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International efforts, such as the Paris Agreement, aim to reduce greenhouse gas emissions. But experts say countries aren’t doing enough to limit dangerous global warming.
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March 5, 2014
Europe and Eurasia
Lew Does Not Need IMF Reform to Aid Ukraine
The new provisional government in Ukraine is seeking $15 billion in assistance from the International Monetary Fund. This would represent 700% of the country’s quota with the Fund, added on top o…
August 6, 2014
China
Is the BRICS Contingent Reserve Arrangement a Substitute for the IMF?
Russian President Vladimir Putin has hailed the new BRICS contingent reserve arrangement (CRA) as a substitute for the IMF, saying that it “creates the foundation for an effective protection of ou…
June 3, 2014
Europe and Eurasia
Mr. Draghi, Tear Down These Rates!
ECB President Mario Draghi was able to stabilize Eurozone nominal lending rates, which had been climbing dangerously in the periphery countries, with his famous do “whatever it takes” speech in Ju…
January 24, 2014
Europe and Eurasia
“The Euro Crisis Is Dead! Long Live the Euro Crisis!”
You’ve got to hand it to Mario Draghi. Never in the history of central banking has one man accomplished so much with so few words and even less action. Since having announced the creation of the…
