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December 4, 2023

Budget, Debt, and Deficits
The U.S. National Debt Dilemma

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.

An exterior view of the U.S. Treasury building from below

December 4, 2023

Sub-Saharan Africa
AGOA: The U.S.-Africa Trade Program

AGOA is the cornerstone of the U.S.-Africa trade relationship, but declining support has called the program’s value into question.

A worker wearing a dust mask sews at an export processing zone factory in Athi River, Kenya.

November 21, 2023

Russia
Russia’s Influence in the Balkans

The Balkans have long been a source of tension between Russia and the West, with Moscow cultivating allies there as the EU and NATO expand into the region. The war in Ukraine could be shifting the ca…

A mural depicting Russian president Vladimir Putin with a text reading kosovo is Serbia on October 22, 2020 in Belgrade, Serbia.

October 31, 2023

Latin America
What Does the Inter-American Development Bank Do?

The Inter-American Development Bank aims to bolster economic and social development in Latin America and the Caribbean, but critics say reforms are needed.

A sign promotes the IDB Board of Governors meeting in Panama City, Panama, in March 2023.

October 20, 2023

Monetary Policy
What Is the U.S. Federal Reserve?

Over the past decade, the Fed kept interest rates low while it deployed trillions of dollars in stimulus and expanded its regulatory oversight. Now, the central bank is back in the spotlight for its …

A stone bald eagle perches on the Federal Reserve building in Washington, DC.

October 14, 2023

Lebanon
What Is Hezbollah?

Military experience gained from fighting in Syria’s civil war and decades of clashes with Israel has strengthened the Iran-backed group, but politically, its clout among Lebanon’s populace may be wan…

A crowd of Hezbollah supporters surrounds a giant model of a fist holding a gun.

October 11, 2023

G20 (Group of Twenty)
What Does the G20 Do?

The Group of Twenty, an informal gathering of many of the world’s largest economies, is the premier global forum for discussing economic issues. But it has faced divisions over trade, climate change,…

World leaders sit around a circular table at the G20 summit in New Delhi, India.

September 27, 2023

Belarus
The Belarus-Russia Alliance: An Axis of Autocracy in Eastern Europe

Russia has renewed its long-stalled push for unification with Belarus, using the country as a launchpad for its war against Ukraine and a hardening bulwark against NATO rivals to the west.

Presidents Aleksandr Lukashenko and Vladimir Putin.

September 26, 2023

Trade
The Contentious U.S.-China Trade Relationship

Trade between the world’s two biggest economies has ballooned in recent decades, bringing significant benefits but also perils that have led to calls to rethink the relationship.

A Chinese technician wearing a facemask is cast in blue light as he works on a solar panel production line.

September 21, 2023

United States
What Is Temporary Protected Status?

Temporary protected status has long been used as a humanitarian solution for migrants who are unable to return home safely, but efforts to give them a path to citizenship have reignited the debate ar…

National TPS Alliance supporters participate in a rally at the U.S. Capitol in September 2020.