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December 7, 2018

Financial Markets
Let the Sun Shine In on the Art Business

Subjective pricing and a tradition of anonymity make it attractive to money launderers.

The Cobbler by Jean Discart at Sotheby's auction house in London on April 20.

November 29, 2018

Cybersecurity
The U.S. Leans on Private Firms to Expose Foreign Hackers

When the Democratic National Committee realized they had been hacked in April 2016, they turned to experts from a private company: the cybersecurity firm CrowdStrike. Within a day, the company had id…

The U.S. White House

October 25, 2018

Iran
Iran Is a Threat to the Banking System

At many banks, Nov. 5 will be a scary day. That’s when broad U.S. sanctions are set to be re-imposed on Iran, thereby placing new pressure on its struggling economy and increasing the regime’s desper…

Keep it clean

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 19, 2018

International Organizations
The World Bank Group’s Role in Global Development

Since its founding in 1944, the World Bank has evolved from a lender focused on European reconstruction to the preeminent international institution for economic development and poverty reduction.

Villagers line up for cooking oil donated by local businessmen in Myanmar.

November 15, 2018

United States
Presidents and War Powers

PDF Version. A review of Michael Beschloss, “Presidents of War” (Crown Books, 2018).  *** The U.S. Constitution vests the president with “executive power” and provides that “The President sh…

Lectern with presidential seal

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.

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