Each Friday, I look at what the presidential contenders are saying about foreign policy. Congress is empowered to set tariff policy, but it has delegated much of its authority to the president.

Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: History suggests that any bump Kamala Harris gets from the debate will be fleeting.

The IMF, while recognizing the liquidity challenges sure to be faced by several indebted countries in the coming years, needs to offer a solution that both widens its scope and deepens its analysis.

Rather than reducing the risk of future debt trouble, Sri Lanka’s macro-linked bonds set up the risk that Sri Lanka will fall back into debt trouble in 2029 or 2030.