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August 21, 2019

Elections and Voting
Kamala Harris

CFR invited the presidential candidates challenging President Trump in the 2020 election to articulate their positions on twelve critical foreign policy issues. Candidates’ answers are posted exactly…

Ethan Miller/Getty Images

October 9, 2013

Europe and Eurasia
Paul Krugman’s Baltic Bust—Part III

Geo-Graphics posts in July 2010 and 2012 showed that Paul Krugman’s devaluation-driven “Icelandic Miracle” was nothing of the sort – a figment of his having chosen the most favorable possible star…

Paul Krugman’s Baltic Bust—Part III

November 8, 2019

Election 2020
Foreign Policy Roundup: Climate Change, the Middle East, and Defense Policy

Each week, I look at what the presidential candidates are saying about foreign policy on the campaign trail. 

Elizabeth Warren speaks to a crowd in Raleigh.

February 11, 2019

United States
Election 2020: Kamala Harris, Democratic Presidential Candidate

Government prosecutors often have political ambitions. The list of prosecutors who became mayor (think Rudy Guiliani) or governor (think Chris Christie) is long. But the last president to have any ex…

Kamala 2020

October 25, 2019

Election 2020
Foreign Policy Roundup: Tim Ryan Bows Out, Warren on Israel, and Geoengineering

Each week, I look at what the presidential candidates are saying about foreign policy on the campaign trail. 

Senator Elizabeth Warren speaking in Hanover, New Hampshire, on October 24.

October 17, 2019

Defense and Security
Funding the Nuclear Triad to Deter Great Power Adversaries

Captain Brian L. Sittlow is a naval officer, specializing in submarines, and a military fellow at the Council on Foreign Relations (CFR). The opinions expressed in this article are solely those of th…

Following a strategic deterrence patrol, the Ohio-class ballistic-missile submarine USS Alaska returns to its homeport at Naval Submarine Base Kings Bay, Georgia, U.S. in this April 2, 2019 handout photo.

October 11, 2019

Election 2020
Foreign Policy Roundup: Syrian Kurds, the NBA, and LGBTQ Rights

Each week, I look at what the presidential candidates are saying about foreign policy on the campaign trail. 

People flee Turkish air strikes in Ras al Ain along the northern Syrian border.

October 9, 2019

Taiwan
$130+ Billion in Undisclosed Foreign Exchange Intervention by Taiwan's Central Bank

Based on the profits and losses disclosed by Taiwan’s central bank, it appears that its true FX exposures exceed its disclosed foreign exchange reserves by USD 130bn, and perhaps by as much as USD 20…

fig 19

October 24, 2019

Japan
A Puzzle in Japan’s Balance of Payments: What Explains Strong Foreign Demand for JGBs?

Japanese investors have an obvious incentive to search for yield abroad. But why has foreign demand for Japanese bonds almost matched Japanese demand for foreign bonds?

A Puzzle in Japan’s Balance of Payments: What Explains Strong Foreign Demand for JGBs?

September 18, 2019

United States
The United States Air Force Celebrates Its 72nd Birthday Today

The United States Air Force (USAF) turns 72 years-old today. On September 18, 1947, Chief Justice Fred Vinson swore in Stuart Symington as the first secretary of the air force, officially founding a …

U.S. Air Force