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Navigating the AI Moment

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The Pharma Choke Point: How to Reduce U.S. Dependence on China

The U.S. pharmaceutical supply chain faces a threat equal to the “rare earths” challenge already posed by China. This report, convened by CFR’s Global Health Program and the China Strategy Initiative, provides an archetype model that policymakers and researchers can use to anticipate and mitigate a crisis.

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The Spillover

Every geopolitical event — a war, an election, a new tariff, a technological breakthrough — sends ripples through the global economy. On The Spillover, Sebastian Mallaby and Rebecca Patterson trace those ripples, examining how international developments shape markets, policy, finance, and the future of business.

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Around the World

CFR analyses and explainers that address global issues and challenges.

Israel’s Political Crossroads

CFR Senior Fellows Elliott Abrams and Steven A. Cook break down the factions and coalitions shaping Israel’s upcoming general elections, and weigh Avigdor Lieberman’s chances of becoming the next prime minister. They also tackle the Haredi draft crisis, the momentum behind West Bank annexation, and what’s next for the Palestinian Authority.

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<p>Belarusian President Alexander Lukashenko and Russian President Vladimir Putin attend the Victory Day military parade in Moscow on May 9, 2025.</p>
<p>Belarusian President Alexander Lukashenko and Russian President Vladimir Putin attend the Victory Day military parade in Moscow on May 9, 2025.</p>

Introduction Since the breakup of the Soviet Union, Russia has made a concerted effort to keep Belarus in its sphere of influence. Belarus’s political, economic, and military autonomy has ebbed and flowed over time, depending on geopolitical circumstances, Russia’s needs, and Belarusian President Alexander Lukashenko’s political adroitness. Nevertheless, the present moment poses unique challenges for […]

Steam rolls off a slab of steel as it rolls down the line at the Novolipetsk Steel PAO steel mill in Farrell, Pennsylvania,
Steam rolls off a slab of steel as it rolls down the line at the Novolipetsk Steel PAO steel mill in Farrell, Pennsylvania,

CFR’s U.S. Government Deal Tracker shows how the government is experimenting with new tools and financing structures to advance a range of strategic sectors, including critical minerals, energy, global logistics, manufacturing, telecommunications, and other technologies.

By Jonathan E. Hillman

FinancingEnergyTechnologies
FinancingEnergyTechnologies

A gap in private funding for companies and projects inhibits energy innovation in the United States. This “missing middle” slows or blocks technologies that could help the energy system become more secure, affordable, reliable, and sustainable from advancing through the demonstration and scale-up stages. Recent events have made the missing middle wider.

An Iranian woman holding a poster depicting Iran's Supreme Leader Ayatollah Ali Khamenei walks under a large flag during the forty-seventh anniversary of the Islamic Revolution in Tehran, Iran on February 11, 2026. Majid Asgaripour/West Asia News Agency via Reuters
An Iranian woman holding a poster depicting Iran's Supreme Leader Ayatollah Ali Khamenei walks under a large flag during the forty-seventh anniversary of the Islamic Revolution in Tehran, Iran on February 11, 2026. Majid Asgaripour/West Asia News Agency via Reuters

Suzanne Maloney, vice president and director of the Brookings Institution’s Foreign Policy Program, recommends that the United States reconsider its assumptions around eventual leadership change in Tehran, revive regime accountability efforts, prepare for opportunistic escalation by proxy groups, and ready itself for renewed nuclear diplomacy.

A woman holds a picture of a victim of forced disappearance during a 2025 ceremony in Colombia to honor loved ones who remain missing.
A woman holds a picture of a victim of forced disappearance during a 2025 ceremony in Colombia to honor loved ones who remain missing.

CFR International Affairs Fellow in National Security Roxanna Vigil argues that the United States should engage early with Colombia’s next administration to signal support for full implementation of the 2016 Peace Accords and provide targeted assistance.

<p>Export-bound vehicles wait to be loaded onto roll-on/roll-off ships at Lianyungang Port in China, on December 1, 2025. </p>
<p>Export-bound vehicles wait to be loaded onto roll-on/roll-off ships at Lianyungang Port in China, on December 1, 2025. </p>

The primary U.S. response to China’s first-mover advantages in emerging auto technologies has been protection. A smarter strategy would seek to compete by supporting producers and collaborating with allies, while managing security risks.