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May 23, 2024

Economics
For the First Time, the U.S. Is Spending More on Debt Interest than Defense

   

For the First Time, the U.S. is Spending More on Debt Interest than Defense
Blog Post by Benn Steil and Elisabeth Harding Greenberg Center for Geoeconomic Studies

August 16, 2022

Nigeria
Massive Borrowing Puts Nigeria’s Future at Risk

The country’s bloated debt portfolio is the outcome of decades-long economic mismanagement.

Nigerian President Muhammadu Buhari presents 2021 budget to the national assembly.
Blog Post by Ebenezer Obadare Africa in Transition

May 14, 2024

RealEcon
On to Wisconsin: RealEcon Visits the Badger State

From ginseng farms to food-processing facilities, Wisconsin businesses shine light on how trade policy and foreign investment impact rural America.

Darin Von Ruden, the owner of the Von Ruden's Organic Dairy Farm walks on his farm in Westby, Wisconsin, on October 3, 2020. - In western Wisconsin, where family-run dairy farms dot the rolling green hills and eagle-watchers peer into the sparkling marshland, signs for Donald Trump and Joe Biden stand directly across each other on neighbors' yards. In a polarized United States where Democrats and Republicans increasingly self-segregate, this stretch of the Upper Midwest alongside the Mississippi River looks
Article by Allison J. Smith and Matthew P. Goodman RealEcon

June 20, 2006

North Korea
Allison: U.S. Policy on North Korea ’Abject Failure’; Iran May Be Closer to Nuclear Weapons Than U.S. Thinks

Graham Allison, a leading expert on nuclear terrorism, says the Bush administration policy toward North Korea of "threaten and neglect" has been a failure. He also warns that faulty U.S. intelligence…

Interview by Graham T. Allison and Bernard Gwertzman

April 16, 2024

United States
Is Rising Student Debt Harming the U.S. Economy?

Higher education provides students many socioeconomic benefits and increases the global competitiveness of the United States, but mounting student loan debt has sparked a debate over federal lending …

Protestors hold "cancel student debt" signs outside the U.S. Supreme Court.
Backgrounder by CFR.org Editors Renewing America

June 12, 2009

United States
Offsetting Borrowing

Government borrowing has increased sharply, but the fall in private borrowing by households and firms has been equally dramatic. Overall borrowing has not changed substantially. Will the government…

fedoffsethh2
Blog Post by Benn Steil and Dinah Walker Geo-Graphics

June 3, 2024

Russia
The Interest Income from Russia’s Frozen Reserves

Outright seizure of the Russian Central Bank’s hundreds of billions in frozen assets is off the table for now, but it is still possible to obtain large sums from the interest on these assets.

The Interest Income from Russia’s Frozen Reserves
Blog Post by Brad W. Setser and Michael Weilandt Follow the Money