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The 28 members of NATO, which includes 21 member states of the EU, adopted a new strategic concept and a plan to hand over responsibility for security in Afghanistan to local forces by the end of 2014. Anders Fogh Rasmussen, NATO's secretary-general, said that NATO would not abandon Afghanistan even after its forces have left.
NATO agreed with Russia to co-operate on missile defence, although it is unclear whether this includes actual Russian participation in alliance plans for a missile defence shield against Iran and other rogue states. Dmitry Medvedev, Russia's president, said that the specifics of his country's involvement in the scheme remained to be sorted out. The defence ministers of NATO and Russia are expected to decide on the next steps at a meeting next June.
Medvedev's meeting with NATO leaders in Lisbon was the first NATO-Russia Council since Russia's invasion of Georgia in August 2008.
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The European Union and the United States have the world's largest bilateral trade relationship, and the economic crisis has led to renewed calls for an ambitious free-trade deal between the two sides.
The US has the upper hand
Europe and the United States have their economic problems, but the latter is in a much better position.
And what a depressing film it makes
