Major progress has been achieved in the reconciliation between the US and its old adversaries, Cuba and Iran. But there are many hurdles to be overcome before normal relations are restored.
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Now that the effects of the crisis are settling, it is time for new, sensible rules to prevent banks from getting into trouble again.
The intervention of the Chinese government when the country's stock market lost more than one-third of its value in mid-June did not surprise many people, but the timing and manner of the action has disappointed some.
The International Monetary Fund has gradually found its voice in the years since its participation in the Greek bail-out of 2010. Now it must go further.
China's rise to the economic ascent will not be without its hiccups, as the country must negotiate the transition from an investment- to a consumption-driven economic model and put its local government expenditures into check.
The Eurasian Economic Union is an ambitious project at a difficult time.
Countries in central and eastern Europe are being split in terms of their economic outlook, with Russia in deep recession but other countries benefiting from the low oil price.
Regional payments systems will help bolster Africa's developing financial infrastructure.
The smooth transition of power in Nigeria bodes well for better governance across the continent.
The banking industry is asking regulators to pause to assess the impact of all reforms undertaken in the post-crisis environment. And not before time.
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