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August 9, 2023

Latin America
A Ticking Clock for Latin America’s Nearshoring Opportunity

The window is still open for the region to benefit from the supply chain reshuffle—but not for much longer.

Panama Canal employees work in Panama City, Panama.

December 19, 2023

Democracy
What a Democratic Russia Would Mean for the United States

When the Soviet Union collapsed more than thirty years ago, American leaders hoped that Russia would embark on a transition to free-market democracy. Shared democratic values, the thinking went, woul…

March 20, 2023

Democracy
The Long Shadow of the Iraq War: Lessons and Legacies Twenty Years Later

On March 20, 2003, I found myself bobbing offshore along Iraq’s tiny coastline in a raging sandstorm, as a reporter covering the U.S. Navy SEALs and Polish special forces’ operations in the U.S.-led …

A man looks at a mural of former Iraq President Saddam Hussein inside his damaged former palace in Mosul, Iraq, February 19, 2023.

November 26, 2018

United States
CFR 2018: The Year in Events

In 2018, CFR once again hosted high-level discussions of global affairs, from U.S. election security to the Iran-Saudi Arabia rivalry to the artificial intelligence race.

trudeau

August 16, 2023

United States
Does Fitch’s Downgrade of U.S. Debt Really Matter?

The ratings agency’s decision will have no consequences for the U.S. dollar’s global role, but it highlights the country’s darkening fiscal outlook and governance challenges.

A woman walks past a currency exchange office in Moscow.

January 11, 2024

U.S. Foreign Policy Program
What to Do About Coups

Nothing may seem more obvious to supporters of democracy than the need to oppose, punish, and deter coups. But defining a coup, let alone reacting sensibly to one, is difficult for many democratic go…

A group of men approach and bang with their hands a military tank in a downtown street at night.

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.