Sub-Saharan Africa: Key Issues and U.S. Engagement

Economic and Development Issues. Much of Africa experienced rapid economic growth starting in the early 2000s, reducing poverty and expanding the middle class in some countries. Since 2014, however, growth has slowed in many countries—and almost all continue to face high poverty rates and long-standing development challenges such as food insecurity and malnutrition, ineffective health… Continue Reading Sub-Saharan Africa: Key Issues and U.S. Engagement

Monetary Policy and the Federal Reserve: Current Policy and Conditions

Normally, the Fed conducts monetary policy by setting a target for the federal funds rate – the rate at which banks borrow and lend reserves on an overnight basis. It meets its target through open market operations, financial transactions traditionally involving U.S. Treasury securities. Beginning in 2007, the federal funds target was reduced from 5.25%… Continue Reading Monetary Policy and the Federal Reserve: Current Policy and Conditions

Missile Defense Review 2019

The 2018 National Defense Strategy (NDS) states that the Defense Department’s “enduring mission is to provide combat-credible military forces needed to deter war and protect the security of our nation.” This 2019 Missile Defense Review (MDR) is fully aligned with the NDS, writes acting US Defense Secretary Patrick Shanahan. The MDR was conducted pursuant to… Continue Reading Missile Defense Review 2019

Between Russia and Iran: Room to Pursue American Interests in Syria

President Donald Trump has underscored containing Iran’s sway as a key element in establishing a “strong and lasting footprint” in Syria as the United States moves toward bringing its Soldiers home. In pursuing this key American objective, this paper recommends that Washington take advantage of the “daylight” between Russia and Iran, and that it be… Continue Reading Between Russia and Iran: Room to Pursue American Interests in Syria