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April 16, 2014

Europe and Eurasia
Should the ECB Go on a Bund Buying Spree?

Should the European Central Bank finally join the Fed, the Bank of England, and the Bank of Japan and deliver a good, stiff dose of Quantitative Easing? Maybe, came the surprise response from the…

Should the ECB Go on a Bund Buying Spree?

February 11, 2014

Budget, Debt, and Deficits
“It’s the Growth, Stupid” (Or Half of It): Unemployment in North Carolina

In July, North Carolina cut off unemployment benefits for those who have been on benefits for 19 weeks, down from 99.  This made it a test run for what would happen nationally after January 1, whe…

“It’s the Growth, Stupid” (Or Half of It): Unemployment in North Carolina

October 19, 2009

Economic Crises
Gauging the Dollar Decline

CFR’s Benn Steil says the dollar’s continuing decline could result in higher prices for major imports like energy and, in a worst-case scenario, might lead to higher inflation and interest rates.

June 23, 2015

Europe and Eurasia
Greece and Its Creditors Should Do a Guns-For-Pensions Deal

IMF Chief Economist Olivier Blanchard has said that Greece needs to slash pension spending by 1% of GDP in order to reach its new budget targets.  The Greek government continues to resist, arguing…

Greece and Its Creditors Should Do a Guns-For-Pensions Deal

February 25, 2014

China
Was Ukraine Tapered?

For Ukraine’s beleaguered bond market, the seminal event of 2013 was Ben Bernanke’s now-famous taper talk of May 22.  As today’s Geo-Graphic shows, it sent yields soaring to levels they never came…

Was Ukraine Tapered?