The prelude to the G-8 summit in Saint Petersburg provides an opportunity to stand back and assess where America's foreign policy stands today and how it will meet emerging challenges from across the globe. From the rise of China to the continuing stalemate over Iran's and North Korea's nuclear programs, and from the new "authoritarianism" of Putin-led Russia to the continuing crisis in post-Saddam Iraq, Washington faces a host of issues that will severely challenge its capacity to act as the leader of the world's major democratic powers. At this event, AEI scholars and four panels of experts will assess the current state of U.S. foreign policy and look to the year ahead.