Backgrounders

Current political and economic issues succinctly explained.

President Obama has expanded sanctions against North Korea over its nuclear ambitions while making attempts to engage with it, but Mitt Romney has criticized the engagement policy as weak.

See more in United States, U.S. Election 2012

Venezuela's Chávez Wins Fourth Term

Author: Brianna Lee

Longtime Venezuelan leader Hugo Chávez's fourth term as president allows for the continuation of his "socialist revolution," but questions over his health remain a wildcard in assessing Venezuela's future.

See more in Venezuela

The Income Inequality Debate

Author: Steven J. Markovich

With the Occupy Wall Street movement now a year old, income inequality remains hotly debated globally. This Backgrounder examines the issues.

See more in United States, Economics

The Role of the European Central Bank

Author: Christopher Alessi

As Europe's central bank moves aggressively to staunch the continent's crisis, some critics are asking if it has exceeded its mandate by stepping into the breach left open by elected leaders.

See more in Europe/Russia, Economics

Renewing America

Renewing America

The Dodd-Frank Act

Author: Steven J. Markovich

The Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank"), signed into law in July 2010, is one of the most significant regulatory reform measures since the Great Depression.

See more in United States, Economics

Understanding the Libor Scandal

Author: Christopher Alessi

The manipulation of interbank lending rates by a host of global financial institutions could have significant repercussions for financial markets, consumer loans, and regulatory policy, explains this Backgrounder.

See more in U.K., Capital Markets

Greek Elections and the Eurozone's Future

Author: Christopher Alessi

Greek elections this weekend could render a verdict on the country's eurozone future, with analysts fearing serious consequences for the global economy, says this CFR Backgrounder.

See more in Greece, Elections