Carnegie Endowment for International Peace
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Cryptocurrencies were always a solution looking for a problem. Running on top of a blockchain, they were supposedly a currency that was not manipulable by governments and whose value was therefore more secure.
Turkey has begun to take steps toward a more coherent economic policy, but its outcome will ultimately be determined by President Recep Tayyip Erdogan.
The outbreak of Covid-19, which first hit Tunisia in February 2020, days after the formation of the new government, is a massive test for the Tunisian government and people, particularly those in the traditionally marginalized southern and interior regions.
Although Wall Street would be ferociously opposed to policies that limit the unfettered flow of capital around the world, the right polices could sharply reduce the economic disruption wreaked on workers, producers, farmers, and the middle class.
The data also showed that industrial production was 5.6 per cent higher and the data left most analysts convinced that China’s recovery from the ravages of the Covid-19 pandemic was both solid and sustainable.
Borrowing from the World Bank not only makes economic sense for China but it also benefits the World Bank.
The potential is clear for both India and Indonesia to transform their demographic booms into engines of domestic demand while positioning themselves as alternatives to China for labor-intensive manufacturing.
Still suffering from the economic crises, feeling betrayed by Europe for the lack of solidarity on the immigration and economic crises, Rome has slowly turned to the emerging actor on the globe, brushing up on its historical ties.
The global financial system is like a giant swimming pool and turbulent waters are tossing around the swimmers. Moreover, undercurrents that have been keeping the U.S. dollar stronger for longer are likely to be disrupted as relative growth expectations.
America’s allies worry about the reliability of U.S. engagement to shape the global financial system. Current trends suggest other economies will grow and leave the United States with a declining share of the global economy.