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June 28, 2023

Diplomacy and International Institutions
What Does the G7 Do?

The Group of Seven (G7) serves as a forum to coordinate global policy, but experts are increasingly questioning the group’s relevance.

Leaders of G7 countries walk alongside one another.

July 19, 2023

United States
The Dollar: The World’s Reserve Currency

The dollar’s role as the primary reserve currency for the global economy allows the United States to borrow money more easily and impose painful financial sanctions. Other countries are beginning to …

Three $1 bills lie on top of one another, filling the frame.

April 21, 2006

Global
The World Bank and Corruption

A decade after the World Bank mounted its first anticorruption campaign, the impact appears to have been minimal. Paul Wolfowitz, the bank’s new president, is seeking to reinvigorate the effort. But …

February 2, 2005

Iraq
Iraq: The war’s price tag

This publication is now archived. How much has the war in Iraq cost?Congress has so far appropriated about $123 billion for the war in Iraq in addition to the military’s standard operating expenses c…