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September 8, 2020

United States
Winners and Losers of the Pandemic Economy

While it is true that bullish equity markets are out of step with the historic contraction in the real economy, to say that they are disconnected from it misses the point. In fact, the lofty valuatio…

S&P 500 trading screens are displayed at the Nasdaq building in Times Square as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus in New York City.

September 16, 2020

Coronavirus
Beating COVID-19 in Africa Begins With National Labs

Although testing efforts have detected over 1.3 million cases of COVID-19 across Africa, experts agree that limited testing capacity has masked the full extent of disease spread and hampered control efforts.

A health worker, dressed in white personal protective equipment (PPE), holds up a coronavirus testing kit. The front says "biohazard, peligroso."

September 16, 2020

Currency Reserves
Asian Intervention in the Foreign Exchange Market is Back. Bigly.

Joe Gagnon and Fred Bergsten have called the years from 2003 to 2013 the decade of manipulation, as a host of Asian countries protected their competitive position of their exporters by intervening ma…

Asian Intervention in the Foreign Exchange Market is Back. Bigly.

September 16, 2020

Middle East and North Africa
Is Lebanon a Failed State? Here’s What the Numbers Say.

The August explosions in Beirut were the latest in a series of man-made disasters that have led some experts to say Lebanon is becoming a failed state.

September 16, 2020

United States
Why the Fed Bond Binge Will Boost Inflation

After the 2008 financial crisis, it took five years of quantitative easing (QE) for the Fed’s balance sheet to grow $1.8 trillion. This year, once the pandemic began, it took less than five month…

Why the Fed Bond Binge Will Boost Inflation

September 16, 2020

United Nations
The UN Security Council

The UN Security Council is the premier global body for maintaining international peace and security, but it faces steady calls for reform to better meet twenty-first-century challenges.

Members of the Security Council sit during a meeting at the UN headquarters in New York.

September 15, 2020

Nigeria
Nigeria Launches Community Policing Initiative

In the face of apparently soaring levels of crime and violence, the Nigerian government has launched a community policing initiative. Abuja has set aside N13 billion (about $35 million) to fund the launch and is recruiting some 10,000 constables.

Several police officers, dressed in blue vests with "POLICE" written on the back, run down a concrete road.

September 9, 2020

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

September 14, 2020

United Nations General Assembly
Can a Virtual UN General Assembly Deliver on Real World Problems?

Despite limitations, the UN will still sponsor a few notable events and initiatives at this year’s General Assembly, but do not expect any breakthroughs.

President Sauli Niinisto of Finland addresses a room full of attendees during the seventieth session of the United Nations General Assembly at the UN headquarters in New York on September 29, 2015.

September 14, 2020

Diplomacy and International Institutions
The UN at Seventy-Five: How to Make it Relevant Again

Council of Councils global perspectives roundups gather opinions from experts on major international developments. In this edition, members of six leading global think tanks reflect on what reforms a…

UNSC members meet at UN headquarters