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March 21, 2007

Financial Markets
The dollar is no longer a high carry currency …

That at least is what the market seems to think.  The carry trade has bounced back. The Australian dollar -- a high carry currency -- is setting new highs (v. the US dollar at least).  The kiwi has r…

November 28, 2007

Politics and Government
Voting in Venezuela

This Sunday Venezuelans will vote on a referendum comprising 69 changes to the existing Constitution. Many of these push the country further toward Chavez’s 21st Century Socialism, expanding pensions…

November 5, 2008

Mexico
Mexico’s Interior Minister Dies

While the world was glued to televisions waiting for the result of the U.S. elections last night, Mexico lost one of its most important leaders in its struggle against organized crime and drug traf…

Mexico’s Interior Minister Dies

November 20, 2008

Americas
Latin America and the Financial Crisis

Here is a piece I authored with my colleagues at the Council on Foreign Relations on the effects of the world financial crisis in Latin America. It originally appeared here. Latin America: Not So …

Latin America and the Financial Crisis

March 8, 2009

Financial Markets
The shadow financial system – as illustrated in three new papers that cut through the London fog

Gordon Brown wants to shine a bit more light on the shadow financial system (hat tip IPEZone). One plank of his G-20 action plan is: "reform of international regulation to close regulatory gaps so …