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March 11, 2019

United States
Benn Steil, Scholar of the Marshall Plan, Wins American History Book Prize

By Jennifer Schuessler New York Times [https://www.nytimes.com/2019/03/11/books/scholar-of-the-marshall-plan-wins-american-history-book-prize.html] March 11, 2019 Benn Steil, the author of “…

Benn Steil, Scholar of the Marshall Plan, Wins American History Book Prize

October 29, 2019

China
China’s “Massive” Trade Offer Leaves U.S. Farmers $7 Billion Worse Off

President Trump has been talking up the “massive” trade deal he expects to sign with President Xi in November. China, he said, will soon be “buying much more farm products than anybody thought po…

China’s “Massive” Trade Offer Leaves U.S. Farmers $7 Billion Worse Off

October 10, 2019

Economics
Housing Market Points to Recession By Election Day

Looking back at the years preceding the 2008 financial crisis, a critical warning sign was the surging gap between the growth in home prices and household income—as can be seen in the main graphi…

Housing Market Points to Recession By Election Day

November 1, 2019

International Organizations
The IMF: The World’s Controversial Financial Firefighter

The International Monetary Fund, both criticized and lauded for its efforts to promote financial stability, continues to find itself at the forefront of global economic crisis management.

IMF Governors' meeting

August 6, 2019

United States
“Mini Mac” Shows China’s Currency Shifting Into Undervaluation

The “law of one price” holds that identical goods should trade for the same price in an efficient market. But how well does it actually hold internationally? The Economist magazine’s Big Mac Index us…

August 12, 2019

China
Trump’s Trade War Puts “Belt and Road First”

When he began slapping tariffs on Chinese exports last summer, President Trump said his actions would bring down America’s trade deficit. China, however, has retaliated by pressuring its firms to…

Trump’s Trade War Puts “Belt and Road First”

October 3, 2019

Eurozone
The Role of the European Central Bank

As Europe has weathered a succession of economic crises, the European Central Bank has responded with an aggressive set of monetary policies that have redefined the bank’s original mandate.

Workers repair the euro sign in front of ECB headquarters

March 8, 2018

United States
Benn Steil on the Marshall Plan

CFR's Benn Steil joins James M. Lindsay to discuss his new book, The Marshall Plan: Dawn of the Cold War.

Podcast Consignment of sugar under Marshall Aid Plan

June 19, 2019

China
Trump’s Trade War Is Pushing China Even Deeper Into Debt

China state television has branded the U.S.-China trade war “no big deal” for the country. The IMF disagrees, opining that it may cost China 1.6 percentage points in GDP growth this year. Who is …

Trump’s Trade War Is Pushing China Even Deeper Into Debt

May 31, 2019

United States
130 Percent of Trump’s China-Tariff Revenue Is Now Going to Angry Farmers

“I am very happy with over $100 Billion a year in Tariffs filling U.S. coffers,” tweeted President Trump this month. This money is “great for U.S., not good for China!” The President’s account…

130 Percent of Trump’s China-Tariff Revenue Is Now Going to Angry Farmers