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April 11, 2024

Israel
U.S. Aid to Israel in Four Charts

Israel has long been the leading recipient of U.S. foreign aid, including military support. That aid has come under heightened scrutiny amid Israel’s monthslong war to eliminate Hamas.

U.S. and Israeli army officers talk in front a Patriot missile defense system.

September 14, 2018

Financial Markets
The Dangerous Myth We Still Believe About the Lehman Brothers Bust

The new consensus about the cause of the 2008 financial crisis is seductive — and misleading. Sebastian Mallaby presents an alternative opinion.

A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City.

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…

December 14, 2023

United States
The Humbling of Henry Kissinger

The truth is that his tenure as secretary of state was often rocky, and as full of setbacks as acclaim.

Kissinger

August 9, 2023

International Law
Deterrence Lawfare to Save Taiwan

A recent Council on Foreign Relations task force report about “U.S.-Taiwan Relations in a New Era” warns that “deterrence is steadily eroding in the Taiwan Strait and is at risk of failing, increasin…

Chinese warship Luyang III sails past U.S. destroyer USS Chung-Hoon in the Taiwan Strait, as seen from the deck of the USS Chung-Hoon, on June 3, 2023.

June 29, 2023

Trade
Biden’s Turn Against Trade Makes It Hard to Win Friends

An era of inclusive U.S. economic policy is over, sparking anxiety around the world.

U.S. President Joe Biden speaks on rebuilding American manufacturing at the groundbreaking of a new Intel semiconductor manufacturing facility.

April 12, 2023

Immigration and Migration
Biden’s New Southern Border Plan Might Just Work

The balance of loathing from the left and right suggests the administration is on the right path.

The Hernandez family, Venezuelan migrants seeking asylum in the U.S. who were not received for the appointment they got using the U.S. Customs and Border Protection (CBP) CBP One application, walk next to the border wall after crossing the Rio Bravo river to turn themselves in to U.S. Border Patrol agents.