2022 has been a year of dollar power—power that manifests itself in both overt and subtler forms. In the spring, the financial sanctions slapped on Russia’s Central Bank following Russian ...
During the last several weeks, international and Ukrainian economists’ and policymakers’ discussions have been largely focused on a “Marshall Plan” for Ukraine focusing on the technical issues around reconstruction, from ...
The Russian economy is on the verge of crumbling as international sanctions begin to take hold, according to a Yale University study released this month. The analysis, which the authors ...
China just experienced its first wave of bank runs, triggered by frozen deposits in online accounts worth 40 billion yuan ($6 billion) and affecting 400,000 depositors. The scattered runs on ...
Welcome to today’s Morning Brief, where we’re looking at Ukraine’s grain exports and global food prices, Indonesian President Joko Widodo in China, Tunisia’s constitutional referendum, and the world this week. ...
The Iran nuclear deal recently marked its seventh anniversary—but it may well turn out to be its last. Despite a year of negotiations in Vienna, which nearly delivered an agreement ...
The United States and the Taliban continue to negotiate the release of billions of dollars of Afghanistan’s central bank reserves that could help get the moribund economy back to work ...
COLOMBO, Sri Lanka—On June 21, tuk-tuks, motorbikes, cars, and buses lined up at a fuel station on the edge of Colombo’s Kurunduwatta, a neighborhood of tree-lined streets and old mansions. ...
Welcome back to Foreign Policy’s Latin America Brief. The highlights this week: Mexican President Andrés Manuel López Obrador’s visit to Washington shines a spotlight on supply chains, a check-in with Cuban activists ...
COLOMBO, Sri Lanka—In Koralawella, a coastal village just south of Colombo, Anusha Fernando, her husband, and their 7-year-old child have been surviving on just a single curry and rice most ...