interconnectedness of events is not always clear.

But looking ahead to 2013, whether in Syria, South America, or the South China Sea, policymakers have a common New Year's wish: for unity to usher in and consolidate political and economic stability.

Europe turns toward integration

After another year in the depths of a debt crisis that has tested the viability of the European Union, leaders made a major step forward at the end of the year: agreeing to give the European Central Bank oversight of the biggest banks in the Union.

 
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