Council of Councils
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
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June 17, 2020
North Korea
North Korea’s Power Structure
In North Korea, all authority flows from Supreme Leader Kim Jong-un. He has reinstated the party as the central hub to consolidate his power and bring elites to heel.
July 27, 2022
North Korea
What to Know About Sanctions on North Korea
World powers continue to punish North Korea with economic sanctions, but the pressure has so far failed to push Pyongyang toward denuclearization.
June 28, 2022
North Korea
North Korea’s Military Capabilities
Kim Jong-un has accelerated North Korea’s buildup of nuclear and other weapons of mass destruction, while also modernizing its large conventional force.
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.
June 7, 2006
North Korea
North Korea’s Capitalist Experiment
The government of North Korean President Kim Jung-Il retains a virtual death grip on the nation’s economy, directing all official economic activity through an authoritarian command system. But recent…
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 …
