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November 24, 2015

Europe and Eurasia
How Low Can Mario Go?

In September 2014 the European Central Bank lowered its deposit rate to an all-time low of -0.2 percent, after which ECB President Mario Draghi declared that rates were “now at the lower bound.” W…

How Low Can Mario Go?

February 23, 2005

United States
Monty Python takes on Asian reserve accumulation

This is too good for me not to link to it.Billmon has reduced the Roubini-Setser critique of Bretton Woods 2 down to its essential elements.The Lex column in the Financial Times covers similar ground…

February 8, 2013

Politics and Government
The World Next Week: Obama Gives the State of the Union Address, Mario Draghi Visits Spain, and Bahrain’s Monarchy Talks to the Opposition

The World Next Week podcast is up. Bob McMahon and I discussed President Obama’s State of the Union address, European Central Bank (ECB) president Mario Draghi’s speech to the Spanish parliament, and…

President Barack Obama delivers the 2012 State of the Union address to a joint session of Congress (Kevin Lamarque/Courtesy Reuters).

February 14, 2024

Ecuador
Can Ecuador Avoid Becoming a Narco-State

Criminal groups have captured parts of the state. A broad political coalition must fight corruption and root them out.

Photo of Ecuadorian President Daniel Noboa

March 19, 2013

Europe, Italian-Style

Last summer, after two years of growing uncertainty, systemic risk in the eurozone finally began to wane, as conditional commitments came together. Italy and Spain offered credible fiscal and growth-…

Outgoing Italian prime minister Mario Monti speaks during a news conference at a European Union leaders summit to discuss the EU's long-term budget on February 8, 2013 (Eric Vidal/Courtesy Reuters).