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May 25, 2018

United States
memorial day 2018 Remembering Those Memorial Day Honors

The United States has fought twelve major wars and a countless number of smaller skirmishes in its history. Memorial Day is how we honor the soldiers, sailors, airmen, airwomen, and marines who did n…

May 24, 2018

Turkey
Turkey Could Use a Few More Reserves, and a Somewhat Less Creative Banking System Turkey Could Use a Few More Reserves, and a Somewhat Less Creative Banking System

Turkey’s currency initially rallied after the central bank raised interest rates yesterday. Perhaps a bit more orthodoxy is all it will take to restore a modicum of stability to Turkey’s markets. The…

May 21, 2018

United States
Meeting the Challenge of Slow-Motion Crises

The United States faces three slow-motion crises—the future of work, climate change, and the federal debt—that we risk not tackling until it is too late.

December 23, 2009

Monetary Policy
2009.12.21.GoldSupplyandDemand Gold Supply and Demand

Central banks have been consistent suppliers to the gold market, at least up until the second quarter of 2009, when they became a source of demand. India bought a substantial 200 tons, illustrated …

October 8, 2008

United States
God-and-Gold.jpg God and Gold

Teaching Notes on God and Gold: Britain, America, and the Making of the Modern World by CFR Senior Fellow Walter Russell Mead.

May 21, 2015

Wars and Conflict
Military personnel walk past women in Tabit village in North Darfur, Sudan. The joint peacekeeping mission in the region known as UNAMID visited Tabit in November 2014 to investigate media reports of an alleged mass rape of 200 women and girls (Courtesy Mohamed Nureldin Abdallah/Reuters). Holding Sudan to the Gold Standard

Although it may have slipped from headlines, the conflict in Sudan’s western region of Darfur has not disappeared. Indeed, the region has seen almost unabated violence for over a decade, notably spik…

March 13, 2018

Trade
Dispute Resolution in Trade Agreements How Are Trade Disputes Resolved?

With President Donald Trump launching NAFTA negotiations and criticizing the WTO, international trade dispute forums are under increasing scrutiny.

March 13, 2018

Authoritarianism
Cars pass by a poster of Egypt's President Abdel Fattah al-Sisi for the upcoming presidential election, in Cairo, Egypt, February 19, 2018. The writing on the poster reads: "Long live Egypt". REUTERS/Mohamed Abd El Ghany Strongmen Are Weaker Than They Look

Authoritarians are on the rise around the world, but history shows they’re mostly helpless.

February 24, 2018

United States
Understanding the U.S. Investment Income Balance (wonky) Understanding the U.S. Investment Income Balance (wonky)

The U.S. currently runs a surplus on investment income of about 1 percent of GDP, as the income on U.S. equity investment abroad (inflated by tax arbitrage) exceeds the interest the U.S. pays on its …