In The News

Benn Steil and Emma Smith February 21, 2017
Macroeconomic theory predicts that indebted countries have negative net foreign investment income, while creditor countries have positive flows. The US and China, however, are bucking the trend due to the idiosyncratic natures of both their currencies and governments. One element is China’s willingness, and the world writ large, to accept low returns on the dollar in exchange for stability. About...
Vera Songwe February 21, 2017
As Africa’s population grows and moves to urban areas, one major challenge facing the continent will be housing. McKinsey estimates that by 2025, over 90 percent of young people in Africa will live in urban areas. Policymakers and the private sector must work to make millions of new housing units available and affordable. Vera Songwe, writing for Brookings, urges governments to work with the...
Leslie Hook February 21, 2017
Vancouver, a beautiful city with mild weather on the Pacific coast, is fast-growing technology hub in need of skilled workers. A US crackdown on immigration has made the job of recruiting skilled immigrant workers from Seattle, San Francisco and Silicon Valley much easier. Companies like Apple, Microsoft, Google and Facebook oppose an executive order banning travelers from seven nations...
Katherine Murphy February 20, 2017
The rule of law gradually evolves to regulate emerging challenges and organize international relationships. “Globalization has led nation-states to interact in new ways, and other influential groups, such as multinational corporations and activist groups, to operate on an international level,” writes Katherine Murphy for the Heights. “These new types of interactions need standards of law to...
February 20, 2017
“War and a collapsing economy have left some 100,000 people starving in parts of South Sudan,” reports the government, United Nations agencies and the Sudan Tribune. “An additional one million people in the war-torn nation, the United Nations agencies projected, could be on the brink of famine.” As many as 5 million people in the north part of the country could be at risk by summer. The UN...
John Reed February 17, 2017
In a meeting with Israeli Prime Minister Benjamin Netanyahu, US President Donald Trump supported “really a great peace deal” and was noncommittal about the two-state solution for Israel and Palestine. “The two-state solution, under which a Palestinian state would be formed alongside Israel in the occupied West Bank, Jerusalem, and the Gaza Strip, has been a touchstone of US policy in the region...
Coco Feng February 17, 2017
Dubai, with a population of 2.7 million, is the largest city in the United Arab Emirates, and traffic congestion is a major complaint. The Dubai Roads and Transportation Authority is planning to allow remote-controlled drones work as taxis, and Chinese drone maker EHang Inc. announced “it will supply passenger-carrying drones to Dubai, which is aiming to become in July the world’s first city to...

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