Puerto Rico’s debt crisis has entered a new stage. Without congressional action and deeper reforms, the island could find itself unable to provide basic services, says CFR expert Brad Setser.

CFR geoeconomic fellow Brad W. Setser explains what’s behind the dollar’s recent decline and says the Federal Reserve shouldn’t use interest rates as a tool to stabilize the exchange rate.

A high-level dialogue occurs against a backdrop of political change and tensions over Chen Guangcheng. CFR’s Adam Segal says the relationship has no guiding principle.

Adam Segal, a leading expert on Asian military and technological issues, holds “extremely low” expectations for the latest round of Six-Party Talks over North Korea’s nuclear program.

The WikiLeaks’ controversy reveals inconsistencies in the U.S. government’s approach to Internet speech and the responsibilities of private companies in control of what is now considered public space…