To mark its fifth anniversary, Stephen E. Flynn, CFR’s leading national security expert, evaluates the general performance of the Office of Homeland Security.

An undervalued Chinese yuan remains a contributing factor to the U.S.-China trade imbalance, but experts warn that labeling China a "currency manipulator" will not rein in mounting U.S. deficits.

The Bush administration’s approach to the detention and prosecution of prisoners held at Guantanamo Bay, Cuba, has been deemed unconstitutional by the U.S. Supreme Court. But the battle continues.

The death of Abu Musab al-Zarqawi, Iraq’s most wanted man, is an important event but one unlikely to affect the insurgency greatly.