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October 13, 2006

Financial Markets
Playing Monopoly with the Devil: Developing World Needs to Adopt the Dollar as its Currency

Replacing domestic currencies with an international one is the best way for developing countries to create a financially stable environment and integrate into the ever-globalizing world economy, argu…

October 10, 2006

Development
Playing Monopoly with the Devil

Read an excerpt of Playing Monopoly with the Devil. Why should a developing country surrender its power to create money by adopting an international currency as its own? This comprehensive book ex…

April 7, 2020

Americas
Coronavirus Is Killing Lopez Obrador’s Big Plans for Mexico

His “Fourth Transformation” is a victim of his failure to take the pandemic seriously.

Mexico's President Andres Manuel Lopez Obrador shows his amulets, which he says serves him as a "protective shield" against the coronavirus disease (COVID-19) along with his honesty and not allowing corruption, during a news conference at the National Palace in Mexico City, Mexico March 18, 2020.

March 10, 2009

Monetary Policy
Monetary Nationalism Will Worsen Economic Crisis, Warns New Book by Benn Steil and Manuel Hinds

As a global economic crisis unfolds, a new book by CFR director of international economics Benn Steil and former Salvadoran finance minister Manuel Hinds warns that the incompatibility of globalizati…

March 12, 2020

Mexico
Mexico’s Women Push Back on Gender-Based Violence

Gender-based killings in Mexico have sparked mass protests, with activists blaming the government for an anemic response.

February 10, 2020

Americas
U.S. Detention of Child Migrants

Record-breaking numbers of unaccompanied children have been arriving at the U.S.-Mexico border, leading the Trump administration to expand child detention policies and sparking debate over how to han…

A young girl carries a child inside an immigrant holding area. Barbed wire and other people frame the photo.

February 5, 2020

Americas
Mexico’s Lopez Obrador Is Stoking Corruption, Not Fighting It

His shady associates and wrongheaded policies are making a bad problem worse.

A demonstrator holds a sign during a march against Mexico's president Andres Manuel Lopez Obrador as he delivers his first state of the union in Mexico City, Mexico, September 1, 2019. The sign reads, "#AMLO traitor. Liar. Corrupt. Narco-state".

January 24, 2020

Mexico
Mexico’s Security Dilemma

Amid a spate of drug cartel attacks, Mexico is considering whether to increase security cooperation with the United States.

October 23, 2019

Americas
AMLO’s ‘Hugs Not Bullets’ Is Failing Mexico

The president's softer approach to criminal gangs just suffered a serious setback in Sinaloa.

A burning bus, set alight by cartel gunmen to block a road, is pictured during clashes with federal forces following the detention of Ovidio Guzman, son of drug kingpin Joaquin "El Chapo" Guzman, in Culiacan, Sinaloa state, Mexico October 17, 2019.

October 22, 2019

Mexico
Mexico’s Drug War

Violence continues to rage in Mexico more than a decade after former President Felipe Calderon launched a crackdown on drug cartels.

A Mexican Army expert shows crystal meth paste at a clandestine laboratory in Tecate, Mexico.