Grade: B+

As president-elect, Barack Obama moved to reset the entire U.S. foreign policy. A year later, he is still committed to winding down U.S. military involvement in Iraq; defeating al Qaeda while stabilizing Afghanistan, and helping Pakistan stabilize itself; helping a Palestinian state emerge, in peace with Israel; engaging Iran in an effort to prevent it from going nuclear; negotiating away North Korea’s nukes; jointly reducing strategic arsenals with Russia and building a case for ratifying the comprehensive test ban treaty; and addressing climate change. His biggest foreign-policy concern in the first year at the White House, of course, was mounting a concerted global effort to deal with the economic crisis.

He managed to restore America’s moral standing in the world through practical steps: closing Guantánamo, listening to other countries’ concerns, making U.S. goals clear, and boldly embracing a broad vision of the future. At the same time, Obama has been stepping carefully, seeking to combine lofty principles and pragmatic interests. Not only did he provide sustained leadership, but, almost miraculously, he managed to keep his high-powered and ambitious foreign policy team cooperating among themselves, instead of fighting with one another. Yet, he has not achieved much regarding his central international goals. And, he was visibly embarrassed by his winning of the Nobel Peace Prize, probably granted more to stimulate his behavior than to recognize his good deeds.

Achievements will be exceedingly difficult to score. Afghanistan, the war he has adopted, does not look good. Neither does Pakistan. Reaching an acceptable agreement with Iran -- making it a certifiably non-nuclear weapons state -- will stretch almost to the limit the human capacity for diplomacy. In the short term, one thing looks surprisingly bright: relations with Russia, a non-priority on inauguration day, which is about to yield a new strategic arms reduction treaty and promises closer cooperation on high-priority issues, such as Afghanistan and Iran. To many observers, this may not amount to much. Yet, slightly over a year ago, the United States and Russia were on a collision course. Turning that relationship around has not been a bad thing.