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International efforts, such as the Paris Agreement, aim to reduce greenhouse gas emissions. But experts say countries aren’t doing enough to limit dangerous global warming.
Economics
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Cyber Week in Review: September 6, 2024Brazilian Supreme Court bans X; Judge blocks Texas social media law; Internet Archive loses copyright case; U.S. announces effort to counter Russian disinformation; Cyberattack on Iran impacted banking sector.
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Why Biden Wants to Block the Nippon-U.S. Steel DealU.S. President Joe Biden is reportedly planning to block the Japanese takeover of U.S. Steel, raising questions about the administration’s economic and foreign policy priorities.
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C. Peter McColough Series on International Economics With John C. WilliamsJohn C. Williams of the Federal Reserve Bank of New York discusses monetary policy and the economic outlook for the year ahead.For those attending virtually, log-in information and instructions on how to participate during the question and answer portion will be provided the evening before the event to those who register. Please note the audio, video, and transcript of this meeting will be posted on the CFR website.The C. Peter McColough Series on International Economics brings the world’s foremost economic policymakers and scholars to address members on current topics in international economics and U.S. monetary policy. This meeting series is presented by RealEcon: Reimagining American Economic Leadership, a CFR initiative of the Maurice R. Greenberg Center for Geoeconomic Studies.
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Distinguished Fellow and Director of the Greenberg Center for Geoeconomic Studies
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The IMF’s Latest External Sector Report Misses the MarkThe IMF should take a mulligan on the 2024 External Sector Report. The imbalance in China’s goods trade is expanding, not receding. It is too big for the IMF to ignore.
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Tracking China’s Control of Overseas PortsThis interactive map tracks China’s growing maritime influence through investments in strategic overseas ports. Users can plot the location of each port and view satellite images alongside detailed information on the share of Chinese ownership, the total amount of Chinese investment, and the port’s suitability for use by the Chinese military.
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Kamala Harris Sees the Road to the Top, But Will Voters Put Her There?Who runs the world? Sorry Beyoncé, it’s not girls. But with Harris topping the ticket, that may change.
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Cyber Week in Review: August 22, 2024Pakistan experiences internet outages; U.S. company fined over deepfakes; TSMC breaks ground on EU factory; U.S. investigates Americans working with Russia; researcher finds major vulnerability in key cards.
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Shadi Kourosh: Medical Community Efforts to Identify and Combat Human TraffickingA Conversation with Dr. Arianne Shadi Kourosh, MD, MPH, Director of Community Health at the Department of Dermatology, Massachusetts General Hospital and Associate Professor, Harvard Medical School.
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What Is the U.S. Federal Reserve?Over the past decade, the Fed kept interest rates low while it deployed trillions of dollars in stimulus and expanded its regulatory oversight. Now, the central bank is back in the spotlight for its battle against inflation.
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China’s Imaginary Trade DataChina has a new way of calculating its good surplus in its formal balance of payments data. It is a deeply misleading. It also explains the apparent fall in the current account account surplus.
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What to Do About the Liquidity Difficulties in Low-Income CountriesThe IMF, while recognizing the liquidity challenges sure to be faced by several indebted countries in the coming years, needs to offer a solution that both widens its scope and deepens its analysis.
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Big Macs Show Dollar Hugely Overvalued, But “Mini Macs” Beg to Differ.Whereas the Economist magazine’s Big Mac currency index says the dollar is hugely overvalued, CFR’s “Mini Mac” index finds it slightly undervalued.
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Women This Week: PM Sheikh Hasina Flees Bangladesh Amid ProtestsWelcome to “Women Around the World: This Week,” a series that highlights noteworthy news related to women and U.S. foreign policy. This week’s post covers August 3 to August 9.
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Colombia Isn’t Ready for a New Venezuelan Migration Wave, Plus Bukele’s Mano Dura Threats Won’t Fix the EconomyPetro leaves Colombia ill-equipped to handle a new Venezuelan migration wave; Bukele’s mano dura tactics got results on crime, but won’t fix the economy.
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The Climate Reform Agenda: How China Enables and Undermines U.S. Leadership at the World BankThe U.S. relies on multilateral institutions like the World Bank to support its foreign policy goals, but the need to compromise with other shareholders can undermine success.