New developments in studies of compact X-ray binaries

Several recent developments, both observational and theoretical, on the study of X-ray binaries and the compact objects they contain are discussed. The recent discovery of the first binary periods for the globular cluster X-ray sources has stimulated a new model for their origin. As a variant of the 'standard' tidal capture origin model, this predicts an enhanced number of neutron stars in globular clusters. Long term timing studies of X-ray binaries may be consistent with many of these systems, primarily X-ray burst sources, being in fact hierarchical triple systems. Finally, the radio studies of Cyg X-3 and other X-ray binaries suggest that nonthermal processes are as important, energetically, as accretion processes in these systems.