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February 13, 2020

Puerto Rico
Puerto Rico: A U.S. Territory in Crisis

The Caribbean island, which shares a close yet fraught relationship with the rest of the United States, faces a multilayered economic and social crisis, rooted in long-standing policy and compounded …

A man rides his bicycle through a damaged road in Puerto Rico.

February 5, 2020

Ukraine
Ukraine: Conflict at the Crossroads of Europe and Russia

Ukraine has struggled to forge an independent path, torn between Europe and the United States in the West and its long-standing ties to Russia in the East.

An anti-government protester sits on a monument during clashes with riot police in Kyiv on February 20, 2014.

October 31, 2019

United States
The 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.

US-Debt-BGR-Header-2-1160x630.jpg

October 3, 2019

Eurozone
The Role of the European Central Bank

As Europe has weathered a succession of economic crises, the European Central Bank has responded with an aggressive set of monetary policies that have redefined the bank’s original mandate.

Workers repair the euro sign in front of ECB headquarters

June 20, 2019

Monetary Policy
The Role of the U.S. Federal Reserve

The role of the Federal Reserve has transformed in the past decade, as it has deployed trillions of dollars to boost the U.S. economy while expanding its regulatory oversight of the nation’s financia…

Federal Reserve

March 8, 2019

United States
The U.S. Trade Deficit: How Much Does It Matter?

President Trump has made reducing the U.S. trade deficit a priority, blaming trade deals like NAFTA, but economists disagree over how policymakers should respond.

Chinese steel factory

January 12, 2018

United States
The State of U.S. Infrastructure

Amid deliberations over President Trump’s first budget, debate has intensified over how to improve the nation’s infrastructure, as analysts say U.S. transportation, water, and other systems face majo…

The State of U.S. Infrastructure

September 22, 2016

United States
The U.S. Vice President and Foreign Policy

Modern vice presidents can trace much of their political influence to the broad reforms that Jimmy Carter and Walter Mondale made to the second-highest elected office in the late 1970s.

Vice-President-Cheney-Rumsfeld-Libby--.jpg

May 19, 2016

China
Competition in the Indian Ocean

China and India increasingly vie for strategic advantage in the Indian Ocean, while also cooperating on some transnational security issues.  

Fishing boats anchored at Karachi Fish Harbor after a severe cyclone warning, October 29, 2014.

May 28, 2015

Infrastructure
U.S. Aviation Infrastructure

The U.S. air travel system is the most heavily used in the world, but it needs a much higher rate of investment to modernize and improve efficiency.

Passengers wait in a security line, Washington Reagan airport