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November 15, 2018

United Kingdom
Britain Has Reached a New Worst-Case Scenario on Brexit

A second Brexit vote remains the best option in a dizzyingly difficult situation.

A pro-Brexit campaigner holds a placard as a tourist bus passes by in Westminster London.

November 14, 2018

Financial Markets
Is There a Financial Time Bomb in Sight?

If an expert committee makes the wrong call on Thursday, there is a disquieting possibility that the cliff may be in sight.

A store closing sale sign is posted next to a Sears logo in New Hyde Park, New York.

October 9, 2018

United Kingdom
Brexit Isn’t the Only Shock Hanging Over Britain

While most attention focuses on the implications of Brexit, the Labour Party's Marxian hard leftism should cause us equal, if not more, concern.

Britain's Labour Party leader Jeremy Corbyn acknowledges the audience's applause after he delivered his keynote speech at the Labour Party Conference.

September 30, 2018

China
Trump is Rising to the China Challenge in the Worst Way Possible

China has 800 million Internet users and is overtaking the United States in areas such as drones, mobile payments, bike sharing and artificial intelligence. But Trump is responding to the China chall…

Chairman and CEO Wang Xing and executives of China's Meituan Dianping attend a news conference celebrating the company's IPO.

September 25, 2018

Monetary Policy
Good News! The Federal Reserve is Surviving the Trump Era.

Improbably, the Federal Reserve is surviving the Trump era with its integrity intact. Jerome H. Powell, the Fed chairman since February, is quietly emerging as a skilled Washington operator.

Federal Reserve Board Chairman Jerome Powell testifies before a Senate Banking Housing and Urban Affairs Committee hearing.

September 21, 2018

United States
Is Trumponomics Working? Not Really.

Trump’s trade policy is turning out to be worse than expected and the growth surge mostly reflects a temporary sugar high from last December’s tax cut. The caveat has to do with corporate investment…

U.S. President Donald Trump delivers remarks on his tax policy in Blue Ash, Ohio, U.S. February 5, 2018.

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.

August 15, 2018

Turkey
A Trade War Won't Fix Turkey

President Trump is loving his trade wars. He hits Iran with sanctions, and European companies as well as American ones obediently cut ties with the country. He goes toe-to-toe with China, and the Chi…

Turkish President Tayyip Erdogan attends a news conference in Ankara, Turkey.

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 20, 2018

Technology and Innovation
Gender Bias Inside the Digital Revolution: Digital Human Rights

During a recent CFR roundtable, Professor Safiya Noble spoke about digital human rights – an issue on which she is advising the United Nations. Dr. Noble explores the biases against women and people …

Young girl checks out an iPhone in November 2018.