The Great Debate

Why Russia’s turn to China is a mirage

By Björn Düben
July 8, 2015
Russia's President Putin welcomes China's President Xi Jinping during their meeting at Kremlin in Moscow

Russia’s President Vladimir Putin (L) welcomes China’s President Xi Jinping during their meeting at the Kremlin in Moscow May 8, 2015. REUTERS/Alexander Zemlianichenko

The real reason Greek PM Alexis Tsipras wants a referendum on debt deal

By Marco Vicenzino
June 29, 2015
Anti-austerity protesters burn a euro note during a demonstration outside the European Union offices in Athens, Greece

Anti-austerity protesters burn a euro note during a demonstration outside the European Union offices in Athens, Greece, June 28, 2015. REUTERS/Alkis Konstantinidis

Why investors who bet big on Ukraine should shoulder their own losses

By Josh Cohen
June 3, 2015
Elderly woman begs for money near a currency exchange office in Kiev

An elderly woman begs for money near a currency exchange office in Kiev July 20, 2012. REUTERS/Gleb Garanich

Likely victors in Greek election may pull nation out of eurozone

By John Kallianiotis
January 23, 2015
Opposition leader and head of radical leftist Syriza party Tsipras waves at supporters during a campaign rally in central Athens

Opposition leader and head of radical leftist Syriza party Alexis Tsipras during a campaign rally in central Athens, January 22, 2015. REUTERS/Yannis Behrakis

from Breakingviews:

What Lagarde should’ve told Smith College’s grads

By Christopher Swann
May 14, 2014

By Christopher Swann and Rob Cox
The authors are Reuters Breakingviews columnists. The opinions expressed are their own.

To punish Putin, help Ukraine

By Steven Pifer
March 17, 2014

Sunday’s referendum in Crimea and provocative Russian troop maneuvers have raised the Ukraine crisis to new heights.

from Nicholas Wapshott:

Austerity is a moral issue

By Nicholas Wapshott
May 17, 2013

Security worker opens the door of a government job center as people wait to enter in Marbella, Spain, December 2, 2011. REUTERS/Jon Nazca

How Europe can stave off a crisis

By Gordon Brown
October 21, 2011

By Gordon Brown
The views expressed are his own.

It was said of European monarchs of a century ago that they learned nothing and forgot nothing.  For three years, as a Greek debt problem has morphed into a full blown euro area crisis, European leaders  have been behind the curve, consistently repeating the same mistake of doing too little too late. But when they meet on Sunday, the time for small measures is over. As the G20 found when it met in London at the height of the  2009 crisis, only a demonstration of policy intent that shows irresistible force will persuade the markets that leaders will do what it takes. An announcement on a new Greek package will not be enough. Nor will it be sufficient to recapitalize the banks. European leaders will have to announce a comprehensive — around 2 trillion euro — finance facility; set out a plan to fundamentally reform the euro; and work with the G20 to agree on a coordinated plan for growth.

A tale of two rape charges

May 23, 2011

By Naomi Wolf
The opinions expressed are her own.

With the arrest of Dominique Strauss-Kahn, then Managing Director of the International Monetary Fund, New York City has abruptly become the scene of two very different official approaches to investigating sex-crime cases, one traditional and one new. The new approach so far appears to be reserved for Strauss-Kahn alone.

from MacroScope:

A “Greed Tax” on banks

April 21, 2010

The International Monetary Fund has done what it was bid by the G20  and come up with proposals for getting banks to pay for the government help they receive when they get in trouble.  You can read the actual wording here, but it comes down to this: