August 2025

In the wake of the Asian financial crisis, the IMF is again facing calls for increased funding. In addition to bailing out financially troubled governments and companies, IMF loan programs also offer countries the opportunity to reform their economic policies and rethink their relationship with the international financial system. However, many important questions remain unanswered […]

The debt crisis affects millions of people across the globe – and it’s getting worse. When a person or company loses the ability to pay their debts, they go bankrupt. The same goes for governments. When a country’s debt load becomes too high, investors start to worry that it won’t be able to pay back […]

Until recently it seemed almost commonplace that the United States and other U.N. Security Council members would refer to violence in the former Yugoslavia and Rwanda as “ethnic cleansing.” This term has been widely used since 1992. It allows the perpetrators of these atrocities to avoid labeling them as genocide, which triggers mandatory international intervention […]