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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.

October 20, 2023

Monetary Policy
What Is the U.S. Federal Reserve?

Over the past decade, the Fed kept interest rates low while it deployed trillions of dollars in stimulus and expanded its regulatory oversight. Now, the central bank is back in the spotlight for its …

A stone bald eagle perches on the Federal Reserve building in Washington, DC.

June 15, 2023

China
China’s Growing Influence in Latin America

For more than two decades, China has developed close economic and security ties with many Latin American countries, including Brazil and Venezuela. But Beijing’s growing sway in the region has raised…

China is helping to build a new national library in San Salvador, El Salvador.

September 29, 2022

Puerto Rico
Puerto Rico: A U.S. Territory in Crisis

The Caribbean island, which shares a close yet fraught relationship with the rest of the United States, faces a multilayered economic and social crisis rooted in long-standing policy and compounded b…

A man rides his bicycle through a damaged road in Puerto Rico.

October 12, 2023

International Organizations
The World Bank Group’s Role in Global Development

Since its founding in 1944, the World Bank has evolved from a lender focused on European reconstruction to the preeminent international institution for economic development and poverty reduction.

A woman reads in front of a chalkboard in an outdoor classroom in Niger.