Economics

A man visiting the Hejaz train station near al-Ula, Saudi Arabia, on Jan. 4. (Fayez Nureldine/AFP/Getty Images)

The Other Magic Kingdom

Saudi Arabia is making a very risky bet that it can become an international tourist destination.

There will be no talks about farm goods, European Trade Commissioner Cecilia Malmstrom reiterated, scuppering real hopes for a sweeping trade deal, Jan. 18, 2019. (Emmanuel Dunand/AFP/Getty)

No Sweeping Free Trade Deal, Brussels Tells Washington

The EU’s terms for talks could herald another trade setback for Trump.

People walk past the World Bank Group's headquarters in Washington, D.C., on May 3, 2013. (Brendan Smialowski/AFP/Getty Images)

The World Bank Needs to Join the 21st Century

The next president of the world’s largest development organization needs to chart a new direction for a new era.

Chinese police officers watch a cargo ship at a port in Qingdao in China’s eastern Shandong province on March 8, 2018. (AFP/Getty Images)

As West Grows Wary, Chinese Investment Plummets

The trade war and new U.S. regulations aimed at China are major factors.

U.S. President Donald Trump delivers his first State of the Union address in Washington on Jan. 30, 2018. (Win McNamee/AFP/Getty Images)

Welcome to the World’s Least Ugly Economy

Despite inequality, debt, and a tariff war, the U.S. economy is still the strongest.

(Etienne Oliveau/Getty Images/Foreign Policy illustration)

Beijing’s Big, Bad Year

Five Reads: The best Foreign Policy stories of 2018 on China.

A Honduran migrant caravan crowds the Guatemala-Mexico international border bridge in Ciudad Hidalgo, in Chiapas state, Mexico, on Oct. 20. (Pedro Pardo/AFP/Getty Images)

Overrated or Underreported?

A look at the stories the media hyped—or largely ignored—in 2018.

(Johannes Eisele/AFP/Getty Images/Foreign Policy illustration)

‘Tariff Man’ vs. the World

Five Reads: The best Foreign Policy stories of 2018 on global trade.

President of Turkey Recep Tayyip Erdogan addresses the press during the Argentina G20 Leaders' Summit 2018 on Dec. 1 in Buenos Aires. (Daniel Jayo/Getty Images)

Erdogan’s Anti-Semitism Will Sink Turkey’s Economy

The Turkish president’s racist conspiracy theories are a threat to economic stability.

Steam and exhaust rise from smokestacks in Oberhausen, Germany on Jan. 6, 2017. (Lukas Schulze/Getty Images)

The Hazard of Environmental Morality

Efforts to combat climate change should be pragmatic above all else.

Iranian members of parliament display their disagreement over a bill, one of four put forward by the government to meet demands set by the international Financial Action Task Force,  in Tehran on Oct. 7. (Atta Kenare/AFP/Getty Images)

Sanctions Are Just the Beginning for Iran

The economic blow to Tehran will be compounded if it fails to comply with global financial transparency rules.

Clouds above the Shanghai skyline on July 31, 2014. (Johannes Eisele/AFP/Getty Images)

A Preview of Your Chinese Future

China’s vision of world order is a more radical departure—and more realistic alternative—than the West understands.

Chinese President Xi Jinping, Papua New Guinea's Governor-General Bob Dadae, and Papua New Guinea's Chief of Defense Gilbert Toropo attend a welcome ceremony for Xi's state visit in Port Moresby on Nov. 16. (David Gray/AFP/Getty Images)

One Belt, One Road, One Big Mistake

China’s signature foreign-policy project is a failure that the U.S. shouldn’t copy.

NEW HAVEN, CT - OCTOBER 08: Yale Professor William Nordhaus attends a press conference after winning the 2018 Nobel Prize in Economic Sciences at Yale University on October 8, 2018 in New Haven, Connecticut. Professor Nordhaus' research has been focused on the economics of climate change, economic growth, and natural resources. (Photo by Eduardo Munoz Alvarez/Getty Images)

The Nobel Prize for Climate Catastrophe

The economist William Nordhaus will receive his profession’s highest honor for research on global warming that’s been hugely influential—and entirely misguided.

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