The fight over Venezuela's central bank profits

Last weekend Venezuela's President Chavez once again attacked the central bank over the amount of "foreign exchange profits" it should turn over to the government. With Chavez threatening to go to the Supreme Court on the issue, this article suggests the final result is likely to be further devaluations and more inflation.

Click here to read the article "The fight over Venezuela's Central Bank Exchange profits" on the vcrisis web site

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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