Happy New Year

Happy New Year

ICYMI: @mdebolle.com joined PIIE Insider LIVE to discuss economic nationalism in the US & Latin America, China's presence in South America, Argentina's economy, & more. Watch here or listen wherever you get podcasts:

NEW: World Bank's Cornelius Fleischhaker joins @mdebolle.com on Policy for the Planet to discuss potential paths for Brazil to tackle its fiscal problems while encouraging more climate-friendly policies. Listen here or wherever you get podcasts: www.piie.com/experts/podc...

NOW: Maurice Obstfeld moderates discussion with @mdebolle.com, Alejandro Werner, & José De Gregorio on Argentina's monetary & exchange rate arrangements & if Milei can build on his political momentum to advance deeper reforms. Watch:

David Fishman joined Policy for the Planet to discuss with @mdebolle.com how China has used renewables & low-carbon energy to bolster its grid & what the US & other countries can learn from its expansion. Listen wherever you get podcasts.

How is China meeting its gargantuan need for electricity? Listen to the conversation I had with China electricity expert David Fishman on Policy for the Planet: @piie.com @adamposen.bsky.social www.piie.com/experts/podc...

We just launched Season 3 with an accompanying blog, a new feature of the podcast! @adamposen.bsky.social @piie.com

Policy for the Planet Season 3 launches Nov 18! Join @mdebolle.com exploring how communities & nations respond to climate change—balancing econ, health, & geopolitics & other tradeoffs for a more sustainable future. Subscribe wherever you get podcasts & sign up for episodes straight to your inbox:

Definitely worth a listen to @mdebolle.com on @npr.org On point discussing the Argentina bailout by the US government @wbur.org @piie.com www.wbur.org/onpoint/2025...

I was a guest on NPR’s On Point today discussing the U.S.-Argentina bailout. @piie.com @adamposen.bsky.social www.wbur.org/onpoint/2025...

www.piie.com/blogs/realti... By Maury Obstfeld

And this will probably be very visible as soon as Monday, October 27.

This morning’s sunrise

m.youtube.com/watch?v=MWph... @piie.com @adamposen.bsky.social

WATCH: @mdebolle.com explains to @wsj.com what the US financial aid to Argentina means:

To repay its IMF creditors—& now US government creditors & lenders lined up by Bessent—Argentina must figure out how to build up dollar reserves. It can only do so by exporting more, a tall order in the current chaotic trading environment Trump foisted on the world. By @mdebolle.com:

My thoughts on Argentina for @npr.org : @piie.com www.npr.org/2025/10/11/n...

If you'd like a break from doomerism, @mdebolle.com & I had a good time recording this new @piie.com podcast to explore potential paths forward for clean energy industrial policy. We touched on IRA lessons learned, abundance, bottom-up policy design, & yes...bagels. ‎ www.piie.com/experts/podc...

Argentina suffers from having an economy that functions with dollars & pesos. Every time there's a dollar shortage, they fall into a spiral of exchange-rate devaluations & inflation, @mdebolle.com says. “No one has a plan for the day after” the election if Milei’s party suffers.

If the US supports formal dollarization in Argentina, it would weaken the IMF's hand, could create conditions for regional confrontation with China, & would be a one-way street—once a country adopts a currency other than its own, it's difficult going back. By @mdebolle.com:

The latest episode of @mdebolle.com's Policy for the Planet features @eribakova.bsky.social discussing how Ukraine could pivot to a reconstruction with a green transition. Listen here or wherever you get podcasts: policyfortheplanet.com/how-ukraines...

In this week's episode of Policy for the Planet I spoke with my wonderful colleague @eribakova.bsky.social about how critical minerals might help Ukraine rebuild its economy. Listen wherever you get your podcasts. @piie.com @adamposen.bsky.social policyfortheplanet.com/how-ukraines...

My latest piece on Argentina: @piie.com @adamposen.bsky.social www.piie.com/blogs/realti...

The canary in the coal mine (for global democracy) is in the Southern Hemisphere. @piie.com apnews.com/article/arge...

Climate change is affecting access to water. Aaron Salzberg (consultant, former US Department of State) joins to talk about the looming water crisis & its economic effects, from population displacement to disrupted trade. @piie.com @adamposen.bsky.social policyfortheplanet.com/the-looming-...

One of the best pieces I read on the US-Brazil tariff absurdity (to which I contributed some thoughts): www.ft.com/content/7f6b...

LISTEN: Arvind Subramanian discussed w/ @mdebolle.com on Policy for the Planet how India is uniquely positioned to deal with global warming internally & steps it can take to tackle climate change & provide lessons for others. Here or wherever you get podcasts: policyfortheplanet.com/india-must-p...

India’s poverty and tropical heat pose extraordinary challenges as its population faces rising temperatures. But India is uniquely positioned to deal with global warming, as my colleague Arvind Subramanian discusses: @piie.com @adamposen.bsky.social policyfortheplanet.com/india-must-p...

Brazil has lodged a WTO dispute settlement complaint against US tariffs. www.wto.org/english/news...

A "estratégia" é atazanar os BRICS, mas não há plano. O único "plano" é "tarifas". oglobo.globo.com/blogs/miriam...

Não surpreendentemente, a China é o primeiro país a apoiar o Brasil nesse dia em que o tarifaço entra em vigor.