Finance
Where does bitcoin fit in the currency crisis?
At every turn, Bitcoin supporters say their anonymous cryptocurrency is the solution for countries in currency crisis. Despite its other shortcomings, bitcoin has a use in places like Argentina, but
Why Economists and markets disagree on Fed rate hike timing
Economists and the Federal Reserve officials are increasingly resolute that interest rates will rise in 2015, but markets are expecting rates to rise slightly later than they did last quarter.
Ukraine edges closer to deal with creditors
As Ukrainian negotiators and private bondholders continue talks, both sides have a growing incentive to reach a compromise. Ukraine’s economy, which has continued to suffer in wake of negotiations, hinges on
Is the time ripe for a new global reserve currency?
China’s push for the adoption of a super-sovereign reserve currency points to a possible larger role for IMF’s Special Drawing Rights (SDR). The current international monetary system is a historical
US, China at odds as IMF currency basket decision approaches
The Chinese yuan looks poised to join a symbolically important international currency basket but differences over its valuation remain between the US and China. US Treasury Secretary Jack Lew made
Now’s really not the time for a liquidity crisis
Liquidity risk in the global bond markets is peaking at the worst possible time. It’s not simply an inconvenience for Greek bank customers emptying ATMs; a number of other trends
Saudi Arabia: An Emerging Frontier?
Saudi Arabia has a solid economic track record and is taking steps to become more included in global financial markets. This includes the Morgan Stanley Capital International (MSCI) Emerging Markets
Argentina’s choice in October elections will determine investor behavior
Taking into consideration the upcoming presidential election in Argentina, most investors are reluctant to increase their portfolio allocations in the South American country. Opportunities are lining up, though, and investors
AIIB offers mix of risks and opportunities for investors
The AIIB seeks to promote multilateralism in the Asia-Pacific region, spur loan competition, and reform Chinese approaches to finance and lending. Many of the prospective Asian members and non-Asian partners of the
Private sector debt in EMEs poses risk as US dollar appreciates
A latent risk associated with probable increases in interest rates is the currency composition of debt issued by non-financial corporations in emerging markets. The Fed is expected to begin raising
