Will Central Bank Digital Currencies Doom Dollar Dominance?
Some say that issuance of central bank digital currencies will transform the international monetary status quo by eroding the US dollar’s dominance of cross-border payments and greatly reducing transaction costs. But this is not going to happen.
What Russia, China, Iran Want in Afghanistan When U.S. Troops Leave
Russia, China and Iran, all influential powers in Asia, are preparing for the U.S. military to leave Afghanistan at a time of aggravated tensions and soaring violence in the war-torn nation with which they have unique and historical ties...
The Assassination of Haiti’s President Provides more Questions than Answers
The murder of Haiti’s President Moise seems to be something out of a novel. It has the intrigue of a Fredrick Forsyth novel and the complexity of an Agatha Christie murder. It has Americans, Columbians, and Venezuelans involved....
Will the economic recovery survive the end of emergency stimulus?
Many economists worry that economies in the rich world could face a similar fate. The past 18 months of lockdowns have left surprisingly few economic scars. A brisk recovery is under way. But has the damage from covid-19 been avoided, or merely deferred?