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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 derailing the U.S. eco...
Russia’s entry into the Syrian conflict has fundamentally altered its stand-off with the United States and Europe. Until Russia launched its first air strikes in Syria on September 30, the crisis in Ukraine was near the top of the international agenda. At the time, some still feared an escalation of the military conflict, or that Russia and Nato could sleepwalk int...
Professor Stefan Hedlund
Brazil is facing its worst crisis in 70 years. Its economy is mired deep in a recession that will last at least until 2017. The political scene is in disarray, with a president who was re-elected just a year ago now chastened by approval ratings in the single digits. No opposition leader or party is considered a viable replacement for the Workers’ Party, which has ...
Carlos Eduardo Lins da Silva