The 1940s saw a series of movies with Bing Crosby and Bob Hope, starting with the Road to Singapore in 1940. The plot was always similar. Bing and Bob, two fast-talking con men or song-and-dance ...

This story was updated with new information. Last month, President Donald Trump signed an executive order aimed at reforming and overhauling the Federal Emergency Management Agency (FEMA). He had ...

The International Monetary Fund (IMF) has revised its balance of payments standards to incorporate digital assets. In the newly released seventh edition of its Balance of Payments Manual (BPM7), the ...

The concept of balance-of-payments-constrained economic growth has long served as a vital framework for understanding how external imbalances can limit long-run economic expansion. This approach ...

BALANCE of payments (BOP) forecasts have again been revised by the Bangko Sentral ng Pilipinas (BSP), which now sees a smaller deficit this year but a significantly wider one in 2026. Revised ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. China’s GDP statistics are widely thought to be, well, works of performance art.

MANILA -- The Philippines again posted a balance of payments (BOP) deficit of $2.6 billion in April, higher than the $639 million deficit seen in the same month last year. The country also posted a ...