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August 21, 2019

Nigeria
Debt Servicing, Tax Revenue, and Oil in Nigeria

President Buhari is publicly asking the Federal Inland Revenue Service about its failure to meet tax-collecting targets since 2015. Nigerian Federal and state entities have borrowed so much money that debt service now consumes more than 70 percent of revenue, according to the Finance Ministry. 

Tunde Fowler sits and gestures in front of a FIRS logo during an interview.

August 20, 2019

United States
Back-to-School Reading Special

Every year CFR.org editor Bob McMahon and I record a summer reading episode of CFR’s “The World Next Week” podcast. We usually do it in June as we entertain visions of leisurely summer days yet to co…

Books

August 20, 2019

Energy and Climate Policy
Electricity as Coercion: Is There a Risk of Strategic Denial of Service?

This guest post is co-authored by Joshua Busby, associate professor of public affairs at the Robert S. Strauss Center for International Security and Law at the LBJ School at the University of Texas a…

Electricity pylons are seen in London, Britain August 1, 2017.

July 16, 2019

Cybersecurity
Building Resilience in the Fifth Domain

The time for new cyber strategies is over. The United States should work to achieve "cyber resilience," in which we actively manage the risk posed by even the most persistent nation-state actors.

A researcher of Hauri, an IT security software company investigating computer viruses, works at a lab of the company in Seoul March 22, 2013.

August 14, 2019

Nigeria
Understanding the Threat Posed by ISWA in Nigeria

The fishing town of Baga, on the shores of Lake Chad, has been devastated by both Boko Haram and the Nigerian army. It is currently controlled by the Boko Haram faction, the Islamic State in West Africa (ISWA). The group is led by Abu Abdallah al-Barnawi, and is separate from, and presumably a rival to, Abubakar Shekau’s faction. Obi Anyadike, a reporter, interviewed eight former residents of Baga who had fled to Maiduguri.

Two women and a man stand by a window and a door of a mosque in Maiduguri.

August 13, 2019

China
When it Comes to Exporting (Manufactures), Europe is now the one from Mars

Manufacturing exports are about three times more important to the euro area than to the U.S. economy. That's largely because the U.S. now exports very few manuactures. And China's imports of ma…

When it Comes to Exporting (Manufactures), Europe is now the one from Mars

August 6, 2019

United States
“Mini Mac” Shows China’s Currency Shifting Into Undervaluation

The “law of one price” holds that identical goods should trade for the same price in an efficient market. But how well does it actually hold internationally? The Economist magazine’s Big Mac Index us…

August 13, 2019

United States
Election 2020: Beto O’Rourke, Democratic Presidential Candidate

When Richard Nixon lost California’s governor’s race in 1962, political pundits declared his dream of becoming president dead. After all, winning presidential candidates usually come off of electoral…

Beto O’Rourke

August 8, 2019

United States
Election 2020: Tim Ryan, Democratic Presidential Candidate

Niles, Ohio is one of the few places in the United States that can say it is the birthplace of a president. America’s twenty-fifth president, William McKinley, was born and raised in the town, which …

Tim Ryan

August 7, 2019

Climate Change
Sunk Coast Fallacy: How Island Nations Should Approach Climate Diplomacy

Pacific island nations under threat from rising sea levels can translate geopolitical competition in the region into climate action.

Tuvalu Prime Minister Enele Sopoaga delivers remarks at UN Headquarters in New York on April 22, 2016.