If net exports had contributed as strongly to US GDP growth over the past three years as they have contributed to Chinese GDP growth, the US would not have a current account deficit - and the US woul…

Puerto Rico’s government and the bulk of the holders of Puerto Rico’s Sales tax backed bonds (COFINA) appear to have reached agreement on restructuring terms (details here). The deal will reduce Puer…

The Treasury doesn't want to declare China to be guilty of manipulation.   Picking a fight with one of your biggest creditors isn't smart.  Right now, no one is buying more US debt (China buys a lot …

During Mexico’s 2012 presidential election, many political pundits voiced their fears that the PRI’s return would bring a resurgence of the country’s less democratic past. According to new polling da…