Archive
How will the Fed normalize monetary policy post-taper?
As the Federal Reserve continues to reduce the pace of asset purchases, attention has turned to the impending rise in interest rates. But to control short-term rates, the Fed will
Argentina’s debt restructuring options limited
On June 16th, 2014, the U.S. Supreme Court ruled in favor of NML Capital Ltd (NML) over the Republic of Argentina in a major debt settlement case. The ruling has implications not
ISIL in Iraq Series: What is in it for Iran?
ISIL’s recent territorial gains pose a significant threat to the security and stability of Iraq and its neighbors. For Iran, however, ISIL threatens to topple its most significant regional trading
3 reasons economists keep forecasting growth wrong
The Fed and IMF again downgraded US growth projections, as they have done repeatedly for the last five years. When the Federal Reserve and the IMF downgraded their forecasts for
China’s mortgages pose risk to financial system
Zero-down payment mortgages in China suggest an increasingly risky Chinese financial system, with symptoms similar to those seen leading up to the U.S. credit crisis. Home buyers all over China, from Guangzhou and
ISIL in Iraq Series: What does ISIL mean for Iraqi Kurdistan?
The Islamic State of Iraq and the Levant (ISIL) has moved onto the Kurdistan Regional Governorate’s doorstep, killing and plundering its way from Mosul to near Baghdad. Some champions of Kurdistan see
Moldova Elections 2014: 5 Things to Watch
Moldova’s upcoming elections in November present short-term and long-term political risks. Here are five specific events to watch in the coming months. 1. Short-term support for the European Union The situation in Moldova
Iran-South America trade suffers as relations thaw with the West
Iran’s relations with South America under former president Ahmadinejad now face a decline in economic cooperation, as Iran mends its ties with the United States. Will improved relations between Iran and the
ISIL in Iraq Series: New enemies challenge ISIL’s continued advance
ISIL has conquered substantial territory in past weeks, but also gained new enemies. The increased focus on and military contra against ISIL means that the group cannot continue for long.
Will Modi achieve ‘minimum government, maximum governance?’
India’s new Prime Minister Modi seeks to cut the federal government and make it more efficient. Yet, there are significant challenges to overcome before he can improve the efficiency, effectiveness and