The conventional wisdom is that the overwhelming priority of President Barack Obama will be the economy. The financial meltdown and unmistakable signs of emerging recession dominated the presidential campaign, and foreign and security issues, including Iraq (which might have played to John McCain’s strengths), were virtually eliminated from the campaign agenda in the final weeks. The economy will almost certainly remain the primary concern of American voters and politicians as the Administration feels its way into office. Still, in the era of globalization, the economy is less seen as a purely domestic issue, and the very distinction once made between domestic and foreign is increasingly meaningless. At least since 9/11, security has also been understood as something that straddles the domestic-foreign divide. Moreover, foreign policy issues have a habit of imposing themselves on new American presidents whatever their instinctive preference might be. Consequently, it is probably safe to expect that Obama will devote considerable time and attention to US foreign relations.