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August 13, 2018

Russia
Did Russia Really Dump Its U.S. Debt? Did Russia Really Dump Its U.S. Debt?

“Russia dumped 84% of its American debt,” blared a July CNN headline. Russian central-bank head Elvira Nabiullina said the sales were just part of “diversifying the entire structure of currencies…

July 23, 2018

International Economic Policy
Dashboard 1 Is Trump Right About the Strong Dollar? Not According to Our Mini Mac Index.

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February 13, 2018

United States
The Marshall Plan by Benn Steil The Marshall Plan Holds Lessons for Present Tensions With Russia, Benn Steil Writes in New Book

February 13, 2018—The Marshall Plan—the costly and ambitious initiative to revive western Europe after World War II—marked the true beginning of the Cold War, argues Benn Steil. Bringing to bear new …

June 25, 2018

United States
Is the Fall in Foreign Treasury Holdings a Trump Dump? Is the Fall in Foreign Treasury Holdings a Trump Dump?

“In the age of Trump,” warned a Bloomberg op-ed last year, “America’s biggest foreign creditors are suddenly having second thoughts about financing the U.S. government.” Today, with Trump piling …

June 19, 2018

United States
Trump’s Tariffs Are Hurting U.S. Competitiveness Trump’s Tariffs Are Hurting U.S. Competitiveness

President Trump is seeking to reduce the U.S. trade deficit through tariffs, but logic and historical data show that his strategy will not help American jobs, growth or exports. Worse, loss of access to foreign parts amid a trade war will hurt American companies that depend on them to stay globally competitive.

June 13, 2018

Trade
Trump Tariffs Slam Canada, EU—Not China Trump Tariffs Slam Canada, EU—Not China

At the recent G-7 Summit meeting in Quebec, the first such summit ever to fail to produce a joint communiqué, President Trump served notice to America’s allies that his country had no shared interest…

May 7, 2018

Political History and Theory
Marshall Plan Teaching Notes The Marshall Plan

Teaching Notes for The Marshall Plan, written by CFR Senior Fellow Benn Steil

March 8, 2018

United States
Podcast Consignment of sugar under Marshall Aid Plan Benn Steil on the Marshall Plan

CFR's Benn Steil joins James M. Lindsay to discuss his new book, The Marshall Plan: Dawn of the Cold War.

May 7, 2018

Emerging Markets
Should We Fear a Tighten Tantrum? Should We Fear a Tighten Tantrum?

Back in May 2013, then-Fed Chair Ben Bernanke roiled emerging markets (EM) with the mere suggestion that the Fed might soon pare back its monthly asset purchases under so-called quantitative easi…

June 28, 2018

United States
summer reading 2018 What’s Worth Reading This Summer?

CFR.org editor Bob McMahon and I recorded our annual summer reading episode of CFR’s “The World Next Week” podcast. Carlos Lozada, the nonfiction book critic at the Washington Post, joined us for the…