20 May 2021 In the next few weeks, I will consider the future of money. In particular, I will evaluate the evolution of Central Bank Digital Currencies (CBDC), as well as the potential role crypto-currencies may play in the future monetary system. Today, let's deal with the elephant in the room: Bitcoin! The world's largest [...]
14 May 2021 Latin America accounts annually for only 5% of global carbon dioxide emissions. And, Mexico and Brazil alone are responsible for over 50% of the region's pollution. Moreover, while Latam's GHGs have risen 25% since 2005, emissions in many key countries have been declining since 2014. Likewise, CO2 per capita levels are comparatively [...]
2 May 2021 Asia has a vital role to play in mitigating the global risks of climate change. Indeed, the region accounts for over 50% of world-wide CO2 emissions (and 44% of energy consumption). Of course, China and India are the world's #1 and #3 GHG emitters. These two giants are responsible for 70% of [...]
15 April 2021 The Russian ruble (RUB) -- traditionally a petro-currency -- has not benefited from the recent rise in oil prices. Indeed, during the recent bout of Emerging Market currency volatility -- provoked by a combination of rising US bond yields and problems in Turkey -- the Russian central bank (CBR) raised interest rates [...]