Benn Steil and Emma Smith’s op-ed explains why the ECB should worry Emerging Markets almost as much as the Fed does. A big rise in speculative euro borrowing makes them vulnerable to euro appreciation, which could be dramatic if Draghi disappoints in March.
Joshua Kurlantzick looks at current U.S. policy toward China and argues that not only does it alienate allies, but takes U.S. diplomats, money and arms away from places that truly matter, and that in some places America would do best to let China win.
Last week the Defense Department announced a couple of significant appointments: Gen. Joseph Votel, head of Special Operations Command, or SOCOM, would become head of United States Central Command, in charge of all military operations in the Middle East. Lt. Gen. Raymond “Tony” Thomas, head of the Joint Special Operations Command (composed of the Army's Delta Force, Navy SEALs and other “Tier 1” forces) would gain an extra star and replace Votel as overall head of special operations.
Given the complex politics of the India–Pakistan relationship, the United States does not play a role in their bilateral talks, but Washington can certainly take steps to help prevent spoilers from once again disrupting a dialogue process that deserves every chance to succeed.
Anyone watching this meltdown unfold has every reason to think of worse-case scenarios, as it will only deepen the Middle East’s widening sectarian divide, intensify the region’s multiple conflicts, and set back efforts to defeat the Islamic State and end the bloodshed in Syria.
The implementation phase of major multinational agreements reached in 2015, from the Trans-Pacific Partnership trade deal to the Iran nuclear accord, will likely be more trying than the negotiation process, writes CFR President Richard N. Haass.
U.S. government officials and politicians stated numerous puzzling, inaccurate, hypocritical, and revealing claims throughout 2015. In his annual article, Micah Zenko lists the top twenty quotes of last year.
Micah Zenko highlights the findings of the Center for Preventive Action’s 2016 Preventive Priorities Survey, which identifies plausible sources of conflict or instability and ranks them based on their likelihood of occurring in the coming calendar year and their potential impact on U.S. interests.
Among Syrian refugees in Turkey, marriage is sometimes seen as the best option to keep daughters fed, alive and safe, by parents overwhelmed by life’s perils and its costs — but 15-year-old Asma has other plans.
I sat in the resort town of Izmir, Turkey, in a clean and dimly lit living room filled with eight children sporting sweet smiles and bare feet. They played and joked like children anywhere, except they were undernourished and underdressed for the biting winter chill that was pushing me to zip up my lined winter parka.
The issue of women in combat per se was no longer a question," said Secretary of DefenseAshton Carter on Thursday as he declared that all jobs in the United States military would at last be open to all Americans.
India now matters to U.S. interests in virtually every dimension. This Independent Task Force report assesses the current situation in India and the U.S.-India relationship, and suggests a new model for partnership with a rising India.
Rates of heart disease, cancer, diabetes, and other noncommunicable diseases (NCDs) in low- and middle-income countries are increasing faster than in wealthier countries. The report outlines a plan for collective action on this growing epidemic.
Learn more about CFR’s mission and its work over the past year in the 2015 Annual Report. The Annual Report spotlights new initiatives, high-profile events, and authoritative scholarship from CFR experts, and includes a message from CFR President Richard N. Haass. Read and download »
Now Available: Foreign Policy Begins at Home
The biggest threat to America's security and prosperity comes not from abroad but from within, writes CFR President Richard N. Haass in his provocative new book. More