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February 8, 2024

Chile
Chile’s Inferno, NATO Ramps Up Security Exercises, Indonesia’s Presidential Election, and More

Chile works to recover from the devastating wildfire in its central Valparaíso region; the North Atlantic Treaty Organization (NATO) continues with its 2024 Steadfast Defender exercise, the largest s…

Podcast Firefighters fighting wildfires in Viña del Mar, Chile on February 3, 2024

February 5, 2024

China
China’s New Currency Playbook

China’s pivot to a new strategy of indirect intervention through its large state banks requires new approaches to policing currency policies by both the U.S. Treasury and IMF.

Settlement by banks in China vs. Yuan-Dollar Exchange Rate

February 1, 2024

Russia
Mobilizing Russia’s Immobilized Reserves

A quick note on the debate over the use of Russia’s frozen reserves.

Euro banknotes at a money exchange office.

January 26, 2024

United States
Campaign Roundup: Is NATO on the Ballot in 2024?

Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: The 2024 election has potentially significant implications for the North Atlantic Treaty Organizati…

NATO flags as viewed hanging in a line.

January 22, 2024

Economics
An SDR-Linked Bond Can Strengthen the Finances of the World Bank Group

SDR-denominated bonds have the potential to significantly strengthen the balance sheet of both the IBRD (The World Bank) and IDA, freeing up cash and helping both institutions deliver on their mandat…

An SDR-Linked Bond Can Strengthen the Finances of the World Bank Group

January 22, 2024

Trade
The Curse of Nostalgia: Industrial Policy in the United States

A critical look at the past and present of industrial policy shows that its recent popularity is not only misguided, but is likely to have negative economic and geopolitical consequences for the Unit…

President Joe Biden signs the Inflation Reduction Act in the State Dining Room of the White House in Washington on August 16, 2022.

December 14, 2023

Energy and Environment
New Ideas to Fund our Planet’s Future: Finance-Based Strategies for Curbing Climate Change

At COP28 in Dubai, negotiators once again focus on increasing climate finance as the world struggles to manage rising temperatures, historic natural disasters, and environmental depletion. Panelists …

Play Participants walk by banners as they attend day four of the UNFCCC COP28 Climate Conference at Expo City Dubai.

December 8, 2023

International Organizations
What Is the IMF?

The International Monetary Fund, both criticized and lauded for its efforts to promote financial stability, continues to find itself at the forefront of global economic crisis management.

Demonstrators hold red and yellow signs protesting the IMF in Buenos Aires, Argentina.

December 4, 2023

Budget, Debt, and Deficits
The U.S. National Debt Dilemma

With the U.S. national debt already exceeding $16 trillion, President Trump’s tax reform and budget deals with Congress have added to the country’s deficits. CFR explores the origins of the national debt, the risks it presents, and the outlook for change.

An exterior view of the U.S. Treasury building from below

December 1, 2023

United States
Ten Anniversaries to Note in 2024

As 2023 comes to a close, here are ten notable historical anniversaries to mark in 2024.

NATO