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March 13, 2023

Turkey
Erdoğan Is In Danger

With elections looming large, last month's earthquake bodes ill for Turkey's strongman. 

Turkish President, Recep Tayyip Erdoğan in a blue suit speaking at a podium

May 8, 2024

RealEcon
In Economic Security, Trade-Offs Abound

Policymakers face complex cost-benefit considerations when intervening in the market to mitigate perceived risks, from climate change to competition with China.

(L-R) European Council President Charles Michel, Italy's Primer Minister Giorgia Meloni, Canada's Prime Minister Justin Trudeau, France's President Emmanuel Macron, Japan's Prime Minister Fumio Kishida, US President Joe Biden, German Chancellor Olaf Scholz, Britain's Prime Minister Rishi Sunak and European Commission President Ursula von der Leyen pose for the family photo during a visit to the Itsukushima Shrine in Miyajima Island as part of the G7 Leaders' Summit, on May 19, 2023.

April 1, 2024

Trade
WTO Members Kick the Can Down the Road, Again

The World Trade Organization's (WTO) thirteenth ministerial conference (MC13) in Abu Dhabi, United Arab Emirates failed to break the deadlock on old and new initiatives in areas such as agricultural …

13th WTO Ministerial Conference in Abu Dhabi, UAE

February 9, 2024

Global
Central Bank Currency Swaps Tracker

Introduction Since the financial crisis of 2007, central banks around the world have entered into a multitude of bilateral currency swap agreements with one another. These agreements allow a centr…

April 24, 2024

RealEcon
A Tricky Balance for Development Banks and the Developing World

The World Bank and IMF have concluded their spring meetings, but questions remain on China, lending capacity, and balancing the interests of rich and poor countries.

 President and CEO at Mastercard Ajay Banga (L) and CEO at the World Bank Kristalina Georgieva speak on stage at the 8th Annual Women In The World Summit at Lincoln Center for the Performing Arts on April 7, 2017 in New York City.

March 4, 2024

India
New Delhi’s Balancing Act In A Chaotic Middle East

India's diplomacy will be tested if the Gaza war continues indefinitely, or if relations between Israel and Arab nations further decline.

A military vehicle maneuvers near the Israel-Gaza border, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, in Israel, March 4, 2024.

February 9, 2024

Ukraine
Will Ukraine Survive?

What Ukraine and its Western backers have accomplished in the wake of Russia’s February 2022 invasion is extraordinary. But with congressional Republicans blocking further US military aid, even as Ru…

The Ukrainian flag flutters amid buildings destroyed in Russia’s bombardment of the Ukrainian town of Borodianka.

April 1, 2024

Trade
U.S. Trade Policy Is at a Crossroads

Biden’s trade agenda is trying to tackle climate change, domestic jobs, and great power competition, but trade-offs are inevitable. A clear vision on priorities is essential. 

BRADDOCK, PENNSYLVANIA - MARCH 20: A general view of the exterior of the U.S. Steel Edgar Thompson Works, on March 20, 2024 in Braddock, Pennsylvania. Nippon Steel has said that it would relocate its U.S. headquarters from Houston to Pittsburgh, where U.S. Steel (X.N) is located, if their acquisition deal goes through.

April 1, 2024

China
On Fentanyl, Biden Should Look to Work With China

The fentanyl epidemic is a major election issue. The U.S. could leverage trade policy with China to crack down on its export. 

Members of the Sinaloa Cartel prepare capsules with methamphetamine in a safe house in Culiacan, Mexico, April 4, 2022.