August 28, 2026 | View in Browser

Sponsored by Independent 20th Century

The deck of a container ship in Bremerhaven, Germany, August 2025

A Great Rebalancing Is Coming

Who Will Bear the Costs of a Global Trade Adjustment?

By Michael Pettis

A Foreign Affairs subscription is less than $3.50/month.

Subscribe Now →

U.S. soldiers during a NATO exercise in Bemowo Piskie, Poland, May 2026

Leave Europe to the Europeans

The Case for a U.S. Military Drawdown

By Jennifer Kavanagh and Justin Logan

Russian President Vladimir Putin speaking at the Kremlin, Moscow, July 2026

After Putin

Russia’s Coming Succession Crisis

By Julian G. Waller

Advertisement: Independent 20th Century

See the Landmark Exhibition of 20th-Century Art

Learn More

Independent 20th Century comes to the iconic Breuer building on Madison Ave from September 24th-27th. The exhibition broadens the understanding of 20th-century art, focusing on artists and avant-garde movements from 1900 to 2000. Visit and see historic modern art in one of New York’s most iconic spaces.

A U.S. Marine at an undisclosed location during Operation Epic Fury, April 2026

America Must Let Go of the Middle East

The Failed Iran War Should Spur a Long-Overdue Withdrawal

By Michael Fuchs

© 2026 Council on Foreign Relations | 58 East 68^th Street, New York NY | 10065

To ensure we can contact you, please add us to your email address book or safe list.
This email was sent to npnj5xo85s@niepodam.pl.

Receiving too many emails? Unsubscribe and manage your email preferences here.