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September 27, 2018

Puerto Rico
Will the Proposed Restructuring of COFINA Bonds Assure Puerto Rico’s Return to Debt Sustainability?

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…

Will the Proposed Restructuring of COFINA Bonds Assure Puerto Rico’s Return to Debt Sustainability?

October 16, 2018

Sexual Violence
The Nobel Committee’s #MeToo Moment

The Norwegian Nobel Committee had its #MeToo moment last week, awarding its peace prize to two courageous leaders in the fight against sexual violence in armed conflict. 

Nobel Peace Prize 2018 winners Nadia Murad and Denis Mukwege.

October 12, 2018

United States
Happy 243rd Birthday to the U.S. Navy!

The U.S. Navy turns 243 years-old tomorrow. On October 13, 1775, the Continental Congress commissioned two ships, each with eighty sailors, “for intercepting such transports as may be laden with warl…

Navy Birthday 2018

October 9, 2018

International Finance
Russia, China, and (the Absence of ) Global Funding of the U.S. Fiscal Deficit…

A technical post on the q2 global reserves and balance of payments data … wonky.

Russia, China, and (the Absence of ) Global Funding of the U.S. Fiscal Deficit…

October 3, 2018

Yemen
America Is Not an Innocent Bystander in Yemen

This article first appeared here on ForeignPolicy.com on September 27, 2018.  Until the bombing of the USS Cole in October 2000, for U.S. policymakers, Yemen was a place of khat chews, faux touris…

Abdullah al-Khawlani sits by his son Waleed's grave, who was killed by last month's Saudi-led air strike that killed dozens, including children in Saada, Yemen September 4, 2018. His other son, Hafidh, who survived the strike, sits next to him.

October 2, 2018

Nigeria
Nigerian and U.S. Flooding Similar, Linked to Climate Change

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. 

Nigeria-Flooding-Kogi-State-Climate-Change

September 25, 2018

Women and Women's Rights
New Refugee Ceiling Disproportionately Hurts Female Refugees

The Trump administration announced intentions to lower the refugee ceiling in fiscal year 2019, a change that would disproportionately affect women and children, who represented 72 percent of refugee…

Central American asylum seekers, including a Honduran girl, 2, and her mother, are taken into custody near the U.S.-Mexico border on June 12, 2018 in McAllen, Texas.

September 24, 2018

China
How Did China Manage its Currency Over the Summer?

China still manages its currency. That’s hardly a shocking statement, I know. But I don’t fully subscribe to the view that China’s depreciation in the summer was simply a market move, given the dolla…

How Did China Manage its Currency Over the Summer?

September 21, 2018

Terrorism and Counterterrorism
Treatment of Terrorists: How Does Gender Affect Justice?

From arrest to sentencing to post-conflict reintegration and disarmament programming, evidence suggests that governments tend to be less responsive to women in terrorism compared to their male counte…

A Belgian police officer stands guard outside a courtroom during the trial of one of the suspects in the 2015 Islamic State attacks.

September 18, 2018

United States
The United States Air Force Celebrates Its 71st Birthday Today

The United States Air Force (USAF) turns 71 years-old today. On September 18, 1947, Chief Justice Fred Vinson swore in Stuart Symington as the first secretary of the air force, officially founding a …

Air Force Birthday 2018