NEW YORK (Reuters Breakingviews) - Latin America is facing three simultaneous challenges, which when combined pose the gravest threat seen across the region in over a century. It will take far-reaching political vision and leadership to move forward in implementing reforms that can set a course through this triple crisis to restore stability.
NEW YORK (Reuters Breakingviews) - As Venezuela continues to battle its unparalleled humanitarian emergency, the spread of Covid-19 is exposing the shortcomings in the country’s health, water, electrical and economic systems, which were already under immense pressure.
NEW YORK (Reuters Breakingviews) - Nothing will concentrate the minds of North Korean leaders more than a Chinese oil embargo. Nearly 90 percent of the country's petroleum comes across the border, giving Beijing enormous leverage. Cutting off these shipments would swiftly weaken the North's military capacity and help restart negotiations.
NEW YORK (Reuters Breakingviews) - The U.S. Treasury’s recent 147-page report, "A Financial System That Creates Economic Opportunities," details a rollback of many of the measures imposed to make banking safe and sound after the financial crisis. The proposals include substantial weakening of the Dodd-Frank financial-reform law. At the same time, White House appointments to several bank regulatory agencies are likely to promote measures that result in reductions in bank compliance costs, capital requirements and liquidity constraints.