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January 27, 2014

Fossil Fuels
Implications of Reduced Oil Imports for the U.S. Trade Deficit

Robert Lawrence shows that, absent other changes in the economy, benefits from declining oil imports for the long-term U.S. trade deficit have been overstated.

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May 28, 2003

Defense and Security
A New National Security Strategy in an Age of Terrorists, Tyrants, and Weapons of Mass Destruction

Overview Almost exactly a year after the September 11, 2001, terrorist attacks, President George W. Bush released to Congress and the American public his National Security Strategy, the most detai…

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July 1, 2002

Budget, Debt, and Deficits
Reshaping America's Military: Four Alternatives

Overview In the wake of the September 11 attacks and the ensuing war on terrorism, the United States began a massive buildup in its defense budget. There was little public debate, however, about t…

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October 13, 2021

Global
Annual Report 2021

This was an extraordinary year for the Council. Established in the wake of a global pandemic of influenza, CFR experienced its centennial year amid another—COVID-19. Although the celebrations this ye…

July 20, 2022

China
China’s Collapsing Global Image

China’s global image has deteriorated significantly in the past four years, alienating leading democracies and developing countries alike with aggressive foreign policy, economic coercion, and faltering soft power policies.