34 Items

In this June 24, 2019, file photo, President Donald Trump holds up a signed executive order to increase sanctions on Iran, in the Oval Office of the White House in Washington, with Treasury Secretary Steven Mnuchin, left, and Vice President Mike Pence.

AP Photo/Alex Brandon, File

Analysis & Opinions - Belfer Center for Science and International Affairs, Harvard Kennedy School

How Should the Next President Wield the U.S. Dollar?

| Sep. 21, 2020

From the development of the SWIFT network in the confrontation of terror financing, to the economic sanctioning of Russia in response to its aggressive actions in neighboring territory, understanding of the power brandished by American policymakers in global finance is critical to protecting national interests.

Workers wearing personal protective equipment builds splash guards during a mass manufacturing operation to supply New York City government with protection to distribute against COVID-19.

AP Photo/John Minchillo

Analysis & Opinions - Atlantic Council

What COVID-19 Means For the United States’ Economic and Financial Statecraft

| Mar. 30, 2020

It is already evident that coronavirus (COVID-19) has triggered a deeper recession than that of the 2008-2009 Global Financial Crisis. Much like the latter, monetary authorities at the US Federal Reserve have undertaken unprecedented actions to support liquidity in global markets. These steps have included support for domestic debt markets, including a recent expansion in the corporate bond market, as well as swap lines targeting the global dollar shortage. Beyond these moves, the broader policy response during and after the COVID-19 outbreak may drive longer-term changes in the global trading system.  

A pedestrian wearing a surgical mask and gloves walks past the New York Stock Exchange on Thursday, March 19, 2020, in New York.

AP Photo/Kevin Hagen

Analysis & Opinions - Belfer Center for Science and International Affairs, Harvard Kennedy School

What COVID-19 Means for America’s Economic and Financial Statecraft

| Mar. 27, 2020

It is already evident that coronavirus has triggered a deeper recession than that of the Global Financial Crisis. Much like the latter, monetary authorities at the Federal Reserve have undertaken unprecedented actions to support liquidity in global markets.

Russian President Vladimir Putin, left, and China's President Xi Jinping shake hands prior to their talks on the sideline of the 11th edition of the BRICS Summit, in Brasilia, Brazil, Wednesday, Nov. 13, 2019.

Ramil Sitdikov, Sputnik, Kremlin Pool Photo via AP

Analysis & Opinions - Barron's

Russia and China Are Hard Targets for U.S. Sanctions. That Could Be a Problem.

| Feb. 29, 2020

When wielded effectively, U.S. sanctions have weakened targets like Iran and North Korea without impacting the global economy. But against authoritarian heavyweights like Russia and China, this may no longer be the case. America’s policy options are narrowing.