September 27, 2018Puerto Rico
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…
October 9, 2018International Finance
A technical post on the q2 global reserves and balance of payments data … wonky.
October 2, 2018Nigeria
Nigerians fear that flooding in October 2018 could be as bad as or worse than it was in 2012, when two million Nigerians were displaced and 363 died. In 2015, floods displaced 100,000 and led to 53 deaths. In 2016, 92,000 were displaced 38 died. In 2017, floods affected 250,000.