Geopolitical Power, Private Gain; Why Beijing Holds the Power in the Century Ahead; How a Stablecoin Could Preserve Dollar Dominance—or Shatter It
Foreign Affairs Today

February 19, 2026 | View in Browser

 
 

The Age of Kleptocracy

Geopolitical Power, Private Gain

By Alexander Cooley and Daniel Nexon

 

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At a solar-thermal power plant in Gansu, China, October 2024

Energy Dominance With Chinese Characteristics

Why Beijing Holds the Power in the Century Ahead

By Carolyn Kissane

 
Ukraine's President Volodymyr Zelenskiy and NATO Secretary General Mark Rutte visit a makeshift memorial for fallen Ukrainian defenders, amid Russia’s attack on Ukraine, at the Independence Square in Kyiv, Ukraine February 3, 2026.

Can America’s Allies Survive the Transatlantic Rupture?

A Conversation With Chrystia Freeland

The Foreign Affairs Interview

 
U.S. President Donald Trump after signing stablecoin legislation, Washington, D.C., July 2025

Trump’s Crypto Gamble

How a Stablecoin Could Preserve Dollar Dominance—or Shatter It

By Christopher Smart

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