Economics & Finance

Japan's Prime Minister Shinzo Abe and his wife Akie wave as they prepare to depart from Tokyo's Haneda airport on April 17, 2018.        (Photo credit: KAZUHIRO NOGI/AFP/Getty Images)

Abe Just Won’t Quit

Japanese prime ministers usually resign at the first whiff of scandal — but this one is breaking the mold.

Jordan’s Chinese CH-4 drone on display at this year’s SOFEX arms show.
(Sharon Weinberger/Foreign Policy)

China Has Already Won the Drone Wars

Chinese companies are proving that America is not first in the UAV export market. Can Trump roll that back?

The World Bank headquarters in Washington on May 8, 2007. (Win McNamee/Getty Images)

The World Bank’s Doing Business Indicators Still Work

They are among the institution's most powerful tools — heed not the critics.

Iranian Foreign Minister Javad Zarif and his German counterpart, Sigmar Gabriel, speak to the media following talks in Berlin on June 27, 2017. (Sean Gallup/Getty Images)

Europe’s Sanctions-Blocking Threats Are Empty

When it comes to Iran sanctions, the EU must satisfy Trump’s demands. Access to the U.S. financial system hangs in the balance.

Bitcoin and other financial innovations are proliferating, Jan. 1, 2013. (Zach Copley/Flickr)

U.S. Sanctions Weapon Is Under Threat — but Not From Bitcoin

Forget cryptocurrencies. The real threat to American sanctions power is rapid technological innovation in finance.

People in Riyadh watch a projection depicting a portrait of Crown Prince Mohammed bin Salman during an event on Sept. 23 commemorating the anniversary of the kingdom's founding. (/AFP/Getty Images)

The Saudis Go for Broke Against Iran

Riyadh and its allies are aiming to use their financial leverage to remake the Arab world — but their strategy could just as easily backfire.

Galleries

Afghan pigeon fancier Abdul Ghani feeds his pigeons as they fly from the rooftop of his home in Herat province on June 30. HOSHANG HASHIMI/AFP/Getty Images

A Week in World Photos

A pigeon fancier in Afghanistan, migrants in the Mediterranean, and a fire-breathing stuntman in India.

The full moon rises behind burning moorland as a large wildfire sweeps across the moors between Dovestones and Buckton Vale in Stalybridge, England.  (Anthony Devlin/Getty Images)

A Week in World Photos

A fiery moon over England, a chess champion in Nepal, and rhino relocation in Kenya.

In the Magazine

In the Magazine

John Tomac illustration for Foreign Policy

Why India Gives Uber 5 Stars

Gig work offers a leg up in the developing world.

John Tomac illustration for Foreign Policy

Closing the Factory Doors

For two centuries, countries have used low-wage labor to climb out of poverty. What will happen when robots take those jobs?

Pride and Prejudice in Tehran

To understand Iran’s foreign policy, you need to learn a little Farsi.

Self-Driving Cars Are on the Road to Nowhere

Technology companies have been selling a vision of greener cities and safer roads. It's nothing more than hype.