Benn Steil and Emma Smith show how China mirrors the U.S. “exorbitant privilege” from minting the world’s primary reserve currency. While the United States is deeply indebted to the rest of the world, it still earns far more abroad than it pays out. China, in contrast, has become the world’s largest creditor while paying foreigners far more than it receives. Steil and Smith argue that China is making itself vulnerable to financial crisis by massively subsidizing its geostrategic objectives.
The single-minded pursuit of the Muslim Brotherhood has become the guiding principle of Egypt’s foreign and domestic policies, writes CFR’s Steven A. Cook. These policies, however, are proving counterproductive and destabilizing to the lives of Egyptians as well as Gazans, Libyans, and Syrians.
The United States should consider the effects of its intervention in northern Syria on both Turkey and terrorist groups it seeks to destroy, and reconcile the contradictory aspects of its relationship with Turkey.
Prime Minister Netanyahu is visiting Washington this week. In The Weekly Standard, Elliott Abrams discusses how he and President Trump will handle Jerusalem, Iran, and the "peace process" when they meet.
During Barack Obama’s presidency, Republicans complained, with good reason, about the Potomac River-wide gap between the president’s words and his actions — in particular about his failure to enforce the “red line” over chemical weapons use in Syria. But under Donald Trump the gap has expanded to the size of the Grand Canyon — large enough to swallow his presidency and the country’s international reputation with it.
Though retired U.S. Army Colonel Derek Harvey, who oversees Middle Eastern affairs in the National Security Council, has mainstream ideas about combatting extremism, containing Iran, and stabilizing Iraq, his underlying ideas about how to achieve these goals are either confused, uninformed, or burdened with unhelpful ideology, writes CFR’s Steven A. Cook.
The battle over the Trump administration’s executive order on immigration raises weighty constitutional questions involving presidential power and the judiciary’s role in national security, explains expert Cristina Rodriguez.
Cyberspace is a largely ungoverned domain with a growing threat of disruptive acts. In the absence of a cyber regulatory regime, the United States must strengthen deterrence and bolster its resilience, writes CFR President Richard N. Haass.
In a special section of Global Policy edited by Miles Kahler, five authors examine the opportunities and risks presented by regional institutions across five issue areas: finance, trade, development lending, human rights, and peace operations.
The United States has long accepted refugees from around the world, but President Donald J. Trump’s executive order on immigration has sparked debate over the national security implications of the U.S. refugee program.
Learn more about CFR’s mission and its work over the past year in the 2016 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 »