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March 10, 2009

Monetary Policy
Monetary Nationalism Will Worsen Economic Crisis, Warns New Book by Benn Steil and Manuel Hinds

As a global economic crisis unfolds, a new book by CFR director of international economics Benn Steil and former Salvadoran finance minister Manuel Hinds warns that the incompatibility of globalizati…

May 30, 2017

U.S. Foreign Policy
Manuel Noriega, 1934-2017

Manuel Noriega died over the weekend, and therein lie many tales. The ancient Latin bromide de mortuis nihil nisi bonum must be stretched to discuss Noriega, who until his capture and jailing by t…

October 13, 2006

Financial Markets
Playing Monopoly with the Devil: Developing World Needs to Adopt the Dollar as its Currency

Replacing domestic currencies with an international one is the best way for developing countries to create a financially stable environment and integrate into the ever-globalizing world economy, argu…

September 24, 2010

Colombia
A Conversation with Juan Manuel Santos Calderón

President of the Republic of Colombia, Juan Manuel Santos Calderón, discusses Colombia's economic advances, as well as new security measures to combat militants and drug warlords.

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September 24, 2010

Colombia
A Conversation with Juan Manuel Santos Calderón

DONNA HRINAK: Well, good morning, everyone, and welcome -- today's Council on Foreign Relations meeting. I'm Donna Hrinak, and before I introduce our distinguished guest, there are a few administrat…

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October 25, 2021

Latin America
Mexico’s Energy Grid Risks Fading to Black

President Lopez Obrador’s plan to renationalize electricity generation will make it more expensive, dirtier and less reliable and jeopardize the inclusive economic growth he says he wants. 

Worker standing before Mexico's state-run electric utility offices

October 10, 2006

Development
Playing Monopoly with the Devil

Read an excerpt of Playing Monopoly with the Devil. Why should a developing country surrender its power to create money by adopting an international currency as its own? This comprehensive book ex…

April 24, 2013

Sub-Saharan Africa
South Africa’s Trevor Manuel Uses the “Apartheid Card” to Force the Issue of NDP Implementation

This is a guest post by John Causey, a private equity consultant based in Cape Town, South Africa. He specializes in sub-Saharan Africa transactions, with investors mainly from the EU and U.S. The r…

South Africa's Finance Minister Trevor Manuel chats with ruling African National Congress President Jacob Zuma in Parliament in Cape Town during the swearing in of members and the formal election of the country's president, May 6, 2009.

March 31, 2009

Financial Markets
Money, Markets, and Sovereignty

A fascinating intellectual history of monetary nationalism from the ancient world to the present exploring why, in its modern incarnation, it represents the single greatest threat to globalization.

May 6, 2021

Energy and Environment
U.S.-Canada Pipeline Dispute, Harris and AMLO Talk Migration, and More

A major fuel pipeline from Canada to the United States could be shut down, U.S. Vice President Kamala Harris and Mexican President Andres Manuel Lopez Obrador (AMLO) meet virtually to discuss migrati…

Podcast A 42-inch green pipe is moved into position under an existing 26-inch pipe October 3, 2000 in Howell, Michigan, 60 miles north of Detroit. The pipeline will carry natural gas from Canada to the northeastern U.S. The demand for cleaner natural gas, estimated to be growing at 1.8% a year, is requiring more energy infrastructure to be built. At present, the U.S. has 270,000 miles of interstate gas pipelines in place.