October 31, 2019United States
With the U.S. national debt already exceeding $16 trillion, President Trump’s tax reform and budget deals with Congress have added to the country’s deficits. CFR explores the origins of the national debt, the risks it presents, and the outlook for change.
October 29, 2019Nigeria
Nigeria’s criminal justice system is in urgent need of reform. Prisons are overcrowded, holding 73,314 people despite having capacity for only 50,153. Of those held, an estimated 70 percent are awaiting trial and have not yet been convicted of a crime; reports find that some people have been awaiting trial for as long as thirteen years. The chronic underfunding of the justice system exacerbates overcrowding and pre-trial detention.
October 25, 2019Election 2020
Each Friday, I look at what the presidential challengers are saying about foreign policy on the campaign trail.
October 24, 2019Election 2020
Donald Trump’s approval rating among Republican voters hovers around 90 percent. Numbers that high normally mean no primary challenge. But the Trump presidency has been anything but normal. Former So…
October 23, 2019Europe
This week’s episode of The President’s Inbox is live. I sat down with Sebastian Mallaby, CFR’s Paul A. Volcker senior fellow for international economics, to discuss the deal that British Prime Minist…
October 9, 2019Taiwan
Based on the profits and losses disclosed by Taiwan’s central bank, it appears that its true FX exposures exceed its disclosed foreign exchange reserves by USD 130bn, and perhaps by as much as USD 20…
October 8, 2019Taiwan
Who is on the other side of the massive ($250 billion) hedging need of Taiwan's life insurance industry? The local banking system covers at most a quarter of the life insurers hedging need, and forei…