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

The European Union: Ongoing Challenges and Future Prospects

The European Union (EU) is a unique partnership in which member states have pooled sovereignty in certain policy areas and harmonized laws on a wide range of economic and political issues. The EU is the latest stage in a process of European integration begun after World War II, initially by six Western European countries, to… Continue Reading The European Union: Ongoing Challenges and Future Prospects

Honduras

Honduras, a Central American nation of 9 million people, has had close ties with the United States for many years. The country served as a base for U.S. operations designed to counter Soviet influence in Central America during the 1980s, and it continues to host a U.S. military presence and cooperate on antidrug efforts today.… Continue Reading Honduras