The Great Debate UK

No we can’t: Obama’s Guantanamo

May 21, 2009

Cori Crider

Cori Crider represents 30 Guantánamo prisoners as an attorney with legal charity Reprieve. The opinions expressed are her own. –

from The Great Debate:

India poll should boost world trade

By Paul Taylor
May 18, 2009

Paul Taylor Great Debate-- Paul Taylor is a Reuters columnist. The opinions expressed are his own --

India's voters have just given stalled world trade talks their biggest potential boost since the financial crisis spurred fears of rising protectionism.

The quantitative easing conundrum

May 13, 2009

adriankidd2– Adrian Kidd is financial planner at Unleash Advice. He was voted 50th Most Influential IFA in the UK by Professional Adviser magazine 2008. The opinions expressed are his own.-

from The Great Debate:

Iran sanctions and wishful thinking

By Reuters Staff
May 7, 2009

Bernd Debusmann - Great Debate
-- Bernd Debusmann is a Reuters columnist. The opinions expressed are his own --

from The Great Debate:

President Obama’s three percent solution

May 5, 2009

Jonathan Hoganson-- Jonathan R. Hoganson is the deputy executive director of the Technology CEO Council, a public policy advocacy group that includes the CEOs of Intel, HP, Dell, Applied Materials, EMC, Motorola, Micron Technology and IBM. He previously was the legislative director for Rep. Rahm Emanuel and policy director for the House Democratic Caucus. The views expressed are his own. --

A bet against Castro’s immortality

April 23, 2009

REUTERS— Neil Collins is a Reuters columnist. The opinions expressed are his own —

LONDON, April 23 (Reuters) – “Practically everyone who follows Latin American events agrees that Castro’s end is near.” Thus one Laurence W Tuller, writing in 1994 in his manual on high-risk, high-reward investing. Defaulted Cuban government bonds had jumped on hopes of a settlement to allow the country back into the international capital markets.
Today, former leader Fidel Castro’s end is 15 years nearer, but he’s still there, albeit in semi-retirement, and holders of these pre-Castro bonds with a face value of around $200 billion are still waiting. Castro’s regime kept good records, but have paid no interest, and ignored redemption dates since his revolution half a century ago.
Few Americans can remember why their administration has been so beastly to Cuba for so long.
Those who can mostly live in Florida, a key swing state, and many risked everything to get out of Cuba. They do not want to see their investment devalued by hordes of their former compatriots simply walking off the Delta Airlines flight from Havana.
Last week U.S. President Barack Obama eased the squeeze somewhat. Americans can now visit Cuba, but only if they have relatives there.
This gesture has re-ignited the bondholders’ old hopes. Past settlements of defaulted sovereign bonds have tended to pay about half the total of accrued interest plus principal, so the buyers see plenty of upside.
Exotix, a specialist trader in “frontier markets”, says its price for a typical Cuban bond instrument has risen from around 9 cents on the dollar at the start of this month to 14 cents on April 23.
Mind you, the spread is wide, the market thin and as events crowd in on the President, he might feel there are more pressing problems than to risk upsetting those key-voting Floridian Cubans.

from The Great Debate:

Obama mulls cap-and-trade by decree

April 14, 2009

John Kemp Great Debate-- John Kemp is a Reuters columnist. The opinions expressed are his own --

Senior U.S. administration officials have indicated that if Congress does not pass comprehensive legislation providing for a cap-and-trade system to regulate greenhouse gas emissions they will press ahead unilaterally with proposals using the Environmental Protection Agency (EPA)'s existing authority under the Clean Air Act.

from The Great Debate:

G20 ends Anglo-Saxon era

By Paul Taylor
April 2, 2009

Paul Taylor Great Debate

-- Paul Taylor is a Reuters columnist. The opinions expressed are his own --

Thursday's G20 summit may not mark the end or even the beginning of the end of the global recession. It did mark the end of the ascendancy of the unfettered, Anglo-Saxon model of capitalism.

from The Great Debate:

Obama honeymoon ends in Europe

March 31, 2009

Robin Shepherd

-- Robin Shepherd is Director, International Affairs at the Henry Jackson Society. His areas of expertise are transatlantic relations, American foreign policy, Middle Eastern relations with the West, Russia, eastern Europe, NATO and the European Union. The views expressed are his own. --

from The Great Debate:

World stuck with the dollar, more’s the pity

By J Saft
March 27, 2009

jimsaftcolumn5-- James Saft is a Reuters columnist. The opinions expressed are his own --

The dollar is, and will remain, the U.S.'s currency and its own and everyone else's problem.