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July 19, 2023

United States
The Dollar: The World’s Reserve Currency

The dollar’s role as the primary reserve currency for the global economy allows the United States to borrow money more easily and impose painful financial sanctions. Other countries are beginning to …

Three $1 bills lie on top of one another, filling the frame.

February 5, 2024

Argentina
Argentina’s Struggle for Stability

Argentina has struggled with political dysfunction and financial crises for decades. What could firebrand President Javier Milei mean for Argentina’s economy and role in the world?

A supporter holds up a $100 bill sign of then President-Elect Javier Milei in December 2023.

September 18, 2023

Economics
Is Industrial Policy Making a Comeback?

The threat of climate change and the rise of China have prompted renewed debate about the U.S. government’s role in shaping the economy.

Workers assemble Ford vehicles at the Chicago Assembly Plant in Chicago, Illinois.

March 8, 2019

United States
The U.S. Trade Deficit: How Much Does It Matter?

President Trump has made reducing the U.S. trade deficit a priority, blaming trade deals like NAFTA, but economists disagree over how policymakers should respond.

Chinese steel factory

June 27, 2023

United States
What Happens When the U.S. Hits Its Debt Ceiling?

U.S. lawmakers have increasingly used the debt ceiling to re-litigate congressional spending, risking default and sparking debate over whether to abolish the ceiling.

An exterior view of the Capitol dome with storm clouds in the background.

February 8, 2024

Taiwan
Why China-Taiwan Relations Are So Tense

Taiwan has the potential to be a flash point in U.S.-China relations. U.S. House Speaker Nancy Pelosi’s trip to Taipei in 2022 heightened tensions.

A statue of a Taiwanese soldier looks over the Taiwan straight at a Chinese city.

December 5, 2023

Climate Change
Global Climate Agreements: Successes and Failures

International efforts, such as the Paris Agreement, aim to reduce greenhouse gas emissions. But experts say countries aren’t doing enough to limit dangerous global warming.

Muddy waters nearly submerge lines of cars during a flood in Colorado, United States.