The G20 finance ministers’ agreement may have helped avert a global currency war. However, by potentially shifting the focus toward reducing external imbalance, there is a risk that policy adjustment…

The G20 meetings in Toronto will be marked by competing agendas on global growth and strengthening global financial supervision. This Backgrounder looks at the chief policy concerns of each.

CFR’s George Gavrilis urges U.S. officials to build a partnership with Iran in Afghanistan to help stabilize Kabul, and possibly plant the seeds for broader rapprochement.

International efforts have helped reduce the number of Afghan provinces growing opium poppies. But CFR’s George Gavrilis says the drug trade continues to flourish, requiring broader counternarcotics …