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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.

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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

August 26, 2019

International Organizations
The Role of the UN Secretary-General

The United Nations’ top leadership position has broad authority to steer the organization’s agenda, but its impact has varied widely since 1946.

UN Secretary-General Antonio Guterres adjusts his tie.

July 22, 2019

United Kingdom
What Brexit Means

Brexit supporters argue that the EU threatens sovereignty and stifles growth, while opponents counter that EU membership strengthens trade, investment, and the UK’s standing in the world.

EU and UK flags fly during a pro-EU march in front of the British Parliament in London.

June 10, 2019

G20 (Group of Twenty)
The Group of Twenty

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 faces challenges from U.S. protectionism and th…

2019 G20 Logo

May 13, 2019

China
Is ‘Made in China 2025’ a Threat to Global Trade?

China’s industrial policy is aimed at rapidly expanding its high-tech sectors and developing its advanced manufacturing base. The plan is seen as a threat by President Trump, and could escalate the trade war.

Microchip production in China

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 4, 2019

Trans-Pacific Partnership (TPP)
What Is the Trans-Pacific Partnership (TPP)?

Though President Trump withdrew from the TPP, the remaining members of the trade pact have forged ahead with a new version, leaving the U.S. role in the Asia-Pacific in question.

CPTPP

October 10, 2018

Refugees and Displaced Persons
How Does the U.S. Refugee System Work?

The United States has long accepted refugees from around the world, but President Trump’s sharp cuts to refugee resettlement have sparked debate over the program’s national security implications.

Syrian refugees who crossed the Evros River wait to be transferred by police to a first reception center in Greece.

October 1, 2018

United States
How Does the U.S. Spend Its Foreign Aid?

With President Donald J. Trump advocating for deep cuts to U.S. foreign aid, debate has renewed over the role of foreign assistance funds in boosting growth, promoting democracy, and saving lives.

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