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October 31, 2023

Latin America
What Does the Inter-American Development Bank Do?

The Inter-American Development Bank aims to bolster economic and social development in Latin America and the Caribbean, but critics say reforms are needed.

A sign promotes the IDB Board of Governors meeting in Panama City, Panama, in March 2023.

December 18, 2023

Latin America
Mercosur: South America’s Fractious Trade Bloc

Three decades after its founding, Latin America’s largest trade bloc continues to deal with internal divisions, including over a stalled trade deal with the European Union. New leadership in Argentina and Brazil could shake things up.

A truck driver waits to unload his cargo of cereal grain at a rail terminal in Brazil.

February 16, 2024

United Kingdom
Moving Past the Troubles: The Future of Northern Ireland Peace

The Good Friday Agreement has dampened sectarian conflict and brought stability to Northern Ireland, but the peace deal has been challenged by Brexit-related border tensions that have thrown the regi…

A peace mural adorns a building in a loyalist neighborhood of Belfast

June 27, 2023

United States
What Happens When the U.S. Hits Its Debt Ceiling?

U.S. lawmakers have increasingly used the debt ceiling to re-litigate congressional spending, risking default and sparking debate over whether to abolish the ceiling.

An exterior view of the Capitol dome with storm clouds in the background.

October 11, 2023

G20 (Group of Twenty)
What Does the G20 Do?

The Group of Twenty, an informal gathering of many of the world’s largest economies, is the premier global forum for discussing economic issues. But it has faced divisions over trade, climate change,…

World leaders sit around a circular table at the G20 summit in New Delhi, India.

December 4, 2023

Sub-Saharan Africa
AGOA: The U.S.-Africa Trade Program

AGOA is the cornerstone of the U.S.-Africa trade relationship, but declining support has called the program’s value into question.

A worker wearing a dust mask sews at an export processing zone factory in Athi River, Kenya.

September 18, 2023

Southeast Asia
What Is ASEAN?

The Association of Southeast Asian Nations is a regional organization that brings together disparate neighbors to address economic, security, and political issues, but the group’s impact remains limited.

A woman sits in front of flags of ASEAN members in Bali, Indonesia, November 16, 2011.

October 20, 2023

Monetary Policy
What Is the U.S. Federal Reserve?

Over the past decade, the Fed kept interest rates low while it deployed trillions of dollars in stimulus and expanded its regulatory oversight. Now, the central bank is back in the spotlight for its …

A stone bald eagle perches on the Federal Reserve building in Washington, DC.

January 25, 2024

Somalia
Somaliland: The Horn of Africa’s Breakaway State

The would-be independent state strikes a contrast with Somalia as a place of relative stability, and despite its lack of international recognition, Somaliland continues to push its own foreign policy…

A statue of a hand painted in the colors of Somaliland's flag holds a map of the territory.