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August 28, 2018

United States
Scoop Jackson and John McCain

In the course of my career I've had the great privilege of working for Henry M. "Scoop" Jackson and knowing John McCain, two of the most consequential senators of the last seventy-five years. And the…

June 12, 2018

Palestinian Territories
Prince William (and the Foreign Office) in Jerusalem

I’ve written many times about the British royal family’s remarkable record of refusing to make an official visit to Israel while making scores of visits to Arab capitals. That will change in a matter…

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 1, 2018

International Organizations
The IMF: The World’s Controversial Financial Firefighter

The International Monetary Fund, both criticized and lauded for its efforts to promote financial stability, continues to find itself at the forefront of global economic crisis management.

IMF Director Christine Lagarde

October 15, 2018

Economics
New Interactive Reports on Women's Economic Empowerment

Closing the gender gap in the workforce could add a staggering $28 trillion to the global GDP—yet most countries still have laws that make it harder for women to work than men. Two new CFR interactiv…

A worker during the manufacturing process for a tablet computer at a factory in Egypt.

October 1, 2018

United States
How Does the U.S. Spend Its Foreign Aid?

With President Donald J. Trump advocating for deep cuts to U.S. foreign aid, debate has renewed over the role of foreign assistance funds in boosting growth, promoting democracy, and saving lives.

Foreign-Aid-BGR-Header-1160x630.jpg

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.

August 26, 2013

International Organizations
Jackson Hole: Future Worries

This year’s Jackson Hole Federal Reserve conference was a decidedly low-key affair given Ben Bernanke’s absence (and Janet Yellen’s successful effort to not make news). Nonetheless, there look to hav…

September 19, 2018

Equatorial Guinea
Equatorial Guinea's Teodorin Obiang Faces Trouble Abroad for Corruption, Again

Equatorial Guinea’s Teodoro Nguema Obiang Mangue (nicknamed Teodorin), vice president of Equatorial Guinea, son of his country’s president, and heir apparent to that office, made headlines this week. According to media reports, authorities in Brazil seized some $16 million in cash and high-end watches from his delegation, where he had reportedly traveled for medical treatment. Brazilian law limits the amount of cash visitors can bring into the country to $2,400. 

Equatorial-Guinea-Teodoro-Nguema-Obiang-Mangue-Corruption-Oil

September 18, 2018

United States
The United States Air Force Celebrates Its 71st Birthday Today

The United States Air Force (USAF) turns 71 years-old today. On September 18, 1947, Chief Justice Fred Vinson swore in Stuart Symington as the first secretary of the air force, officially founding a …

Air Force Birthday 2018