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International efforts, such as the Paris Agreement, aim to reduce greenhouse gas emissions. But experts say countries aren’t doing enough to limit dangerous global warming.
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April 24, 2018
International Economic Policy
Asia's Central Banks and Sovereign Funds Are Back
East Asia (China, Japan, and the NIEs) ran a $600 billion current account surplus in 2017. "Official" (central bank and sovereign fund) outflows accounted for about half of that. Asia's foreign excha…
April 15, 2024
Trade
Weighing the Pros and Cons of Global Trade Leadership
Under Biden and Trump, the U.S. has broken from its long-standing free trade policy. CFR trade experts assess whether the rules-based trading system is worth saving.
December 3, 2015
Europe
European Central Bank Rate Move, a Turning Point for Europe
At the governing council’s meeting today, the European Central Bank (ECB) announced that it will cut benchmark deposit rate to -0.3 percent, extend its quantitative easing (QE) program to at least Ma…
February 23, 2024
Sanctions
Two Years of War in Ukraine: Are Sanctions Against Russia Making a Difference?
The United States and its allies have imposed broad economic penalties on Russia over its war in Ukraine. As the conflict continues, experts debate whether the sanctions are working.
November 28, 2011
Infrastructure
Central Banking in an Age of Improvisation
Experts discuss policy steps taken by central banks in the United States, Brazil, and Europe, and analyze the challenges ahead.
June 27, 2023
Israel
The Biden Administration Ends Support for Research in the West Bank
The Biden administration decision to bar U.S. support for Israeli research institutions in the West Bank achieves nothing for Palestinians or for U.S. policy goals.