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March 20, 2018

Saudi Arabia
Saudi soldiers walk by oil tanker trucks delivered by Saudi authorities to support charities and NGOs in Marib, Yemen January 26, 2018. Picture taken January 26, 2018. Thirty Years of U.S. Arms Sales to Middle East Endogenous to Unstable Oil Prices, Research Shows

As the White House hosts Saudi Crown Prince Mohammed bin Salman today, policy makers need to be reminded that any new arms sales across the Middle East could become part of a repeating pernicious cyc…

May 18, 2018

International Economic Policy
A Bad Deal on Currency (with Korea) A Bad Deal on Currency (with Korea)

Korea has indicated that it will, very gradually, start to disclose a bit more about its direct activities in the foreign exchange market. The Korean announcement presumably was meant to front-run it…

March 7, 2017

Sub-Saharan Africa
KDF Garissa U.S. Arms Sales to Kenya

The United States and Kenya have a long standing military relationship. They are allies in the “war on terror,” of which Kenya has been a major victim. Notable attacks on Kenyan soil include the 1998…

May 8, 2018

Iran Nuclear Agreement
Kerry-Zarif-RTX22N89.jpg The Impact of the Iran Nuclear Agreement

President Trump’s decision to withdraw from the Iran deal jeopardizes the unprecedented visibility international inspectors now have into Iran’s nuclear program.

May 2, 2018

Donald Trump
Buhari-Trump-White-House-Nigeria-USA Buhari's Visit to Washington a Small Win for President Trump

Unlike the recent visits of French President Emmanuel Macron, who criticized Trump’s policies before a joint session of Congress, or German Chancellor Angela Merkel, who continues to be critical of a range of Trump’s polices, Buhari praised Trump in ways that will be pleasing to him and his base. 

April 30, 2018

North Korea
Vehicles carry missiles during a military parade in Pyongyang. North Korea’s Military Capabilities

Kim Jong-un has accelerated North Korea’s buildup of nuclear and other weapons of mass destruction, while also modernizing its large conventional force.

April 25, 2018

Ireland
Irish Flag and Apple Logo Tax Avoidance and the Irish Balance of Payments

At this point, profit shifting by multinational corporations doesn’t distort Ireland’s balance of payments; it constitutes Ireland’s balance of payments.

April 24, 2018

Brazil
A Petrobras refinery in Cubatao, Brazil. Brazil’s Corruption Fallout

Federal investigators in Brazil have uncovered corruption at the highest levels of the government and in the country’s largest corporations.

April 19, 2018

Puerto Rico
The Oversight Board’s Latest Fiscal Plan for Puerto Rico is Still Too Optimistic The Oversight Board’s Latest Fiscal Plan for Puerto Rico is Still Too Optimistic

The power is off in Puerto Rico, again. It may not be restored for a day or two. Puerto Rico obviously has yet to fully recover from Maria’s devastation. Tax revenues this fiscal year are off by o…

April 17, 2018

U.S. Foreign Policy
Foreign Affairs May June 2018 Cover A Global Report on the Decline of Democracy

“Centralization of power in the executive, politicization of the judiciary, attacks on indepen­dent media, the use of public office for private gain—the signs of democratic regression are well known…