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April 11, 2024

Israel
U.S. Aid to Israel in Four Charts

Israel has long been the leading recipient of U.S. foreign aid, including military support. That aid has come under heightened scrutiny amid Israel’s monthslong war to eliminate Hamas.

U.S. and Israeli army officers talk in front a Patriot missile defense system.

December 3, 2019

Saudi Arabia
Mohammed bin Salman Is Having a Fire Sale of His Political Power

Saudi Arabia’s crown prince will take money from investors in the national oil company—but he’ll be giving up far more than he thinks.

Saudi Crown Prince Mohammed bin Salman attends a session of the Shura Council in Riyadh, Saudi Arabia November 20, 2019.

April 1, 2024

United States
In the Age of AI, Personal Data Security Is National Security

The United States’ commodified data market is creating increasing national security threats that federal authorities are currently incapable of meeting; the problem will only increase as AI advances…

WUHU, CHINA - AUGUST 11: Chery Automobile Co. vehicles wait for shipment at a port on August 11, 2023 in Wuhu, Anhui Province of China.

April 15, 2024

RealEcon
Weighing the Pros and Cons of Global Trade Leadership

Under Biden and Trump, the U.S. has broken from its long-standing free trade policy. CFR trade experts assess whether the rules-based trading system is worth saving.

A logo is seen at the World Trade Organization (WTO) headquarters before a news conference in Geneva, Switzerland, October 5, 2022.

April 1, 2024

China
On Fentanyl, Biden Should Look to Work With China

The fentanyl epidemic is a major election issue. The U.S. could leverage trade policy with China to crack down on its export. 

Members of the Sinaloa Cartel prepare capsules with methamphetamine in a safe house in Culiacan, Mexico, April 4, 2022.

April 1, 2024

RealEcon
Policymaking Is All About Trade-Offs

In crafting a new international economic policy that works for Americans and advances U.S. interests, policymakers will have to weigh multiple trade-offs.

San Diego, California, USA - October 8, 2015: British Airways Boeing 777 flying over crowded freeway to land at Lindberg Field San Diego International Airport.

January 22, 2024

Trade
The Curse of Nostalgia: Industrial Policy in the United States

A critical look at the past and present of industrial policy shows that its recent popularity is not only misguided, but is likely to have negative economic and geopolitical consequences for the Unit…

President Joe Biden signs the Inflation Reduction Act in the State Dining Room of the White House in Washington on August 16, 2022.

February 9, 2024

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…

October 25, 2023

Turkey
Turkey, the United States, and the Israel-Hamas War

President Erdogan’s recent troubles with the United States have prevented Turkey from playing a potentially constructive role in the early phases of the Israel-Hamas war.

Turkish President Recep Tayyip Erdogan speaks at a lectern. Two Turkish flags are seen behind him.