“There seems to be no international architecture capable of coping with and preventing global [financial] crises from erupting,” a newly updated report (pdf) from the Congressional Research Service observes.
“The financial space above nations basically is anarchic with no supranational authority with firm oversight, regulatory, and enforcement powers. There are international norms and guidelines, but most are voluntary, and countries are slow to incorporate them into domestic law. As such, the system operates largely on trust and confidence and by hedging financial bets.”
The 109-page CRS report reviews the origins of the current crisis and summarizes its impact in different regions and countries. The report has not been made readily available to the public, but a copy was obtained by Secrecy News. See “The Global Financial Crisis: Analysis and Policy Implications,” April 3, 2009.
Fellows Brown, Janani Flores, Krishnaswami, Ross and Vinton will work on projects spanning government modernization, clean energy, workforce development, and economic resiliency
Current scientific understanding shows that so-called “anonymization” methods that have been widely used in the past are inadequate for protecting privacy in the era of big data and artificial intelligence.
China is NOT a nuclear “peer” of the United States, as some contend.
China’s total number of approximately 600 warheads constitutes only a small portion of the United States’ estimated stockpile of 3,700 warheads.
The Federation of American Scientists strongly supports the Modernizing Wildfire Safety and Prevention Act of 2025.