The 1944 Bretton Woods conference ensured a leading role for Washington in the global financial system but also contributed to present-day problems that will be difficult to fix, says CFR’s Benn Stei…

CFR’s Peter Kenen discusses the current financial crisis and what will come of the upcoming international financial summit.

Despite early signs of a global economic recovery, CFR Steven Dunaway says it’s too early to determine how lasting the rebound might be. "The world economy is not out of the woods yet," he says.

Political newcomer Emmanuel Macron won a decisive victory in France's presidential elections, but the new president will face major challenges to forming a governing coalition.

CFR President Richard N. Haass, who worked on previous presidential transitions, says that given the current world situation, he believes the first priority for President-elect Barack Obama lies in "…