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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 9, 2024

Ukraine
Will Ukraine Survive?

What Ukraine and its Western backers have accomplished in the wake of Russia’s February 2022 invasion is extraordinary. But with congressional Republicans blocking further US military aid, even as Ru…

The Ukrainian flag flutters amid buildings destroyed in Russia’s bombardment of the Ukrainian town of Borodianka.

January 29, 2024

India
The Battle for Global South Leadership

Both China and India aspire for the role, but it is not clear if nations that belong to the group see either of them as a benign leader or their champion

Indian Prime Minister Narendra Modi and China's President Xi Jinping attend the BRICS summit meeting in Johannesburg, South Africa, July 27, 2018.

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.

December 19, 2023

Democracy
What a Democratic Russia Would Mean for the United States

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…

December 13, 2023

Climate Change
Did the COP28 Summit Give a Boost to Renewable Energy Plans?

Leaders at the UN climate meeting in Dubai signaled a crucial pivot away from fossil fuel use, but significant hurdles remain for a speedy transition to emission-free energy.

An employee connects solar cells at a manufacturing plant in Oragadam, in the south Indian state of Tamil Nadu. Currently, Coal powers 70 percent of India’s electricity generation.

December 13, 2023

Trade
Visualizing 2024: Trends to Watch

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

December 6, 2023

United States
COP28 Can Deliver Progress on Climate Change, but Will It?

Committed global action at every level of government, the economy, and society is needed to tackle such a complex, multifaceted challenge, and a growing awareness that time is running out should help…

Kerry

December 1, 2023

Climate Change
Climate, Conflict, and COP28: The Burden on Unstable Regions

In Dubai, leaders should focus their attention on policy solutions for vulnerable regions where climate change is amplifying the consequences of armed conflict and compounding failures of governance…

A vehicle with Somali National Army soldiers passes a group of goat carcasses lie on ground formerly used for pasture by local herders on October 17,2022 near Doolow in the Gedo region of South West Somalia.

December 1, 2023

Supply Chains
It’s Not Deglobalization, It’s Regionalization

Decoupling and derisking, deglobalization, slowbalization, and localization. Journalists, columnists, and more than a few authors are touting the end of an era of hyperglobalization characterized by …

The methanol-fueled container vessel Laura Maersk arrives for an official naming ceremony in Copenhagen, Denmark, September 13, 2023.