After emerging from the 2008 financial crisis relatively unscathed, Brazil’s inevitable entrance into the club of major global powers is increasingly accepted. CFR’s Stewart M. Patrick and Carlos Sim…

Brazil, Russia, India, China, and South Africa (known as the "BRICS") are forming multilateral bodies intended to reduce Western influence over the global financial system, explains CFR’s Stewart Pat…

European Union Commissioner for Economic and Monetary Affairs Olli Rehn says French Finance Minister Christine Lagarde "would make a very good managing director of the IMF for the whole world, not on…

European Union Commissioner for Economic and Monetary Affairs Olli Rehn expects negotiations on a new Greek aid plan between the EU, IMF, and Greek government will conclude "in the coming days," ahea…