Council of Councils
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
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April 14, 2022
Financial Markets
What in the World Is a Global Minimum Tax?
For years, large corporations have exploited international tax laws to pay less taxes. But last year, 137 countries backed a potential solution: a 15 percent corporate tax applied regardless of a com…
December 14, 2017
United States
Foreign Affairs November/December Issue Launch: America's Forgotten Wars
Daniel Kurtz-Phelan discusses the November/December 2017 issue of Foreign Affairs magazine with contributors Emma Sky and Lisa Monaco. The latest issue puts U.S. interventions under serious scrutiny …
July 24, 2016
Europe
Italian Banks, Pre-Stress Test
From afar, it seems like the wheels of European policy may be moving towards some kind of near-term fix for either Italy’s banks—or, more likely, for the specific problems of Monte dei Paschi di Sien…
August 22, 2016
China
$3.2 Trillion (Actually a Bit More) Isn’t Enough? The Fund on China’s Reserves
China is running a persistent current account surplus, one that could be larger than officially reported (the huge tourism deficit looks a bit suspicious). If China paid off all its external debt,…
