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September 20, 2023

Sub-Saharan Africa
Africa’s ‘Leaders for Life’

Sub-Saharan Africa is home to many of the world’s longest-ruling heads of state. Pro-democracy advocates have at times successfully stopped presidents from extending their mandates, but the authorita…

A worker throws away campaign posters of President Yoweri Museveni after Uganda’s 2021 election.

October 11, 2023

Morocco
Virtual Media Briefing: The World Bank and IMF 2023 Annual Meetings

CFR experts discuss the 2023 Annual Meetings of the World Bank Group and the International Monetary Fund, taking place this week in Marrakech, Morocco. GOODMAN: My name is Matthew Goodman. I recen…

Play U.S. Treasury Secretary Janet Yellen and Morocco Finance Minister Nadia Fettah Alaoui

October 20, 2023

Monetary Policy
What Is the U.S. Federal Reserve?

Over the past decade, the Fed kept interest rates low while it deployed trillions of dollars in stimulus and expanded its regulatory oversight. Now, the central bank is back in the spotlight for its …

A stone bald eagle perches on the Federal Reserve building in Washington, DC.

July 19, 2023

United States
The Dollar: The World’s Reserve Currency

The dollar’s role as the primary reserve currency for the global economy allows the United States to borrow money more easily and impose painful financial sanctions. Other countries are beginning to …

Three $1 bills lie on top of one another, filling the frame.

June 21, 2023

Infrastructure
How U.S. Aviation Infrastructure Works

Civil aviation plays a crucial role in the U.S. transportation network and economy. Ongoing turbulence from the COVID-19 pandemic, underinvestment in infrastructure, and climate change are clouding i…

Passengers look through airport windows at the tarmac.

April 23, 2020

Rwanda
Why Rwanda Needs to Prepare Now for Kagame’s Promised Departure in 2024

This April marks the twenty-six-year anniversary of the Rwandan genocide and twenty years since Paul Kagame took the reins as president. For much of that time, Kagame imposed limits on the political process, democratic debate, and opposition figures. He justified these limits by saying that the country was too fragile, the wounds too fresh, and the competitive aspects of democracy too divisive for a country emerging out of a genocide. But when does that grace period end?

President Paul Kagame and First Lady Jeanette Kagame light the Rwandan genocide flame of hope, known as the "Kwibuka" (Remembering), to commemorate the 1994 Genocide at the Kigali Genocide Memorial Center in Kigali, Rwanda, on April 7, 2020. They are flanked by greener as they both old a long and lit torch that lights the memorial.