Council of Councils
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
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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…
December 5, 2007
China
Competition — and coordination — within the Chinese state as China goes forth
Today’s Financial Times has an important article by Geoff Dyer and Sundeep Tucker examining the overseas expansion of Chinese companies in general, and Chinese state companies in particular. It is a…
January 24, 2008
Financial Markets
Property without power?
Diplomatic sovereign wealth funds argue, more or less, that they have no desire for power - so there should be no restrictions on their ability to accumulate property. Those hoping for a cut of the S…
July 22, 2014
Politics and Government
Hello, Joko “Jokowi” Widodo: President of Indonesia
Sometimes sure things turn out not to be so sure. Just ask Joko Widodo, who is better known to his fellow Indonesians as “Jokowi.” At the start of 2014 he was expected to win Indonesia’s presidential…
October 4, 2005
Financial Markets
Forget China, let’s talk about oil
Not the oil price per se, but what oil producers are doing with all the coin that comes with high oil prices. I have rattled on and on about how China's current account surplus is on track to reac…