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November 15, 2018

United Kingdom
Britain Has Reached a New Worst-Case Scenario on Brexit

A second Brexit vote remains the best option in a dizzyingly difficult situation.

A pro-Brexit campaigner holds a placard as a tourist bus passes by in Westminster London.

November 15, 2018

United States
Presidents and War Powers

PDF Version. A review of Michael Beschloss, “Presidents of War” (Crown Books, 2018).  *** The U.S. Constitution vests the president with “executive power” and provides that “The President sh…

Lectern with presidential seal

November 13, 2018

Robots and Artificial Intelligence
Pairing AI and Nukes Will Lead to Our Autonomous Doomsday

As we commemorate the 100th anniversary of the end of World War I, which transformed how wars are fought and won, the world again stands on the precipice of a dramatic revolution in warfare, this one…

AI

November 10, 2018

United States
Happy 243rd Birthday to the United States Marine Corps!

The Marine Corps turns 243 years-old today. On November 10, 1775, the Continental Congress adopted a resolution to create a Marine force composed of two battalions. Since then, the Marines have been …

USMC birthday

November 9, 2018

China
Foreign Capital Has Been Propping Up China’s Currency. Here’s What Happens When It Leaves.

“I think China’s manipulating their currency, absolutely,” President Trump said back in August. Yet the People’s Bank of China (PBoC) was, and has been, intervening to keep the RMB up, and not to…

Foreign Capital Has Been Propping Up China’s Currency. Here’s What Happens When It Leaves.

April 4, 2018

China
Trump and Xi Agree: Short-Term Gain for Long-Term Pain

Perhaps President Trump will succeed in reducing the bilateral trade deficit with China simply by reducing bilateral trade.

Soybeans being sorted

November 2, 2018

United States
Stephen Kotkin’s “Stalin: Waiting for Hitler, 1929–1941” Wins 2018 CFR Arthur Ross Book Award

November 2, 2018—Professor Stephen Kotkin has won the seventeenth annual Council on Foreign Relations (CFR) Arthur Ross Book Award for Stalin: Waiting for Hitler, 1929–1941 (Random House), the second…

November 1, 2018

Human Rights
Abusive Military Partners: What Can the U.S. Do About It?

Abuses committed by African militaries in the fight against Boko Haram have raised important questions about U.S. military involvement in the conflict, particularly the debate about U.S. military assistance and the role of the nearly 1,800 U.S. personnel across West and Central Africa.

A Nigerien security agent participates in a simulated raid on a militant camp during the U.S. sponsored Flintlock exercises in Ouallam, Niger, April 18, 2018.

October 30, 2018

Economics
The Fed Should End Forward Guidance

In the Wall Street Journal earlier this month, we examined the change over time in the market reaction to Fed “forward guidance” on future interest rates. During the crisis, with the Fed’s policy…

The Fed Should End Forward Guidance

October 18, 2018

Saudi Arabia
Can the Oil Threat Spare Saudi Arabia From America’s Wrath?

Threatening a price hike might work in the short term, but it would come with serious costs to the kingdom’s reputation as a moderating influence on oil markets.

Saudi Arabia's Energy Minister Khalid al-Falih