The Italian sovereign debt market has been severely shocked by sell-offs in recent weeks as the yield for 10-year government bonds rose to 7%, a figure consider

Last month news emerged that China was seriously considering buying sovereign bonds from distressed European economies—a move that could have buoyed financial

In the evening of August 5, 2011, the Standard & Poor’s downgraded the US credit rating from AAA to AA+, and set its outlook as negative. This seemed to be a b

The Obama administration and Republican Congress have been engaged in a very difficult negotiation regarding raising the US debt limit. US debt will reach the $

China is America’s leading foreign creditor. It came as no surprise, then, that while traveling through Asia last week U.S. Secretary of State Hillary Clinton gave strong assurances to Beijing that policymakers in Washington would soon reach an agreement raising the country’s debt ceiling.

The International Monetary Fund recently appointed French Minister of Finance Christine Lagarde as its new head. Lagarde's success continues the tradition o

Is China poised to surpass the United States to become the world’s largest economy? The International Monetary Fund recently predicted that the size of China’

The International Monetary Fund’s (IMF) governance reform is now at another decisive moment. However, it seems that the arrest of former managing director Domi

US publics and policymakers pose a consistent question about American involvement in international organizations: What do we get from them? The answer to this q

The international financial community is fretting over who will replace disgraced French politician Dominique Strauss-Kahn, as head of the IMF. The retirement o