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.

Many central banks are navigating turbulent waters as they battle inflation, a strengthening dollar, and an energy crunch. Should they coordinate policy?

If Westerners are shocked at political developments in Tunisia, it’s because they described it as a straightforward success for too long. 

The benefits of their personal relationship are clear for the Turkish president. But the U.S. president has his reasons, too.