September 19, 2018United Nations General Assembly
Next week Donald J. Trump returns to the United Nations for the annual opening of the UN General Assembly. While Trump exceeded expectations during his first UN appearance last year, he will face mor…
October 3, 2018Angola
Recent news out of Angola has raised the stakes in new President Joao Lourenco’s push to differentiate his tenure from that of his predecessor. Though he became president in September 2017, it was not until a year later that Lourenco assumed control of the ruling party, the Popular Movement for the Liberation of Angola (MPLA), significantly bolstering his authority.
October 2, 2018Nigeria
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.
September 27, 2018Puerto Rico
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…
July 16, 2018Puerto Rico
Sales tax revenues have recovered. Fiscal year 2019, which started in July, should be a good year thanks to Federal disaster aid. The real question though is what happens when Federal aid starts to f…
February 22, 2018Puerto Rico
Puerto Rico’s latest fiscal plan appears to use a best case scenario as its base case. It consequently doesn’t provide a realistic benchmark for evaluating Puerto Rico’s long-run capacity to pay.
July 2, 2018Mexico
Yesterday, Andrés Manuel López Obrador, best known by his initials, AMLO, won Mexico’s presidential election decisively. After 18 years on the campaign trail, including two previous failed presidential runs, thousands of rallies, and, by his count, a visit to every one of Mexico’s 2,400 municipalities, the Tabasco-born politician received the support of 53 percent of voters at the polls, according to an offical rapid count by electoral authorities. Meanwhile, the National Regeneration Movement (MORENA), López Obrador’s four-year-old political party, gained a majority in congress, and a majority of the nine governorships up for grabs.