November 8, 2019Nigeria
Housing for professionals working in the modern economy are challenged in most of the world’s mega-cities. Lagos is no exception, as profiled by the BBC. Its reporter estimates that “middle-to-high-income” housing can cost between $5,000 and $40,000 a year. But the practice of paying a year’s worth of rent upfront sets Lagos apart: the BBC’s reporter was asked for between $11,000 and $22,000 for a two-bedroom apartment with electricity in a good Lagos neighborhood, Victoria Island.
November 10, 2019United States
The U.S. Marine Corps turns 244 years-old today. On November 10, 1775, the Continental Congress adopted a resolution to create a Marine force composed of two battalions. Since then, the Marines have …
November 3, 2019Cybersecurity
China’s 5G rollout is happening quickly, causing some to worry that the United States is losing in a race for the next generation of communications technologies. However, this does not paint the comp…
October 31, 2019United States
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.
October 22, 2019Trade
Concern that China's subsidies caused a flood of cheap imports was what started the U.S.-China trade war in the first place, but subsidies were not mentioned even once when President Trump announced …