Member Views

The yen’s travails in an era of geopolitical rivalry

BWC member, Hung Tran, writes about the pressure that the yen, and other currencies, feel during a time of dollar strength and in the current geopolitical context. 

There’s a revealing puzzle in the China tariffs

On Monday, China announced new tariffs on $60 billion of U.S. exports, and the United States threatened new tariffs on up to $300 billion of Chinese goods.

There’s No Magic in How SDRs Help the Poor

A new SDR allocation would provide liquidity to many emerging and developing countries that today have severely limited access to external financing.

These Reforms Can Help Stop Digital Bank Runs

"Reform is urgent, since banking crises can happen at any time and a possible recession is looming. At the same time, the Biden administration should proceed carefully, given the important ramifications of the measures in question."

Thomas Foley

This week we welcome new member Thomas Foley, director and senior counsel at TD Securities USA.

Thomas's practice focuses on global financial services.

We appreciate his support for our work and look forward to his engagement!

Tim Goodell

BWC would like to welcome new member Tim Goodell, managing director and head of institutional investor sales at BBVA, where he oversee a New York-based fourteen person institutional investor sales team. They trade foreign exchange, derivatives, and local and external debt of Latin American and Turkish issuers. ESG is also a key focus of the team, which also trades Iberian and US corporate and government bonds with clients in the USA and Canada.

Time for China to Use Its Influence with Putin to Create Room for Peace

"If China wants to lead," writes BWC vice-chair Bill Rhodes in an op-ed for the South China Morning Post, "the country should do so on Ukraine by creating pressure for and room for a deal, rather than siding with the aggressor and sliding into being an active military supplier to Russia."

To Defeat COVID, Bring America's Full Power to the International Fight

The stakes are immeasurably high for the global community to get this right. The world needs US resources, conflict resolution and democracy support.

To Stop a New Round of Emerging-Market Debt Defaults, Send in the Volunteers

"The US can draw on its deep reservoir of sovereign-debt advisory and analytical talent to provide a missing honest broker in today's multiparty, multidimensional standoff," writes BWC member Gary Kleiman.

Torsten Sløk

This week we welcome new member Torsten Sløk, chief economist at Apollo Global Management.

He has previously been an economist for Deutsche Bank, the OECD, and the IMF.

We appreciate his support for our work and mission, and we look forward to his engagement!