April 16, 2026
As the war in Iran continues, the costs and risks to the global economy are mounting. A new wave of efforts to boost energy security will likely follow.
May 14, 2024
Current U.S. military spending is higher than at any point of the Cold War in inflation-adjusted terms, but relatively low as a percent of national income.
June 9, 2021
The market for shipping services can influence trade flows, the products that countries sell, and how price shocks reverberate through trade.
July 22, 2025
The relatively short maturity structure of US government debt means that increases in interest rates translate rapidly into higher interest costs.
