Courtesy Reuters
In a CFR interview, Senior Fellow Robert Kahn discusses the likelihood of the United States participating in the Asian Infrastructure Investment Bank (AIIB) and the political and economic implications of the Chinese-led bank for other multilateral financial institutions.
Courtesy Reuters
CFR's Benn Steil and Dinah Walker argue that China may have both economic and geopolitical reasons for offering Russia a helping hand with its financial challenges.
After three years of unusual stability, oil prices fell steeply in the second half of 2014, dropping from $115 a barrel in June to around $60 by December. With oil critical to national economies, international security and climate change, what does the apparent new world of oil mean?
Gary Cameron/Courtesy Reuters
CFR's Edward Alden argues that the recent rise in the dollar hurts U.S. competitiveness, increases protectionist sentiment in Congress, and makes it more difficult to move forward with the Trans-Pacific Partnership and other trade agreements.
CFR's Varun Sivaram argues that, while setting aspirational goals may prove to be a clever strategy to bootstrap a thriving renewables industry through foreign financing, India's solar strategy still has large holes.
The Fed is Ready to Raise Rates: Will Past be Prologue?
In the most recent issue of
International Finance, edited by CFR's Benn Steil, former U.S. Treasury official Richard Clarida analyzes the challenges the Fed will face as it brings an unprecedented era of zero interest rates to a close.
