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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…

January 29, 2024

India
The Battle for Global South Leadership

Both China and India aspire for the role, but it is not clear if nations that belong to the group see either of them as a benign leader or their champion

Indian Prime Minister Narendra Modi and China's President Xi Jinping attend the BRICS summit meeting in Johannesburg, South Africa, July 27, 2018.

December 6, 2023

United States
COP28 Can Deliver Progress on Climate Change, but Will It?

Committed global action at every level of government, the economy, and society is needed to tackle such a complex, multifaceted challenge, and a growing awareness that time is running out should help…

Kerry

December 14, 2023

United States
The Humbling of Henry Kissinger

The truth is that his tenure as secretary of state was often rocky, and as full of setbacks as acclaim.

Kissinger

September 8, 2023

G20 (Group of Twenty)
Leaders at the G20 Summit Will Struggle to Reach Consensus

Despite lingering divisions over Russia’s invasion of Ukraine, the summit still serves a valuable purpose, and could play a potentially useful role for the United States and India, this year’s host.

A guard in military fatigues stands next to an embroidered G20 hoarding.

May 10, 2022

Globalization
The Dangerous New Anti-Globalization Consensus

Soaring inflation is just one reason for Washington to keep global disintegration in check.

Demonstrators march during a protest for more state support, against inflation and the lack of jobs, in Buenos Aires, Argentina April 13, 2022. The sign reads "Inflation is pushing wages down by up to 20%" and "Food prices drive inflation."

November 8, 2023

China
Can a Summit Ease U.S.-China Tensions?

On the sidelines of the Asia-Pacific Economic Cooperation summit, a rare in-person meeting between U.S. President Joe Biden and Chinese President Xi Jinping will provide an opportunity to put a range…

U.S. President Joe Biden shakes hands with Chinese President Xi Jinping at the G20 summit in Bali, Indonesia, in 2022.

December 13, 2023

Trade
South America Can Still Save Its Trading Bloc

Stalemate over a trade deal with the European Union has left Mercosur on life support. Its revival depends on spurring greater intraregional trade.

Brazil’s President Luiz Inácio Lula da Silva attends the 63rd Summit of Heads of State of Mercosur and Associated States, at the Museum of Tomorrow in Rio de Janeiro, Brazil, December 7, 2023.

November 20, 2023

India
The Future of the IMEC Hinges on a Stable West Asia

This multi-state project could establish India, instead of China, as the Asian authority on trade. However, Delhi’s track record on economic corridors is mixed.

Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, walks with Indian Prime Minister Narendra Modi during his official visit to Abu Dhabi on July 15, 2023.