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…

The war in Gaza has focused attention once again on the search for solutions to the Israeli-Palestinian conflict. The solution favored by the United States, the European Union, most of the world’s de…

What trends will shape world events in the year ahead? Five CFR experts weigh in.

After the 2013–14 Revolution of Dignity, which overthrew a deeply corrupt, Russian-backed regime, Ukraine declared its ambition to integrate into the Euro-Atlantic community of free-market democracie…

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…