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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…

February 6, 2024

Agricultural Policy
Foreign Asset Ownership in the United States

Zongyuan Zoe Liu, the Maurice R. Greenberg fellow for China studies at CFR, discusses China’s sovereign wealth funds, investments in the United States, and considerations for policy responses to fore…

Play sold sign

February 5, 2024

China
China’s New Currency Playbook

China’s pivot to a new strategy of indirect intervention through its large state banks requires new approaches to policing currency policies by both the U.S. Treasury and IMF.

Settlement by banks in China vs. Yuan-Dollar Exchange Rate

February 1, 2024

Middle East Program
Virtual Media Briefing: the Drone Strike on a U.S. Base in Jordan

Following the drone strike on a U.S. base in Jordan, panelists discuss the possibility of a U.S. military response as well as the implications of conflict spreading in the region.  BRANNEN: Thanks…

Play President Biden briefed after drone attack in Jordan

January 29, 2024

Technology and Innovation
Arthur Ross Book Award: "Chip War: The Fight for the World’s Most Critical Technology"

Gideon Rose celebrates the winners of this year’s Arthur Ross Book Award: Chris Miller, Susan L. Shirk, and Daniel Treisman. The program includes an award ceremony with each winner, and a discussi…

Play Hand wearing gloves holding a yellow semiconductor chip

January 29, 2024

Sub-Saharan Africa
The Cult of Dirigisme

Despite repeated failure, faith in closely controlled economies among Africa’s political elites remains strong.

Pictured is an aerial view of a coal-fired power station in South Africa.

January 25, 2024

China
Fickle Friends: Sino-Israeli Ties Buckle Amid War With Hamas

China’s response to the war in Gaza has jeopardized its once fruitful relationship with Israel, a risk China is willing to take as it exploits the war to bolster its own standing and undermine the Un…

Chinese President Xi Jinping and Israeli Prime Minister Benjamin Netanyahu shake hands ahead of their talks at Diaoyutai State Guesthouse in Beijing, China March 21, 2017.

January 24, 2024

Israel
A Conversation With U.S. Special Envoy to Monitor and Combat Antisemitism Deborah Lipstadt

Historian and now U.S. Ambassador Deborah Lipstadt discusses the increase in antisemitic incidents and rhetoric following the October 7, 2023 attack on Israel, contemporary sources of antisemitism, a…

Play Deborah Lipstadt dressed in black at the 11th Rome Film Festival red carpet.

January 23, 2024

United States
CFR Fellows' Book Launch Series: The World That Wasn't: Henry Wallace and the Fate of the American Century by Benn Steil

Henry Wallace is the most important, and certainly the most fascinating, almost-president in American history. As FDR’s third-term vice president, and a hero to many progressives, he lost his place o…

Play Henry Wallace standing in front of a plane waving his hat in the air as he arrives at London Airport.

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.