March 18, 2011 View this newsletter as a web page on CFR's website. In this Issue: Beware the Costs of Libyan Intervention Implications of Japan's Earthquake Obama's Trip to South America Beware the Costs of Libyan Intervention U.S. supporters of a UN resolution aimed at protecting Libyan rebels should understand that an entangling military commitment may now be underway, argues CFR's Ray Takeyh. Read more Online Debate: "U.S. Military Intervention for Libya?" with Elliott Abrams and Micah Zenko Op-ed: "It's Not Too Late to Save Libya" by Max Boot (Wall Street Journal) Article: "Let Libya's Neighbors Fix It" by Leslie Gelb (Daily Beast) Media Conference Call: "Intervention in Libya - Options for the United States" with Micah Zenko and Matthew Waxman Op-ed: "What If Qaddafi Hangs On?" by James Lindsay (cnn.com) Interview: "Obama's Mixed Message on Libya" with Robert Danin CFR experts on the Middle East For continuously updated coverage on the Middle East, visit the Issue Guide to the Arab World Protests Implications of Japan's Earthquake The devastation wreaked by Japan's worst-ever earthquake and the accompanying tsunami continues to widen. Japan expert Sheila Smith and nuclear expert Michael Levi discuss the energy, political and economic implications of this crisis on Japan and energy markets. Read more Blog: "A Stunned Japan Turns to Its Military" by Sheila Smith ("Asia Unbound") Interview: "Japan's Economic Aftershocks" with Sebastian Mallaby Op-ed: "5 Myths About Nuclear Energy" by Michael Levi (Washington Post) Expert Brief: "Chernobyl's Lessons for Japan" by Laurie Garrett Op-ed: "How Bad Communications Is Undermining Japan's Response" by David Abraham (The Atlantic) Interview: "Japan's Crisis for Nuclear Power" with Charles Ferguson Analysis Brief: Japan's nuclear tremors after the quake For continuously updated coverage on Japan, visit the Issue Guide to Japan's Triple Crisis Obama's Trip to South America From March 19 to March 23, President Obama makes his first official visit to South America, stopping in Brazil, Chile, and El Salvador. Latin American experts Julia Sweig and Shannon O'Neil discuss the Obama administration's goals for this visit and opportunities to strengthen the U.S.-South America relationship. Read more Op-ed: "Mr. Obama, Meet the New Brazil" by Julia Sweig (International Herald Tribune) Foreign Affairs: "A New Global Play - Brazil's Far-Flung Agenda" by Julia Sweig Blog: "Obama's Trip to Latin America" by Shannon O'Neil ("Latin America's Moment") Interview: "Toward New Ties With Brazil" with Matias Spektor Task Force Report: U.S.-Latin America Relations - A New Direction for a New Reality chaired by James T. Hill and Charlene Barshefsky; directed by Shannon O'Neil CFR experts on South America   Cyberspace Governance: The Next Step An informal multilateralism is best suited to cyberspace, writes CFR Senior Fellow Adam Segal in a new Policy Innovation Memorandum. He adds that the United States should focus on thresholds and legitimate targets in particular to better begin shaping international norms.     American Economy and the Employment Challenge The actions of the free market have made goods less expensive for Americans, but the free flow of labor and capital has also diminished the employment opportunities available in the United States, argue CFR Distinguished Visiting Fellow and Nobel Laureate Michael Spence and NYU's Sandile Hlatshwayo. In this new Working Paper, they explore policies that may improve this trade-off.     This Week on CFR's YouTube Channel CFR Senior Fellow Michael Levi discusses the global response to Japan's nuclear crisis and its implications for nuclear energy. CFR Senior Fellow Robert Danin warns that the U.S. must have a clear objective for Libya and the region as it addresses the crisis. Watch more videos on CFR's YouTube channel.     On the CFR Blogs ASIA UNBOUND Sheila Smith writes that despite growing frustrations, Japan's emperor tells people not to give up hope THE WATER'S EDGE James Lindsay discusses Libya in today's "Friday File." LATIN AMERICA'S MOMENT CFR's Shannon O'Neil writes that the documentary "Presumed Guilty" is a vivid take on the challenges Mexico's justice system faces. PRESSURE POINTS Elliott Abrams hopes that it is not too late for a compromise in Bahrain. AFRICA IN TRANSITION John Campbell writes that though the international community's attention is far from Cote d'Ivoire, it continues its downward spiral. FROM THE POTOMAC TO THE EUPHRATES Steven Cook argues that Egypt's constitutional ammendments do nothing to change the power of the executive. ENERGY, SECURITY, AND CLIMATE Michael Levi explains that security, economics, and environmental factors all affect energy policy. 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