Council of Councils
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International efforts, such as the Paris Agreement, aim to reduce greenhouse gas emissions. But experts say countries aren’t doing enough to limit dangerous global warming.
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May 11, 2023
Economics
Cross-border Rx: Pharmaceutical Manufacturers and U.S. International Tax Policy
I want to thank Chairman Wyden, Ranking Member Crapo, and the distinguished members of this committee for the opportunity to testify today. Tax avoidance by American pharmaceutical compan…
October 20, 2023
Monetary Policy
What Is the U.S. Federal Reserve?
Over the past decade, the Fed kept interest rates low while it deployed trillions of dollars in stimulus and expanded its regulatory oversight. Now, the central bank is back in the spotlight for its …
February 16, 2024
United States
Election 2024: Donald Trump Says He Will Not Protect “Delinquent” NATO Members
Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: The forty-fifth president says he will encourage Russia to attack NATO countries who don’t spend en…
November 10, 2022
G20 (Group of Twenty)
U.S. Midterm Results, G20 Summit, Prospects for Russia-Ukraine Diplomacy, and More
The United States takes stock of the midterm election results; geopolitical tensions loom over the Group of Twenty summit in Bali, Indonesia; and conversation swirls around possible diplomacy between…
February 20, 2024
United States
Why U.S. Imports From Mexico Surpassed Those From China
New U.S. Census Bureau data shows the United States importing more goods from Mexico than from China. Will the shift change the global trading landscape?
February 22, 2024
Economics
The IMF Needs to Focus on Setting Good Targets for External Debt Sustainability
The IMF has two frameworks for assessing debt sustainability. The market access country framework is more technically advanced, but it isn't delivering reasonable targets for debt restructuring cases…
February 2, 2023
Economics
Three Steps to Strengthen the U.S. Treasury's Foreign Exchange Report
The analytics used in the U.S. Treasury's Foreign Exchange Report should be updated to better capture the significant state flows that no longer appear as part of many country's disclosed foreign exc…
November 30, 2023
Climate Change
COP28 in Dubai, Russia Crackdown on Journalists, China Illness Spike, and More
The United Arab Emirates, a major oil and gas producer, hosts the 2023 UN Climate Change Conference (COP28), where hundreds of world leaders meet to discuss limiting global warming and helping states…
