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July 20, 2011

Nonproliferation, Arms Control, and Disarmament
The Proliferation Security Initiative

Overview The ongoing nuclear crises in Iran and the Democratic People's Republic of Korea and the threat of terrorist groups using weapons of mass destruction demonstrate the nuclear nonproliferat…

The Proliferation Security Initiative header

July 13, 2011

Nonproliferation, Arms Control, and Disarmament
A Nuclear Security Fund

Nuclear terrorism could cause widespread death and destruction and potentially devastate the global economy. However, not all nations are convinced that acting to prevent nuclear terrorism should be …

A Nuclear Security Fund header

April 15, 2011

Nonproliferation, Arms Control, and Disarmament
Global Nuclear Security: Progress and Pitfalls

A summit hosted by the Obama administration one year ago has spurred momentum on global nuclear security measures. But the United States must lead efforts to redouble commitments on preventing the pr…

October 27, 2010

Iran
Iran’s Nuclear Program beyond Bushehr

Iran’s fueling of the Bushehr reactor is a reminder of ongoing concerns about the country’s nuclear intentions. Negotiations with Iran on a broad set of issues, though unlikely, might be the best pat…

August 7, 2019

United States
Election 2020: Kirsten Gillibrand, Democratic Presidential Candidate

It has been a while since Americans have elected successive presidents from the same state. Not since November 2, 1880 in fact.* That’s when Republican James A. Garfield of Ohio won the right to succ…

Kirsten Gillibrand

March 8, 2019

United States
The U.S. Trade Deficit: How Much Does It Matter?

President Trump has made reducing the U.S. trade deficit a priority, blaming trade deals like NAFTA, but economists disagree over how policymakers should respond.

Chinese steel factory

August 24, 2016

Europe and Eurasia
Italy’s (Not So) Big Bad Bank Bailout

Italy’s recovery from the crisis lags even the rest of laggard Europe. Its economy remains 8 percent smaller than in 2007; among EU members, only Greece and Cyprus have done worse. Top of the lis…

Italy’s (Not So) Big Bad Bank Bailout

August 11, 2016

Europe and Eurasia
Portugal Gaining on Italy in the Banking ‘Doom Loop’

Italian banks have taken a pounding of late from the ECB, the markets, and the media.  They currently hold a whopping €360 billion in nonperforming loans (18 percent of their portfolio), the most …

Portugal Gaining on Italy in the Banking ‘Doom Loop’

June 3, 2016

Monetary Policy
Is the Fed Losing Credibility? A Response to Kocherlakota.

Former Minneapolis Fed president Narayana Kocherlakota says that the Fed has a credibility problem.  Investors, he argues, have lost faith that the Fed will hit its 2 percent inflation goal even i…

Is the Fed Losing Credibility? A Response to Kocherlakota.

March 3, 2016

Europe and Eurasia
CoCo Nuts Have Been Hammered, but the Market Is Doing Just Fine

Anxiety over whether Deutsche Bank would suspend interest payments on its contingent convertible bonds, otherwise known as CoCos, fueled a February selloff in the $250 billion market – as well as …

CoCo Nuts Have Been Hammered, but the Market Is Doing Just Fine