As part of the publication series of the Shorenstein Center on the Press, Politics, and Public Policy (located within the Kennedy School of Government at Harvard University), this 34-page paper examines the potential influence of global television news on the formulation and implementation of foreign policy. Written by Eytan Gilboa, a professor at Bar-llan University, the paper finds that, while there is no evidence to support the "CNN effect" (which states that global television determines policy), extensive and omnipresent news coverage does present certain ethical dilemmas for politicians, officials, and journalists. Near the conclusion of his paper, Professor Gilboa concludes that "Successful coping with the challenges of global communication and efficient utilization of new and innovative media technologies require two sets of reforms in policymaking: first, in the training of leaders, high level policymakers, and diplomats; second in the planning and implementation of policies." Persons interested in the dynamic between expanding global media networks and the formation of policy responses and their subsequent implementation will find this paper quite helpful.