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March 20, 2018

United States
In Memoriam: Peter G. Peterson

CFR’s Chairman Emeritus Peter G. Peterson passed away on March 20 at age 91.

November 20, 2018

United States
The Fed Is Tightening More Than It Realizes

Before the 2008 collapse of Lehman Brothers, the Fed’s balance sheet stood at $925 billion—mostly U.S. Treasury securities. After 59 months of asset purchases to push down longer-term interest ra…

The Fed Is Tightening More Than It Realizes

November 19, 2018

International Organizations
The World Bank Group’s Role in Global Development

Since its founding in 1944, the World Bank has evolved from a lender focused on European reconstruction to the preeminent international institution for economic development and poverty reduction.

Villagers line up for cooking oil donated by local businessmen in Myanmar.

November 19, 2018

China
China’s Naturally Triangular Trade… And What China’s Bilateral Trade Data is Telling us Right Now

The bilateral trade data is useful, even if Trump doesn’t always interpret it correctly…

China’s Naturally Triangular Trade… And What China’s Bilateral Trade Data is Telling us Right Now

November 14, 2018

Venezuela
Looking for an Off Ramp for Venezuela

Mexico's Andres Lopez Obrador may be able to play a decisive role in bringing this agonizing chapter of Venezuelan history to an end.

A prorally against U.S President Donald Trump in Caracas, Venezuela August 14, 2017

November 10, 2018

United States
Happy 243rd Birthday to the United States Marine Corps!

The Marine Corps turns 243 years-old today. On November 10, 1775, the Continental Congress adopted a resolution to create a Marine force composed of two battalions. Since then, the Marines have been …

USMC birthday

November 9, 2018

Oil and Petroleum Products
Emerging Market Contagion Could Hit the Oil Industry

This is a guest post by Benjamin Silliman, research associate for Energy Security and Climate Change at the Council on Foreign Relations.  When the Trump administration announced temporary waivers…

Turkish Lira and Dollar banknotes.

November 2, 2018

United States
Stephen Kotkin’s “Stalin: Waiting for Hitler, 1929–1941” Wins 2018 CFR Arthur Ross Book Award

November 2, 2018—Professor Stephen Kotkin has won the seventeenth annual Council on Foreign Relations (CFR) Arthur Ross Book Award for Stalin: Waiting for Hitler, 1929–1941 (Random House), the second…

October 26, 2018

Mozambique
Disputed Elections Reignite Old Problems in Mozambique

In Mozambique, ongoing negotiations between FRELIMO and RENAMO, which had resumed in 2016 following some armed conflict, have been suspended; the sticking point between the two movements appears to be the disarmament of RENAMO and the recent elections earlier this month, whose results RENAMO disputes. 

Mozambique-President-Filipe-Nyusi-Election-Frelimo-Renamo

October 26, 2018

Europe
Renewable Energy, Russian Natural Gas and the Lesson of January 2006

The problem with the “energy weapon” is that it is notorious for backfiring. That fact couldn’t have rung truer than this week when it was reported that Germany, a major natural gas importer in Europ…

The LNG tanker "Clean Ocean" is pictured during the first U.S. delivery of liquefied natural gas to LNG terminal in Swinoujscie, Poland June 8, 2017.