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February 5, 2015

United States
Interview With Charlie Rose

Last month, I had the pleasure of joining Charlie Rose on his show along with Jorge Castañeda, Mexico’s former foreign minister, and Francisco Goldman, contributor to The New Yorker, to discuss Mexic…

June 14, 2018

U.S. Foreign Policy
Foreign Affairs July August 2018 Cover What Kind of World are We Living In?

“Life today seems like a tale told by an idiot, full of sound and fury, signifying something,” writes Editor Gideon Rose in his introduction to the July/August issue of Foreign Affairs. It seems as i…

June 13, 2018

South Africa
South-Africa-Jacob-Zuma-Corruption-Tax-Evasion-SARS Zuma’s Corruption Stalls Popular Trust in South African Taxation

There are signs that South Africans are reverting to the non-payment of taxes. The Treasury estimates that half of the revenue shortfall in 2017 resulted from personal income taxes that the government had budgeted for but were not paid. In the short term, the revenue short fall is compelling Ramaphosa to raise the VAT.

June 4, 2018

Trade
Trucks wait in the queue for border customs control to cross into U.S. at the World Trade Bridge in Nuevo Laredo, Mexico April 5, 2018. Mexico Knows How to Fight a Trade War

Mexico's retaliatory tariffs (on some types of steel, lamps, cheese, pork, apples, grapes, and cranberries) will swat at Trump’s political base.

June 4, 2018

United States
Italian flag over Quirinal Palace. Trade Deals or Macroeconomic Shocks?

With ongoing euro uncertainty in Italy, financial turmoil in Argentina and Turkey, and potential fiscal risks to demand in Asia, does the Trump administration's focus on trade deals miss the larger m…

May 25, 2018

Iran
U.S. President Donald Trump speaks to reporters after signing a proclamation declaring his intention to withdraw from the JCPOA Iran nuclear agreement in the Diplomatic Room at the White House in Washington, U.S. May 8, 2018. The Complicated Geopolitics of U.S. Oil Sanctions on Iran

U.S.-Iranian conflict resolution is in flux following withdrawal from the nuclear deal, and it remains unclear whether sanctions will be sufficient to force Iran back to the negotiating table. A deeper dive into the energy realpolitik of the matter reveals a host of barriers to improving the status quo in the Middle East.

May 24, 2018

Turkey
Turkey Could Use a Few More Reserves, and a Somewhat Less Creative Banking System Turkey Could Use a Few More Reserves, and a Somewhat Less Creative Banking System

Turkey’s currency initially rallied after the central bank raised interest rates yesterday. Perhaps a bit more orthodoxy is all it will take to restore a modicum of stability to Turkey’s markets. The…

May 4, 2018

South Korea
A model poses with a Samsung smartphone. South Korea’s Chaebol Challenge

South Korea’s megaconglomerates have helped lift the country out of poverty, but their extraordinary influence could put the health of the Korean economy at risk.

April 26, 2018

Human Rights
Demonstrators protest against police violence and the government of Nicaraguan President Daniel Ortega in Managua, Nicaragua on April 23, 2018. Why We Must Never Give Up on Democracy

In Nicaragua and Armenia today, people are rising up against tyranny and demanding human rights and democratic rights. Nicaragua has been suffering under a decade of misrule and deepening tyranny …