SDR-denominated bonds have the potential to significantly strengthen the balance sheet of both the IBRD (The World Bank) and IDA, freeing up cash and helping both institutions deliver on their mandat…

The ratings agency’s decision will have no consequences for the U.S. dollar’s global role, but it highlights the country’s darkening fiscal outlook and governance challenges.

Venezuela’s ongoing descent into economic and political chaos is a cautionary tale of the dangerous influence that resource wealth can have on developing countries.

Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: Americans are divided over the meaning of January 6. 

Israel at 75 is facing fundamental choices about its identity. 

The newest branch of the U.S. military marks its fourth year of service. 

The multilateral development banks need to develop a second channel for mobilizing the world’s under-utilized special drawing rights (SDRs).