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May 17, 2008

Capital Flows
Norway was against Iceland before it was for Iceland

In 2006, Norway’s Government Pension Fund (Global) -- managed by Norges Bank Investment Management – famously bet against Iceland’s banks. Norway claimed this was just business; Norges Bank believed…

Blog Post by Brad W. Setser Follow the Money

July 12, 2010

Europe and Eurasia
Post-Crisis Iceland: Miracle or Illusion?

Paul Krugman recently wrote that Iceland had experienced a “Post-Crisis Miracle,” driven by devaluation and capital controls.  He based his conclusion on the figure below, which compares Iceland’s ch…

Post-Crisis Iceland: Miracle or Illusion?
Blog Post by Benn Steil and Dinah Walker Geo-Graphics

March 18, 2021

Heads of State and Government
John Magufuli, Tanzania’s COVID-Denying President, Dies

Vice President Samia Suluhu, announcing President John Magufuli’s death yesterday, said the president died from a heart condition, and that he had been treated at two different hospitals in Dar es Salaam.

A copy of the Tanzanian newspaper "The Citizen," with the headline "Nation mourns," shows a picture of recently deceased President John Magufuli after his death was announced yesterday. In the bottom left, a picture of soon-to-be-president Samia Suluhu.
Blog Post by Guest Blogger for Africa in Transition Africa in Transition

September 12, 2019

Election 2020
John Delaney on U.S. Foreign Policy

The ten leading Democratic presidential candidates square off at 8 p.m. (EST) tonight in Houston for a third round of debate. ABC News and Univision will be televising the exchange. We’ll see if toni…

John Delaney
Blog Post by James M. Lindsay The Water's Edge

February 27, 2006

Financial Markets
A butterfly flapped its wings in Iceland …

If you read the financial press closely, it was hard not to learn a bit about the Icelandic krona over the past week.   The krona pays a high interest rate, you see - enabling Iceland to attract the …

Blog Post by Brad W. Setser Follow the Money