Founded in 1970, Foreign Policy is a bimonthly magazine that covers several topics, such as global politics, economics, integration and ideas. It is published by the Slate Group, which is a division of The Washington Post Company. Foreign Policy publishes the annual Globalization Index and the Failed State listing. Its readers include people in business, government and other professional arenas throughout the United States and more than 150 other countries. The magazine is also published in Arabic, Bulgarian, French, Japanese, Portuguese, Korean and Spanish. Foreign Policy has received several awards and recognitions, including the National Magazine Award in 2003 and 2007. It has recently launched its online edition.