The national debt is about to hit $40 trillion. Here’s how it can hurt Americans.

United Overseas Bank’s (UOB) Quek Ser Leang notes GBP/USD invalidated a recent neutral call by breaking above 1.3555 and closing higher near 1.3532. Intraday, the British Pound (GBP) may extend toward 1.3570, with 1.3600 as firm resistance. Over the next 1–3 weeks, the upside bias remains intact while above 1.3495, though gains are expected to…

Remittances are surviving the new US tax—at least for now. This article appears in the July/August issue of Global Finance Magazine. The Dominican Republic isn’t just a tourist paradise; it has a more diversified economy than most Caribbean nations. Yet foreign remittances still reach four in 10 households. Last year, Dominicans abroad sent home a…

EUR/USD trades on the back foot on Thursday as the expanding war in the Middle East pushes Oil prices higher and fuels hawkish Federal Reserve (Fed) expectations, boosting demand for the US Dollar (USD). Meanwhile, the European Central Bank’s (ECB) decision to leave interest rates unchanged draws little market reaction. At the time of writing,…

en English Politics Aug 12, 2026 Jorge G. Castañeda  and Carlos Ominami The resurgence of guerrilla warfare in Ukraine and Iran has underscored the potential benefits of asymmetric action in today’s increasingly multipolar world. Latin America, in particular, should consider how to…

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Tax policy can change the size of the economy and American incomes by changing whether (and how much) people work and invest in the US. People respond to incentives on the margin when making decisions to work or invest. As the after-tax returns to additional work or investment fall, people work and invest less. Investment…