David Rubenstein, founder of the private equity firm the Carlyle Group, sees more pain ahead for global markets. He says the "entire economic construct" of recent decades may have to undergo radical change before the present crisis subsides.
As the financial crisis spreads across the Atlantic, Europe's four largest economies are working to formulate a coordinated response. At the end of what promises to be a significant week for Europe, join French Finance Minister Christine Lagarde for a European perspective of the financial crisis and a discussion of possible policy options.
The UN special envoy on climate change for Papua New Guinea discusses the implications the financial crisis has for international efforts on climate change.
With financial firestorms erupting left and right in Europe, the global credit crisis takes a new dimension. Analysts say it might be time for coordinated interest rate cuts.
Economist Nouriel Roubini argues the $700 billion U.S. bailout bill will not alleviate frozen credit markets in the short term and encourages a series of steps to alleviate the current crisis.
U.S. financial woes have thrown global markets into turmoil, undermining Western European banks, sending oil prices plummeting, and bringing harrowing losses to some developing economy stock indices.
A financial crisis in the final stages of the U.S. presidential race, rather than sidelining foreign policy, could demonstrate how it intersects with U.S. domestic concerns.
A meeting with Jagdish Bhagwati, CFR senior fellow for international economics, and author of new book Termites In The Trading System: How Preferential Agreements Undermine Free Trade.
The U.S. Treasury's refusal to save Lehman Brothers suggests its willingness to assume risk to protect private institutions may be at an end. If so, what are the broader implications for global markets and the U.S. economy?
This GAO report analyzes sovereign wealth fund data that is made publicly available through SWFs and other international sources as well as the U.S. government.
Four CFR experts discuss the U.S. Treasury's takeover of mortgage lenders Fannie Mae and Freddie Mac, what the move means for financial markets, and what risks remain.
Brad Setser, fellow at the Center for Geoeconomic Studies at the Council on Foreign Relations, discusses the strategic consequences of U.S. indebtedness.
After a series of interest rate cuts, the U.S. Federal Reserve looks set to increase rates to battle inflation, with broad implications for the dollar and the finance sector.
The Council on Foreign Relations' David Rockefeller Studies Program—CFR's "think tank"—is home to more than seventy full-time, adjunct, and visiting scholars and practitioners (called "fellows"). Their expertise covers the world's major regions as well as the critical issues shaping today's global agenda. Download the printable CFR Experts Guide.
Special operations play a critical role in how the United States confronts irregular threats, but to have long-term strategic impact, the author argues, numerous shortfalls must be addressed.
The author analyzes the potentially serious consequences, both at home and abroad, of a lightly overseen drone program and makes recommendations for improving its governance.
Two experts argue that despite myriad development strategies, only one can succeed in alleviating poverty in India: the overall growth of the country's economy. More