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February 7, 2020

Asia
CFR Mini Mac Index Suggests ‘Currency Manipulation’ Charges Trumped Up

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?

November 5, 2019

Global
Central Bank Currency Swaps Tracker

Introduction Since the financial crisis of 2007, central banks around the world have entered into a multitude of bilateral currency swap agreements with one another. These agreements allow a centr…

About CFR

Annual Report

The 2019 Annual Report from the Council on Foreign Relations provides a review of the year's meetings, outreach, publications, and events. It also includes highlights from the Corporate Program, Council of Councils, CFR Campus, and Independent Task Force Program.

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…

June 18, 2019

Economics
World Economic Update

The World Economic Update highlights the quarter’s most important and emerging trends. Discussions cover changes in the global marketplace with special emphasis on current economic events and their i…

Play Economic Update

June 12, 2019

Women and Women's Rights
Women Revolutionizing Blockchain: Cryptocurrencies for Change

Will cryptocurrencies radically alter the world's financial institutions? If so, will women help redesign them and will their needs as economic actors be taken into account? Amber Baldet, cofounder a…

Podcast A man stands near an advertisement of a cryptocurrency exchange in Tokyo, Japan.

May 21, 2019

U.S. Congress
A Conversation with Senator Chris Van Hollen: Can a Polarized Congress Check President Trump?

Senator Chris Van Hollen discusses the successes and failures of bipartisan efforts in Congress to check President Trump on crucial foreign policy issues, including Russia, North Korea, China, and Tu…

Play U.S. Senator Chris Van Hollen on Capitol Hill.

May 7, 2019

Military Operations
Human Progress and the American Military: A Conversation with Mac Thornberry

Congressman Mac Thornberry discusses his views on how American military strength has built and supported the liberal international order, and why continued global engagement is integral to the contin…

Play Human Progress and the American Military: A Conversation with Mac Thornberry

March 28, 2019

Security Alliances
The Illiberal Turn: Shifting Geopolitical Alignments

Charles A. Kupchan, Barry R. Posen, Kori Schake, and Daniel W. Drezner discuss the illiberal turn and shifting geopolitical alignments as part of CFR's lunch event at the 2019 International Studies Association Annual Convention.

Podcast The Illiberal Turn: Shifting Geopolitical Alignments

September 14, 2018

Financial Markets
The Dangerous Myth We Still Believe About the Lehman Brothers Bust

The new consensus about the cause of the 2008 financial crisis is seductive — and misleading. Sebastian Mallaby presents an alternative opinion.

A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City.