1,653 Results for:

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 18, 2018

Italy
Does Italy Threaten a New European Debt Crisis?

Italy’s populist government has relished defying the European Union, and its latest showdown with Brussels could threaten the continent’s fragile recovery—and the global economy.

Conte

October 18, 2018

Venezuela
What Latin America Should Tell China About Venezuela

Bankrolling the region’s biggest humanitarian disaster won’t win Beijing many friends.

Venezuelan Foreign Minister Jorge Arreaza (2nd L) talks with China's Foreign Minister Wang Yi (2nd R) during a meeting at the Ministry of Foreign Affairs in Beijing on December 22, 2017.

October 17, 2018

Zimbabwe
Zimbabwe’s Falling Expectations

Zimbabwe is experiencing an economic crisis that is neither surprising nor terribly illuminating.

Supporters of President Emmerson Mnangagwa's ruling ZANU-PF party celebrate after the Constitutional Court confirmed Mnangagwa's disputed July 30 election victory in Harare, Zimbabwe August 24, 2018.

October 16, 2018

Cybersecurity
New Cyber Brief: Disinformation on Steroids

Deep fakes are a profoundly serious problem for democratic governments and the world order. A new Council on Foreign Relations Cyber Brief argues that a combination of technology, education, and publ…

Deep fake obama

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…

September 25, 2018

Monetary Policy
Good News! The Federal Reserve is Surviving the Trump Era.

Improbably, the Federal Reserve is surviving the Trump era with its integrity intact. Jerome H. Powell, the Fed chairman since February, is quietly emerging as a skilled Washington operator.

Federal Reserve Board Chairman Jerome Powell testifies before a Senate Banking Housing and Urban Affairs Committee hearing.

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 20, 2018

International Finance
Three Sudden Stops and a Surge

Reflections on the Global Financial Crisis, through the lens of the U.S. balance of payments.

Three Sudden Stops and a Surge

September 13, 2018

Turkey
Could A Coalition of the “Friends of Turkey” Ride to Turkey’s Financial Rescue?

Turkey is in a bit of financial trouble. It isn’t clear that today's rate hike on its own will be enough. The rate hike will make the lira a bit more attractive to foreign investors (and will raise t…

Could A Coalition of the “Friends of Turkey” Ride to Turkey’s Financial Rescue?