World Economic Update

Tuesday, September 11, 2007
Speakers
Stephen S. Roach
Chief Economist and Managing Director, Morgan Stanley
Peter Hooper
Managing Director and Chief U.S. Economist, Deutsche Bank Securities
Robert J. Shiller
Stanley B. Resor Professor of Economics, Yale University
Presider
Daniel K. Tarullo
Professor of Law, Georgetown University Law Center

What happened in the markets during August? Is the credit squeeze about to ease, or there is more pain to come?  What impact will the financial turmoil of the last month have on the real economy? And what does thisepisode tell us about the stability (or fragility) of contemporary financial markets? This quick-hit edition of the World Economic Update will address these and related questions.

7:45 - 8:00 a.m. Breakfast
8:00 - 9:15 a.m. Meeting

Top Stories on CFR

Mexico

Organized crime’s hold on local governments fuels record election violence; Europe’s cocaine pipeline shifting to the Southern Cone.

Defense and Security

John Barrientos, a captain in the U.S. Navy and a visiting military fellow at CFR, and Kristen Thompson, a colonel in the U.S. Air Force and a visiting military fellow at CFR, sit down with James M. Lindsay to provide an inside view on how the U.S. military is adapting to the challenges it faces.

Myanmar

The Myanmar army is experiencing a rapid rise in defections and military losses, posing questions about the continued viability of the junta’s grip on power.