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January 27, 2021

Nigeria
Nigerian Human Rights Activist Omoyele Sowore Released on Bail

In Nigeria, causation of arrests and release are murky, and the rumor mill operates overtime. Some Nigerians are suggesting that Omoyele Sowore was released because authorities are aware of the stronger human rights emphasis of the Biden administration.

Several Nigerian people are seen sitting for a protest, mostly wearing red and black. Human rights activist Omoyele Sowore is seen holding a sign that reads "#RevolutionNOW!" in red and black text. His shirt uses the same slogan.
Blog Post by John Campbell Africa in Transition

March 20, 2024

Economics
China Has Become a Major Source of Sovereign Default Risk

   

China Has Become a Major Source of Sovereign Default Risk
Blog Post by Benn Steil and Elisabeth Harding Geo-Graphics

February 11, 2015

China
Will China Bail Out Russia?

Russia’s foreign exchange reserves have fallen by nearly 1/3 since October 2013; they’ve fallen 20% just since September 2014.  Whereas the country still has over $300 billion in reserves, about $…

Will China Bail Out Russia?
Blog Post by Benn Steil and Dinah Walker Geo-Graphics

October 28, 2020

China
92 Percent of Trump’s China Tariff Proceeds Has Gone to Bail Out Angry Farmers

  

92 Percent of Trump’s China Tariff Proceeds Has Gone to Bail Out Angry Farmers
Blog Post by Benn Steil and Benjamin Della Rocca Geo-Graphics

March 20, 2009

Monetary Policy
Did the Fed bail out China by buying Treasuries?

No. Not really. At least not in the sense that is usually argued. China has no need to sell foreign assets like Treasuries to finance its domestic fiscal stimulus so long as it is running a lar…

Blog Post by Brad W. Setser Follow the Money