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August 19, 2019

Iran
Iran Owns the Persian Gulf Now

The Trump administration’s nonresponse to Iranian aggression has sent an unmistakable message.

A U.S. Navy soldier onboard Mark VI Patrol Boat stands guard as an oil tanker makes its way towards Bahrain port, during an exercise of U.S./UK Mine Countermeasures (MCMEX) taking place in Arabian Sea, Bahrain September 11, 2018.

February 13, 2012

Trade
Morning Brief: Obama Sends Budget to Congress

U.S. President Barack Obama is sending a new budget to Congress this morning, one that looks to capture some $4 trillion in deficit reduction over the next ten years through a combination of both spe…

February 1, 2019

India
The Interim Indian Budget: Jobs Are the Bigger Issue

The Indian government released an “interim” budget today, a document designed to provide continuity for the next three months or so before the general election takes place and a newly constituted gov…

Ram Pratap, who lost his job as a powerloom operator earlier this year, poses for a picture inside a weaving factory where he used to work, in Panipat in the northern state of Haryana, India

August 15, 2019

United States
Election 2020: Elizabeth Warren, Democratic Presidential Candidate

As politicians, Ronald Reagan and Elizabeth Warren are opposites. He wanted to unleash the power of the market; she wants to curtail its abuses. But for all of their policy differences, the two share…

Elizabeth Warren

August 15, 2019

Political Movements
Egypt’s Muslim Brotherhood

The Muslim Brotherhood, once Egypt’s largest opposition movement and a standard-bearer for Islamist groups around the world, has been once again driven underground as Abdel Fatah al-Sisi has consolid…

Supporters of ousted President Mohammed Morsi protest in Cairo.

August 14, 2019

Eurozone
The Role of the European Central Bank

As Europe has weathered a succession of economic crises, the European Central Bank has responded with an aggressive set of monetary policies that have redefined the bank’s original mandate.

Workers repair the euro sign in front of ECB headquarters

August 14, 2019

China
U.S. Dependence on Pharmaceutical Products from China

Last month, the U.S.-China Economic and Security Review Commission held a hearing on the United States’ growing reliance on China's pharmaceutical products. The topic reminded me of a spirited discus…

A technician works at a product line of the Inactivated H1N1 Influenza Vaccine in Sinovac Biotech Ltd., a Chinese vaccine making company, in Beijing, September 3, 2009.

August 14, 2019

Afghanistan
Can U.S.-Taliban Peace Talks End the War in Afghanistan?

U.S. officials say that they are close to reaching a deal with the Taliban, but peace in Afghanistan would still not be guaranteed.

August 13, 2019

China
On Designating China as a Currency Manipulator…

China really did manipulate its currency before the global crisis.  It really doesn't do so now.   But how China's manages its currency still matters for the global economy.

On Designating China as a Currency Manipulator…

August 13, 2019

Nigeria
Making Military Reform and Civilian Oversight a Reality in Nigeria

Nigeria returned to democracy in 1999, after two long periods of military rule—1966–79 and 1983–98—during which the military wielded executive, legislative, and judicial power. This has left a historical legacy of a powerful military used to doing whatever it wants with no questions asked. On return to democracy, it also left the country with a political class that is wary of military power, and unwilling and unable to impose democratic civilian oversight of the military. 

Three Nigerian soldiers stand in front of a thatch hut and a tank in full fear.