The IMF's forecasts for Venezuela
9 August 2018
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Opinion: Pieces still not in place for Maduro’s fall
Venezuela’s crisis will only end when there is a clear exit path for President Nicolas Maduro and his cohorts, and a unified, viable opposition that could take power. So far, neither of those have materialized, meaning Venezuela’s crisis will likely not end anytime soon. When it does, it will be ...
Dr. Joseph S. Tulchin
A weekly summary, plus unique comments from Prince Michael of Liechtenstein
Euro crisis: time for a rerun?
After Greece obtained its third bailout last summer, Europe turned its attention to other crises. But it would be naive to conclude that the sovereign debt crisis is over. The Greek drama is still far from a happy ending; in Portugal and Spain, fragile left-wing governments may want to abandon ...
Dr. Michael Wohlgemuth
Europe at a crossroads: toward a global strategy
The European Union plans to adopt a “Global Strategy” for its foreign and security policies (EGS) at its June 22 summit. The document is the result of years of reflection on the increasing complexity of Europe’s external relations and interconnections. A fundamental problem for the EU is that neither its ...
Dr. Uwe Nerlich
Fed-engineered recession may speed dollar bloc’s collapse
The year has not started well for global financial markets. Undoubtedly, one reason that stocks have slumped is that the United States Federal Reserve under Janet Yellen has started to raise interest rates and signaled that more hikes are coming. The hawkish stance of Ms. Yellen’s Fed not only risks ...
Kadyrov’s gambit: deciphering the antics of Chechnya’s leader
As Russia sinks deeper into economic crisis, the political games being played in that country have become increasingly alarming and difficult to interpret. The latest is a series of pointed threats against the political opposition, issued by Ramzan Kadyrov, the hardline leader of Chechnya. What is Mr. Kadyrov playing at, ...
Professor Stefan Hedlund