Trade

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Snapshot,
C. Fred Bergsten

Obama’s signature international economic initiative is the Trans-Pacific Partnership (TPP), but bipartisan majorities of both houses of Congress have insisted that the TPP forcefully address the manipulation of exchange rates. Here's how to resolve this dilemma.

Snapshot,
Nate Schenkkan

What started off as a relatively simple customs union in early 2014 has been transformed by treaty into a single economic space. But expansion has come at the cost of the union’s coherence, and as Russia’s economy spirals into crisis, the prognosis for 2015 is dire.

Snapshot,
Daniel Cloud

The ruble has already lost almost half its value against the dollar this year, and there is little doubt that Putin will end up badly wounded. The question is whether he will drag his country down with him, turning Russia into a full-fledged pariah state. 

Snapshot,
Milosz Reterski

In defending its vital interests in the Arctic, the United States lacks a critical tool: mighty nuclear-powered icebreakers that would solidify its economic and strategic role in the region. Russia is surging ahead in this area, and the United States must catch up.   

Snapshot,
J. P. Singh

Earlier this month, Brazil and the United States struck a landmark trade agreement over a longtime point of contention: cotton. The deal—the United States pays a hefty sum to Brazilian cotton farmers in return for an opportunity to continue subsidizing its own producers—concealed an ugly truth about the misbalance of power in international trade.

Snapshot,
Eric Lorber and Elizabeth Rosenberg

U.S. policymakers are considering giving global companies a choice: stop providing long-term financing and energy assistance to major Russian companies or be kicked out of the U.S. financial system. Such measures resemble the sanctions the United States placed on Iran a couple of years ago. But Iran was a different problem. And treating Russia the same way would be a mistake.

Snapshot,
Ely Ratner and Elizabeth Rosenberg

The United States will have to face the reality that further Russian isolation might be more costly than it is worth. In particular, further U.S.-led sanctions will start to harm U.S. allies and partners in Asia and, therefore, American interests.

Snapshot,
Surupa Gupta and Sumit Ganguly

India's farmers hold enormous sway over New Delhi's policymaking. Narendra Modi may have come to power as a free-market reformer, but the fear of being portrayed as anti-farmer has led him to block a trademark WTO deal that India had previously approved. 

Snapshot,
J. Berkshire Miller

Before the year is out, the world could witness Japanese Prime Minister Shinzo Abe shaking hands with North Korean leader Kim Jong Un in Pyongyang.

Snapshot,
Stephen Holmes and Ivan Krastev

Russia's annexation of Crimea came with few consequences for Russia, while an accidental attack on a civilian airliner by semi-anarchical rebel forces, only loosely controlled by Moscow, may redefine the country's place in the world order. Here's why.

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