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March 25, 2020

Brazil
Brazil-EU Cyber Cooperation: Swinging Bridges on the Road to Stability in Cyberspace

The February 20 Brazil-EU Cyber Dialogue signaled the most recent step taken by Brasília and Brussels to collaborate on advancing responsible state behavior in cyberspace. While there have sometimes …

France's President Emmanuel Macron, Spain’s Prime Minister Pedro Sanchez, Germany’s Chancellor Angela Merkel, European Council President Donald Tusk, Brazil's President Jair Bolsonaro, and Argentina's President Mauricio Macri during a news conference.

March 25, 2020

Egypt
Sisi and Erdogan Are Accomplices of the Coronavirus

By killing the Middle East’s sense of community, the region’s dictators have helped the pandemic on its death march.

A worker in a hazmat suit sprays disinfectant in Turkey's Grand Bazaar. Turkish flags hang across the image foreground.

March 19, 2020

Oil and Petroleum Products
The Oil Price Shock: Who’s Most Vulnerable in the Coronavirus Slump?

A long dip in oil prices could put several oil-producing countries under great strain, but some are better positioned than others to weather the downturn from the coronavirus.

March 22, 2020

International Economic Policy
How Asia’s Life Insurers Could “Shelter-In-Place”

Asia’s life insurers likely hold somewhere between $1.5 trillion and $2 trillion of foreign currency denominated bonds as part of their portfolio—mostly dollar denominated, but some in euros. Japanes…

Japan, Taiwan, korea Lifers' Foreign Security Holdings (USD Billions)

March 19, 2020

Oil and Petroleum Products
Oil Price War: Is U.S. Shale The First To Blink?

As the oil price war continues, markets are hanging on every word coming from Washington, Moscow and Riyadh, amid signs that diplomacy could be afoot. A statement by the Kremlin’s presidential spokes…

Sarah Mandel (R) of Chadds Ford, Pennsylvania, and representing the organization Food and Water Watch, holds a banner as she takes part in a small anti-fracking protest in front of the White House in Washington November 3, 2015. Thanks to the fracking boom that has helped boost U.S. oil production 80 percent since 2008 and slashed the country's crude imports, the U.S. Strategic Petroleum Reserve is brimming. The world's largest supply of government-owned emergency oil holds 695 million barrels, the equivale

March 20, 2020

South Korea
Military Considerations for OPCON Transfer on the Korean Peninsula

Military considerations, not political aspirations, should guide the transfer. 

U.S. Defense Secretary Mark Esper and South Korea's National Defense Minister Jeong Kyeong-doo participate in a news conference at the Pentagon in Washington, DC, on February 24, 2020.

March 18, 2020

News Release
Resources on Coronavirus (COVID-19) From the Council on Foreign Relations

The Council on Foreign Relations (CFR) and CFR’s Think Global Health website offer resources on the coronavirus pandemic, including background and expert analysis. Find all of CFR’s coronavirus-re…

March 18, 2020

Coronavirus
How Is the Fed Dealing With the Coronavirus Crisis?

The U.S. Federal Reserve is using creative means to counter the economic shock caused by the global coronavirus pandemic, but those measures must be matched by aggressive fiscal action.

March 17, 2020

International Economic Policy
Addressing the Global Dollar Shortage: More Swap Lines? A New Fed Repo Facility for Central Banks? More IMF Lending?

There is a global scramble for dollars going on. It needs to be addressed through creative policies.

FILE PHOTO: One hundred dollar notes are seen in this photo illustration at a bank in Seoul January 9, 2013.

March 17, 2020

Cybersecurity
Message to Cybercriminals: Hospitals Are Off-Limits

Late Sunday evening, the U.S. Department of Health and Human Services was hit with a cyberattack. This is not the first time that cybercriminals have targeted the U.S. health-care system during the c…

Medics transport a patient through heavy rain into an ambulance at Life Care Center of Kirkland.