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June 14, 2006

Financial Markets
The shifting balance of oil power

The Wall Street Journal has noticed that the state is no longer in retreat from the commanding heights of the global economy.  The basic pattern of capital flows is now set by central banks, not priv…

July 10, 2014

Monetary Policy
Yellen vs. Bullard on Wages and Inflation: Who Is Right?

Wage growth is “not a threat to inflation,” Fed Chair Janet Yellen said on June 18.  “[With] our 2 percent inflation objective, we could see wages growing at a more rapid rate” before having to wo…

Yellen vs. Bullard on Wages and Inflation: Who Is Right?

March 19, 2020

Oil and Petroleum Products
Oil Price War: Is U.S. Shale The First To Blink?

As the oil price war continues, markets are hanging on every word coming from Washington, Moscow and Riyadh, amid signs that diplomacy could be afoot. A statement by the Kremlin’s presidential spokes…

Sarah Mandel (R) of Chadds Ford, Pennsylvania, and representing the organization Food and Water Watch, holds a banner as she takes part in a small anti-fracking protest in front of the White House in Washington November 3, 2015. Thanks to the fracking boom that has helped boost U.S. oil production 80 percent since 2008 and slashed the country's crude imports, the U.S. Strategic Petroleum Reserve is brimming. The world's largest supply of government-owned emergency oil holds 695 million barrels, the equivale

November 2, 2012

Defense and Security
What Was That Drone Doing in Benghazi?

Adam Entous, Siobhan Gorman, and Margaret Coker, “CIA Takes Heat for Role in Libya,” Wall Street Journal, November 2, 2012. At 5:41 p.m. Eastern time, Mrs. Clinton called Mr. Petraeus. She wanted to…

Benghazi attack 11-2-2012

November 7, 2023

Central Africa
CFR Book Launch Series: "The Lumumba Plot" by Stuart Reid

Foreign Affairs Executive Editor Stuart Reid discusses his new book, The Lumumba Plot, which follows the dramatic history of the Congo in 1960 on the edge of its independence from Belgium, the ensuin…

Play Patrice Lumumba, Prime Minister of the Democratic Republic of Congo from June to September of 1960.

November 29, 2004

Et tu, Indonesia

First, Russia decides it wants to hold more Euros and fewer dollars. And now Indonesia?"Indonesia’s Aslim Tadjuddin, deputy governor for monetary policy at the central bank, said on Nov. 26 that the…