US EX-IM BANK FACES AN UNCERTAIN FUTURE

US EX-IM BANK FACES AN UNCERTAIN FUTURE

UNITED STATES
In its 2013 report to Congress, the Export-Import Bank of the United States says that its “overriding mission is to create and sustain American jobs by supporting US exports.” But that very mission is under threat, with House Financial Services Committee chairman Jeb Hensarling, among others, seeking to abolish the bank.

EUROPEAN STRESS TESTS MAY STILL BE TOO SOFT ON BANKS

EUROPEAN STRESS TESTS MAY STILL BE TOO SOFT ON BANKS

Upcoming stress tests for Europe’s 124 largest banks will have more credibility than they had previously, but some analysts argue that banks may need far more capital than regulators demand to withstand a crisis. And any hoped-for international standardization in terms of stress testing is out the window as there is little comparability between the upcoming European and recently completed US bank tests.

US: New Microsoft CEO's First Moves

US: New Microsoft CEO's First Moves

NEWSMAKERS By Efraim Chalamish Satya Nadella, a Microsoft insider who came up through the ranks to become Microsoft’s executive vice president, Cloud and enterprise, has replaced Steve Ballmer as CEO. Choosing Nadella is a safe bet: He has been ...

Editor's Letter: The Fed And Emerging Frailties

DEAR READER MARCH 2014 | VOL. 28 NO. 3 Not all emerging markets are equal. It may sound obvious, but these days it is worth repeating, as some emerging markets are suffering serious outflows of foreign capital that undermine their local ...

America’s State of Trade

America’s State of Trade

  When president Obama shared with the American public his policy vision for the next year in his State of the Union address, it was a unique opportunity to educate the nation on its international trade challenges, including the current trade ...