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May 16, 2024

Thailand
Thailand’s Government Promised Change. It’s Delivering Chaos

The government of Prime Minister Srettha Thavisin has done little to address Thailand’s pressing issues, and now, after a Cabinet reshuffle and high-profile resignations, it seems to be in chaos.

The government of Prime Minister Srettha Thavisin has done little to address Thailand’s pressing issues, and now, after a Cabinet reshuffle and high-profile resignations, it seems to be in chaos.

May 2, 2024

Turkey
Erdogan’s Crisis of Legitimacy and Its Consequences

Despite the destabilizing effects of his economic and foreign policies, as well as a major election loss, President Erdogan shows no sign of interest in course correction.

Supporters of Turkish President Recep Tayyip Erdogan listen to his speech during a rally ahead of local elections in Istanbul, Turkey, in March 2024.

May 8, 2024

RealEcon
In Economic Security, Trade-Offs Abound

Policymakers face complex cost-benefit considerations when intervening in the market to mitigate perceived risks, from climate change to competition with China.

(L-R) European Council President Charles Michel, Italy's Primer Minister Giorgia Meloni, Canada's Prime Minister Justin Trudeau, France's President Emmanuel Macron, Japan's Prime Minister Fumio Kishida, US President Joe Biden, German Chancellor Olaf Scholz, Britain's Prime Minister Rishi Sunak and European Commission President Ursula von der Leyen pose for the family photo during a visit to the Itsukushima Shrine in Miyajima Island as part of the G7 Leaders' Summit, on May 19, 2023.

August 16, 2023

United States
Does Fitch’s Downgrade of U.S. Debt Really Matter?

The ratings agency’s decision will have no consequences for the U.S. dollar’s global role, but it highlights the country’s darkening fiscal outlook and governance challenges.

A woman walks past a currency exchange office in Moscow.

August 23, 2023

Singapore
Singapore’s Social Contract Is Starting to Fray

The PAP has made unbending integrity central to its identity, magnifying the damage the recent scandals have done to the party.

Singaporean prime minister stands behind a microphone with his hands clasped wearing a black suit with blue tie.

September 20, 2023

Immigration and Migration
The Americas Can’t Handle Immigration a la Carte

The Western Hemisphere needs regional solutions to make the most of the migration wave it faces.

After processing by U.S. Immigration, migrants are dropped off by a bus at a transit center to continue their journey in the United States from San Diego, California.

December 13, 2023

Trade
South America Can Still Save Its Trading Bloc

Stalemate over a trade deal with the European Union has left Mercosur on life support. Its revival depends on spurring greater intraregional trade.

Brazil’s President Luiz Inácio Lula da Silva attends the 63rd Summit of Heads of State of Mercosur and Associated States, at the Museum of Tomorrow in Rio de Janeiro, Brazil, December 7, 2023.

April 15, 2024

RealEcon
Weighing the Pros and Cons of Global Trade Leadership

Under Biden and Trump, the U.S. has broken from its long-standing free trade policy. CFR trade experts assess whether the rules-based trading system is worth saving.

A logo is seen at the World Trade Organization (WTO) headquarters before a news conference in Geneva, Switzerland, October 5, 2022.

December 1, 2022

United States
Ten Graphics That Explain the U.S. Struggle With Migrant Flows in 2022

Spurred on by worsening economic and political crises across Latin America, migration to the United States reached record levels in 2022. Here’s a look at the year’s major immigration stories.