112 Results for:

July 23, 2019

North Korea
Sino-U.S. Strategic Competition Impedes a Nuclear Deal With North Korea

The Chinese view an expanding North Korean nuclear program as hastening the erosion of American credibility throughout Asia, and eventually contributing to China’s assumption of the role of regional …

U.S. President Donald J. Trump and China's President Xi Jinping meet business leaders at the Great Hall of the People in Beijing, China, on November 9, 2017.

July 15, 2019

Renewable Energy
A New Dawn for Wind Energy Infrastructure After the Production Tax Credit Sunset

The wind industry is approaching the end of its federal financial support. Political leaders around the country are debating the best ways to continue supporting the wind industry.

Power-generating windmill turbines are pictured at sunset at a wind park in Cagnicourt near Cambrai, France, May 22, 2019.

February 26, 2019

Americas
Latin America’s Right Turn Could Draw Its Economies Closer

The ascent of leaders who favor free trade opens space for real integration.

Argentina's President Mauricio Macri shakes hands with Brazil's President Jair Bolsonaro during a meeting in Brasilia, Brazil January 16, 2019.

November 14, 2012

What Is the Fiscal Cliff?

Without timely action from Congress, the United States faces a drastic set of tax hikes and spending cuts at year’s end that could derail the nation’s fragile recovery and spill over into the global …

The dome of the U.S. Capitol is lit up in Washington, DC (Brian Snyder/Reuters).

November 27, 2012

Europe and Eurasia
Greece Hurtles Toward Its Fiscal Cliff

The United States marches solemnly towards its fiscal cliff, awaiting only the command from the Goddess of Reason to halt. Unfortunately for Greece, that country plugged its ears back in March. L…

Greece Hurtles Toward Its Fiscal Cliff

August 1, 2012

What is the Fiscal Cliff?

Without timely action from Congress, the United States is set to undergo a drastic set of tax hikes and spending cuts at year's end that could derail the nation's fragile economic recovery. The budge…

Cragged bluffs rise from the sea. (Courtesy Darren Harmon).

June 18, 2012

Trade
Morning Brief: Delaying the Fiscal Cliff

Current legislation calls for over $500 billion in spending cuts and tax increases at the end of 2012, a “fiscal cliff” that The Economist argues politicians should postpone. While acknowledging that…

Alan Simpson (R) and Erskine Bowles (L) testify before Congress in November 2011 about their commission's plan to attack long-term budget challenges through tax and entitlement reform, along with discretionary spending cuts (Jonathan Ernst/Courtesy Reuters).

December 12, 2012

Budget, Debt, and Deficits
The Fed and the Fiscal Cliff

One interesting footnote to the Fed’s decision today to introduce quantitative thresholds--that it expects to keep rates low at least as long as unemployment exceeds 6.5%, their inflation forecast do…

January 2, 2013

Budget, Debt, and Deficits
The Cliff Is Dead, Long Live the Cliff

Tuesday’s fiscal agreement defuses the fiscal cliff by deferring most tax hikes and pushing back the sequester.  A deal has been made, a financial crash avoided, and near-term growth prospects look r…

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?