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William Rhodes and Stuart Mackintosh:Global food crisis demands urgent Western responseRussian President Vladimir Putin’s invasion of Ukraine shocked the world, forced Western countries to respond, and is driving up the cost of energy and food across the globe. High prices in the United States may spell electoral disaster for President Joe Biden’s administration in November’s congressional elections. However, the most urgent economic, social, and human crises are unfolding in poorer countries where populations face war, spillover-driven inflation, and more expensive foreign-currency debt. |
Mon, Jul 25, 2022 | Reuters![]() |
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Harry G. Broadman:Putin Clipped The G7's Summit CommitmentsVladimir Putin might as well have been present at the G7 Leaders’ Summit in Bavaria’s Schloss Elmau in June. While the communiques issued at these annual events rarely make for exciting reading, the one choreographed by the Germans this year declares commitments marked by mild ambition, a dearth of concreteness, and few goals whose attainment can be easily measured. |
Thu, Jun 30, 2022 | Forbes![]() |
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Anthony Elson:The Need for WTO ReformThe recent WTO Ministerial Conference MC12 that concluded on June 17 has been hailed as an important achievement of the WTO, given its agreement on a number of substantive issues that have been under discussion for some time, as listed in the MC12 Outcome Document. |
Mon, Jul 18, 2022 | The Bretton Woods Committee |
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Bill Dudley:What It Will Take for the Fed to Tame InflationDevelopments in the US economy have recently been going the Federal Reserve’s way, with price pressures peaking even as economic growth and strong payroll gains have been sustained. But don’t be fooled: The task of getting inflation back to the Fed’s 2% target remains extremely daunting, both practically and politically. |
Thu, Jul 14, 2022 | Bretton Woods Committee |
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Jason Schenker:Prestige Economics' Schenker on US JobsJason Schenker, president and chief economist at Prestige Economics, discusses the latest jobs data out of the US and outlook for emerging market bonds. He speaks with Bloomberg's Kathleen Hays and Haidi Stroud-Watts on "Bloomberg Daybreak: Australia." (Source: Bloomberg) |
Mon, Jul 11, 2022 | Bretton Woods Committee |
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Lorenzo Bini Smaghi:How the ECB can tackle fragmentation in the eurozoneThe European Central Bank is faced with a dilemma. It needs to tighten monetary policy in order to rein in unexpectedly high inflation and at the same time prevent fragmentation of financial markets across the eurozone. This article requires a Financial Times subscription. |
Fri, Jun 24, 2022 | Financial Times![]() |
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William Dudley:Fed's Forecasts 'Remarkably Optimistic': William DudleyFormer Federal Reserve Bank of New York President Bill Dudley, a Bloomberg Opinion contributor, says the Federal Reserve's forecasts are "becoming more realistic but they are still unrealistic." He speaks on Bloomberg Television following the decision by the Fed's policy-setting Federal Open Market Committee to raise rates by 75 basis points, the biggest increase since 1994. Dudley's opinions are his own. (Source: Bloomberg) |
Wed, Jun 15, 2022 | Bloomberg | Opinion |
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Harry G. Broadman:Germany’s Chaired G7 Summit Is A Watershed Opportunity For Leading Democracies To Capitalize On Teetering Authoritarian EconomiesWhen German Chancellor Olaf Scholz convenes the 48th summit of the other leaders of the G7 nations on the grounds of Schloss Elmau castle in the Bavarian Alps late next month, the political economy environment in which the globe’s leading industrialized democracies find themselves is startling different from the previous G7 summit, chaired by the U.K. just 12 months ago. |
Tue, May 31, 2022 | Forbes![]() |
William Rhodes and Stuart Mackintosh:Does the G20 Have a Future?Just when the world desperately needs more international cooperation to address common problems, the principal mechanism for coordinating such efforts is all but defunct. Its decline is both a harbinger and a cause of the global turmoil that awaits. |
Mon, Jun 13, 2022 | Project Syndicate![]() |
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Anna Breman and Stefan Ingves:Climate: IMF conditionality could increase the speed and efficiency of climate financingLast year, the members of the International Monetary Fund (IMF) approved an allocation of special drawing rights (SDRs) of USD 650 billion, the largest allocation in the history of the IMF. Since then, a new financing instrument at the IMF is being discussed, largely financed by these new SDRs. |
Fri, May 20, 2022 | The Bretton Woods Committee |