The 1944 Bretton Woods conference ensured a leading role for Washington in the global financial system but also contributed to present-day problems that will be difficult to fix, says CFR’s Benn Stei…

CFR’s Benn Steil says the dollar’s continuing decline could result in higher prices for major imports like energy and, in a worst-case scenario, might lead to higher inflation and interest rates.

Analyst Edwin Truman says the IMF is gaining power but its influence will depend on its assertiveness with countries like the United States and China, as well as the pace of its own reforms.

Despite turbulence in financial markets, Japan’s multiple disasters will likely not have a major global economic impact, and reconstruction will provide a boost to the Japanese economy in the long te…

Iraq is the most dangerous conflict for journalists since the Vietnam War. More than seventy reporters and media assistants have been killed since March 2003, according to Reporters Sans Frontiers, s…