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Council on Foreign Relations
Issue Guide: Financial Policy

The U.S. financial crisis has rocked nearly every facet of the country's financial policy, prompting experts to assess potential short- and long-term consequences. The following is a list of's best resources for understanding U.S. and global financial trends and institutions.U.S. Financial Infrastructure:Backgrounder: The U.S....

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Issue Guide: Pakistan and U.S. Policy

Many foreign policy experts place Pakistan at the top of the most serious foreign policy issues facing the next U.S. president. A politically turbulent country with nuclear arms, Pakistan has an increasingly restive tribal region believed to host al-Qaeda's top leaders and Taliban forces that...

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Climate Policy Prospects Follow Markets South

Those who champion policies to limit greenhouse gas emissions are accustomed to fighting an uphill battle, particularly on the associated economic costs. But the global financial crisis steepens the grade. As governments and industry seek ways to cut costs, some worry that the first thing...

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Currency Conundrums

The 2008 financial crisis has prompted many analysts to speculate about the decline of major developed economies like the United States and Japan as hubs for global capital. Currency flows, however, tell a different story. As markets worldwide stumbled, foreign governments have poured money into...

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With Oil Down, Will Iran Follow?

The recent tumble in global economic growth has fed an equally precipitous fall in energy prices, a trend welcomed by consumers across the world but deeply worrying to many energy exporting nations. Analysts predict most members of the Organization of the Petroleum Exporting Countries, particularly...

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Capitalism in Crisis

As this year's financial woes spread beyond Wall Street to engulf much of the world's economy, the contours of debate over the crisis have also broadened. First narrowly defined around loans and bailouts, the debate has morphed into a wholesale reconsideration of the capitalist model...

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India-Afghanistan Relations

IntroductionIndia and Afghanistan historically have shared close cultural and political ties, and the complexity of their diplomatic history reflects this fact. India supported successive governments in Kabul until the rise of the Taliban in the 1990s,and was among the first non-Communist states to recognize the...

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