Iran’s threat to close the strategic Strait of Hormuz is intended to signal its deterrent capacity to the United States and bolster leadership at home amid biting economic sanctions, says expert Mich…

Amid fears of another global recession, investors are focused on U.S. policymakers. Restoring confidence in the world’s largest economy will require both national sacrifice and innovation--not more F…

The U.S. economic recovery has been hit by high unemployment, a widening deficit, and political stalemate over the debt ceiling. CFR’s Michael Spence calls for boosting investment in education and in…

Ollanta Humala’s victory in Peru’s presidential election should mean continued solid relations with the United States and is an opportunity to further prove that moderate leftism is the consensus mod…

Oil price shocks spurred by Mideast events are unlikely to derail the U.S. economic recovery, says CFR Distinguished Visiting Fellow Michael Spence. But bigger shifts in the global economy will hit U…