Peterson Institute

Beijing & Moscow's muted response to the war in Iran is not a mistake. It is a strategic calculation: why interrupt a war waged by the US as it is getting stuck in an expensive quagmire in the Middle East? piie.com/blogs/realtime…

LISTEN: @AdnanMazarei explores the ramifications of another war in Iran; what it means for oil, natural gas, & other critical input markets; & how it might affect environmental efforts & the green transition. Here or wherever you get podcasts: piie.com/experts/podcas…

2025 was *a year*—check out our 2025 Annual Report for highlights from one of our busiest years ever: piie.com/microsites/202…

The ecommerce Joint Statement Initiative from the WTO Ministerial recognizes a shift in the WTO's role. Although the ecommerce duties moratorium was not extended, 66 countries agreed not to impose any. And more countries may sign up for the next iteration.piie.com/blogs/realtime…

🌸APRIL 16: @ojblanchard1, @carlos_cuerpo, @Isabel_Schnabel, & @AngelUbide explore how much monetary policy transmission & financial stability in the eurozone depend on deeper integration, Eurobonds, defense spending, & more. Info & register: piie.com/events/2026/fu…

LISTEN: Jason Walsh @BGAlliance joined Policy for the Planet to discuss what rescinding the 2009 Greenhouse Gas Endangerment Finding will cost public health, climate issues, & jobs in the US. Here or wherever you get podcasts: piie.com/newsroom/polic…

🌸APRIL 17: @AdamPosen leads a conversation with Maurice Obstfeld & Klaas Knot examining global monetary dynamics, the impact of the Trump admin's actions on the role of the dollar, & what it means for geopolitics. Info & register: piie.com/events/2026/de…

Q: Can tariffs replace income taxes? A: Absolutely not. Hear it straight from @KClausing:

With capital from European companies, Ukraine can help Europe build deterrence against Russia without detracting from its own war. But for Europeans to benefit from Ukraine’s defense industrial dynamism, both must reduce regulatory & financial barriers. foreignaffairs.com/guest-pass/red…

Brazil has the critical mineral endowments to be a genuine strategic partner for the US. Whether it seizes that opportunity depends less on what lies beneath its soil than on what its institutions, & the US, are willing to build above it. piie.com/blogs/realtime…

66 WTO members announced that a formal e-commerce agreement was open for signature by participating members. While the plurilateral agreement is not formally part of the WTO rulebook, getting this far is an achievement for the WTO. piie.com/blogs/realtime…

"America First" investment pledges from partner countries, worth over $5 trillion, remain unclear or aspirational, & some may not be able to pay. #PIIECharts Learn more: piie.com/publications/p…

For the foreseeable future, the WTO will mainly be a forum for groups of members to reach commercial agreements among themselves—great value to small countries without economic heft nor diplomatic resources to negotiate multiple bilateral agreements. piie.com/blogs/realtime…

Ukraine is “a contributor to, not just a recipient of, European security,” write @elinaribakova and Lucas Risinger. Both Kyiv and European capitals should do more to “bridge the gap between defense ambitions and commercial reality.” foreignaffairs.com/europes-untapp…

🌸APRIL 14: @ojblanchard1 joins a special Spring Meetings episode of PIIE Insider LIVE to explain why he's optimistic about Europe's future. Subscribe wherever you get podcasts & register to watch live here: piie.com/events/2026/ol…

Ownership of global petrochemical firms does not equal control. Chinese & other Asian investors exert significant control, while US investors exercise limited control due to reliance on passive investments. Saudi Arabia fully controls its investments.piie.com/publications/w…

The 14th Ministerial Conference (MC14) of the WTO, by several obvious measures, was a failure, Alan Wm. Wolff writes. But by another measure, the world trading system is better off today than it was before the weekend in Yaoundé, Cameroon. piie.com/blogs/realtime…

The war with Iran is blowing up the global economy, but Russia & China are beneficiaries; the conflict is enabling Vladimir Putin to expand his influence in Europe & Xi Jinping to do the same in the Indo-Pacific. By @elinaribakova & @Aligarciaherrer: piie.com/blogs/realtime…

Trump's tariffs upended global shipping, prompting China to increase offshore investment for Chinese inputs for the US & elevated long-term uncertainty on investing in North America—ensuring US companies & consumers bear the costs, Mary Lovely says. wbkb11.com/news/politics/…

ICYMI: @KClausing joined PIIE Insider LIVE to discuss climate & international taxes as collective action problems, why countries should continue cooperating even as the US misbehaves, & more. Listen to PIIE Insider LIVE wherever you get podcasts.