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A narrow, paved alleyway is covered by a canopy of red and white flags and portraits of a man hanging from wires overhead. Below, a few men are scattered throughout the street. On the left, a man sits on a plastic chair next to a table, looking at his phone. In the center, two men sit at another table conversing with a man standing nearby. To the right, another man sits alone against a brick wall. Two white cars are parked in the middle of the alleyway.
A narrow, paved alleyway is covered by a canopy of red and white flags and portraits of a man hanging from wires overhead. Below, a few men are scattered throughout the street. On the left, a man sits on a plastic chair next to a table, looking at his phone. In the center, two men sit at another table conversing with a man standing nearby. To the right, another man sits alone against a brick wall. Two white cars are parked in the middle of the alleyway.

Authoritarian Transformation in Istanbul’s Old City

Two new books seek to capture the changing reality of Turkey and the world.

Sheinbaum stands at a podium as she raises one fist in the air. Behind her is a mural with images including the Mexican flag and a woman painted in grayscale against another flag.
Sheinbaum stands at a podium as she raises one fist in the air. Behind her is a mural with images including the Mexican flag and a woman painted in grayscale against another flag.

As Trade Talks Begin, U.S.-Mexico Ties Falter

Bilateral relations have reached a breaking point at a crucial moment for the USMCA.

A monochrome image in shades of bright green. On the left, a large, detailed old coin shows an embossed figure in profile alongside texturing and historical lettering. In the center, the portrait section of a modern U.S. one-dollar bill is visible, showing a man's face looking forward within an oval frame, flanked by serial numbers and the text "FEDERAL RESERVE NOTE." On the right side, intricate, swirling patterns and geometric linework characteristic of paper currency.
A monochrome image in shades of bright green. On the left, a large, detailed old coin shows an embossed figure in profile alongside texturing and historical lettering. In the center, the portrait section of a modern U.S. one-dollar bill is visible, showing a man's face looking forward within an oval frame, flanked by serial numbers and the text "FEDERAL RESERVE NOTE." On the right side, intricate, swirling patterns and geometric linework characteristic of paper currency.

The Dollar Was—and Remains—an Accident

As a new book shows, the dollar isn’t really the United States’ currency, but a 500-year-old relic.

China

In this pool photograph distributed by the Russian state agency Sputnik, from left to right, Russian President Vladimir Putin walks with Chinese President Xi Jinping and North Korean leader Kim Jong Un in Tiananmen Square in Beijing.
In this pool photograph distributed by the Russian state agency Sputnik, from left to right, Russian President Vladimir Putin walks with Chinese President Xi Jinping and North Korean leader Kim Jong Un in Tiananmen Square in Beijing.

China Needs North Korea on Its Side This article has an audio recording

Europe

A Swiss political poster depicts US President Donald Trump, with the French slogan "Isolating ourselves from Europe? Certainly not now!" in Lausanne, on May 25.
A Swiss political poster depicts US President Donald Trump, with the French slogan "Isolating ourselves from Europe? Certainly not now!" in Lausanne, on May 25.

Europe Is Slowly Getting Ready to Ditch America This article has an audio recording

Americas

Arthur Gea of France plays a forehand during his men’s singles first-round match against Karen Khachanov during the 2026 French Open in Paris.
Arthur Gea of France plays a forehand during his men’s singles first-round match against Karen Khachanov during the 2026 French Open in Paris.

What in the World?

The print cover for the Spring 2026 issue of FP: The World After Trump.
The print cover for the Spring 2026 issue of FP: The World After Trump.
An illustration with a world map background texture and fire cutting through three rings in the map with three human figures inside.
An illustration with a world map background texture and fire cutting through three rings in the map with three human figures inside.

Three Scenarios for a Post-Trump World

Ten years hence, the world will look very different. This article has an audio recording

An illustration shows a green dragon grappling with a gas pump, both wrapped around a globe.
An illustration shows a green dragon grappling with a gas pump, both wrapped around a globe.

Electrostates vs. Petrostates

China is building a new green bloc, while the United States is doubling down on oil. This article has an audio recording

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Shadow-government-democrats-blue-cutout-3-2

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Subscribers’ Picks

U.S. President Donald Trump and Chinese President Xi Jinping react after posing for photos ahead of a bilateral meeting at Gimhae Air Base on October 30, 2025 in Busan, South Korea.
U.S. President Donald Trump and Chinese President Xi Jinping react after posing for photos ahead of a bilateral meeting at Gimhae Air Base on October 30, 2025 in Busan, South Korea.

Chinese Hegemony Might Be Happening

There were always reasons to doubt it was a real possibility—until now.

A person on a waterfront promenade holds a long, vibrant red dragon streamer with yellow characters painted on it. In the background, the sun sets behind a dense skyline of modern skyscrapers.
A person on a waterfront promenade holds a long, vibrant red dragon streamer with yellow characters painted on it. In the background, the sun sets behind a dense skyline of modern skyscrapers.

There’s No Need to Fear China’s Economy

Beijing can’t easily afford to escalate any economic struggle with Washington. This article has an audio recording

Two men in dark suits stand side-by-side in a large, paved outdoor courtyard. The man on the left wears a bright red tie and looks off to the side with a serious expression. The man on the right wears a burgundy tie and has a slight smile. In the background, a large, multi-tiered circular traditional building with a blue roof and ornate details stands under a pale sky. A person in a dark uniform is visible in the far distance to the right.
Two men in dark suits stand side-by-side in a large, paved outdoor courtyard. The man on the left wears a bright red tie and looks off to the side with a serious expression. The man on the right wears a burgundy tie and has a slight smile. In the background, a large, multi-tiered circular traditional building with a blue roof and ornate details stands under a pale sky. A person in a dark uniform is visible in the far distance to the right.

The Trump-Xi Summit Was Remarkably Banal

A more confident China is happy to downplay presidential visits. This article has an audio recording

Two men in dark suits standing outdoors. Donald Trump turns slightly toward Xi Jinping with his mouth open and his palms held upward in a gesturing motion. He wears a bright red striped tie. Xi has a slight smile, looking forward. He wears a dark burgundy tie. The background consists of blurred gray stone steps and a red carpet.
Two men in dark suits standing outdoors. Donald Trump turns slightly toward Xi Jinping with his mouth open and his palms held upward in a gesturing motion. He wears a bright red striped tie. Xi has a slight smile, looking forward. He wears a dark burgundy tie. The background consists of blurred gray stone steps and a red carpet.

Both Trump and Xi Overestimate Themselves

Elites in both China and the U.S. are too easily tempted to buy into their own myths. This article has an audio recording

Visual Stories

Strait-of-hormuz-Supply-chain-infographic-override
Strait-of-hormuz-Supply-chain-infographic-override

No Commodity Is Safe From the Iran War

From Diet Coke to condoms, the world’s supply chains have faced surprising downstream disruptions.

A woman in a black cloak and head covering walks through a dirt area with mounds of earth and some greenery in pots atop gravesites.
A woman in a black cloak and head covering walks through a dirt area with mounds of earth and some greenery in pots atop gravesites.

The Lost Children of Minab

It has been one month since missiles struck a school in the Iranian port town.

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