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February 14, 2024

South Korea
The United States–South Korea Alliance: Why It May Fail and Why It Must Not

Summary The U.S.-South Korea alliance has been the cornerstone of bilateral cooperation and the U.S. security presence in the Indo-Pacific region for over seven decades and continues to serve as a…

Teaching Notes Image for Scott Snyder

January 26, 2024

United States
Campaign Roundup: Is NATO on the Ballot in 2024?

Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: The 2024 election has potentially significant implications for the North Atlantic Treaty Organizati…

NATO flags as viewed hanging in a line.

December 18, 2023

Latin America
Mercosur: South America’s Fractious Trade Bloc

Three decades after its founding, Latin America’s largest trade bloc continues to deal with internal divisions, including over a stalled trade deal with the European Union. New leadership in Argentina and Brazil could shake things up.

A truck driver waits to unload his cargo of cereal grain at a rail terminal in Brazil.

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.

October 20, 2023

Monetary Policy
What Is the U.S. Federal Reserve?

Over the past decade, the Fed kept interest rates low while it deployed trillions of dollars in stimulus and expanded its regulatory oversight. Now, the central bank is back in the spotlight for its …

A stone bald eagle perches on the Federal Reserve building in Washington, DC.

October 9, 2023

Israeli-Palestinian Conflict
The Conflict in the Middle East

CFR President Michael Froman leads a town hall discussion with CFR Fellows and members on the current crisis in the Middle East.

Play Missles clashing on October 8, 2023

February 21, 2023

International Law
Congress Should Close the ‘Crimes Against Humanity’ Loophole

The last Congress delivered a big win for atrocity accountability by passing the Justice for Victims of War Crimes Act, which President Joe Biden signed into law in January of this year. The law clos…