…st month is a watershed event similar to the destruction of the Askariya shrine in Samarra in February 2006, though the crisis will not escalate as quickly. Sunni-Shiite tensions have hitherto played out in political forums. The key actors in today’s crisis are not the Sunni poli...
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…p era, won for his essays on racism and Trump’s political movement, and Anna Clark won for her book on the Flint water crisis. This year’s prizes were judged by writer Ta-Nehisi Coates, the New Yorker’s Jelani Cobb, Reuters’ Alix Freedman, the New Yorker’s Hendrik Hertzberg, th...
…er 22, 2011 12:00AM WITH his panoramic view of world affairs sharper than ever, Paul Keating blames the current global crisis on blunders by European and US leaders and warns that Australia must rediscover the keys to national success. Interviewed in his Sydney office, furnishe...
…eaval not seen since the early 1980s. Syria lies at the center of a dense network of Middle East relationships, and the crisis in that country -- which has now resulted in the deaths of well over 100 civilians, and possibly close to double that number -- is likely to have a major...
…ere Kushner and several others. This was one of the “make-work” events—over lunch, there was a discussion of the opioid crisis, which was then followed by a statement from the president and a brief round of questions from reporters. While reading the statement in a monotone, Trum...
…importance, interest coverage stands near all-time highs today, in stark contrast to the period preceding the financial crisis (see Exhibit 87). This point is further illustrated by Exhibit 88, which shows that today’s high yield universe is much healthier than the pre- crisis co...
…ecent years. Not only did it relapse into recession in 2011, but it also endured a domestic sovereign bond and banking crisis at the same time. More recently, it has been buffeted by a spate of tragic terrorist attacks, an immigration crisis, the Brexit vote, a failed Italian co...
…tronger-than-expected fiscal and monetary policy support from the government. A speedy improvement in the Eurozone debt crisis could also lead to this positive scenario. & Negative scenario (Probability: 10%*) Hard landing ¢ Chinese GDP growth below 6%, i.e. a hard landing of th...
…t Strategy Group, Haver Analytics. Exhibit 37: National Association of Home Builders US Housing Market Index The post-crisis high in builder confidence bodes well for US residential investment. Index Level 80 5 70 4 60 1 50 + 40 5 30 4 Q + 2002 2004 2006 2008 2010 2012 2014...
…kening has changed the game in knowable and unknowable ways. Knowable is that the region — in addition to its political crisis - is facing the potential of a very serious financial crisis. Financial stabilization is first order of business. Egypt and KSA are the mother of all pro...
chief counsel and policy director of the Judicial Crisis Network
or the return of the Eurozone crisis; for example
overzealous regulators trying to compensate for their laxness before the crisis
the Iranian regime once again is faced with a crisis
a rally in high yield bonds and a return to pre-crisis spreads of about