Member Views

If Only We Knew the Problems Facing America's Banks

The Bretton Woods Committee is pleased to Member Spotlight BWC Chair Bill Dudley's recent opinion column with Bloomberg urging for "some well-placed transparency" in the US financial system.

According to Dudley, "The US has yet to fully address one of the greatest weaknesses revealed by last year’s failure of Silicon Valley Bank and other regional lenders: Supervisors saw the problems, but they failed to compel action before it was too late."

Outlook 2024: More commotion than motion in foreign exchange markets

The BWC is pleased to Member Spotlight a recent OMFIF article by Mark Sobel suggesting to 'prepare for anaemic global growth and geopolitical turbulence' in 2024.

According to Sobel, "The 2024 global economic outlook is less than stellar. Enormous growth, macroeconomic policy and geopolitical uncertainties pervade the outlook and foreign exchange markets. How this plays out is anybody’s guess."

Madelyn Antoncic

This Member Monday we welcome Madelyn Antoncic, Senior Fellow for the DRI Sustainable Economic and Climate Development Initiative.

A globally renowned financial innovator, climate change advocate, and former Vice-President and Treasurer of the World Bank - Madelyn is known for her leadership in sustainable economic development with an extensive career spanning roles at major financial institutions.

We appreciate her commitment and support, and we look forward to her engagement with The Bretton Woods Committee. 

Talha Khan

This Member Monday we welcome Talha Khan, Product Manager at IBM.

Talha is a Product Manager at IBM where he leads IBM Cloud’s Digital Assets, Web3 Product Management, and Ecosystem Strategy. He is also a Product Manager for IBM Cloud Marketplace with a current focus on Gen AI.

We appreciate his commitment and support, and we look forward to his engagement with The Bretton Woods Committee. 

Michael Silva

This Member Monday we welcome Michael Silva, Member of the Board of Directors at Column N.A.

Michael is currently serving as a member of the Column N.A. Board of Directors, and has more than 30 years of experience as a bank regulator, chief compliance officer, law firm partner, and board member.

We appreciate his commitment and support, and we look forward to his engagement with The Bretton Woods Committee. 

How Attacks in the Red Sea Could Increase Costs of Items from Clothing to Coffee

The Bretton Woods Committee is pleased to Member Spotlight Hung Tran who was recently quoted in an article by TIME. 

QUOTE: “The Red Sea shipping line through the Suez Canal is the shortest, cheapest and most effective way to connect Asia and Africa to Europe via the Mediterranean,” says Hung Tran, nonresident senior fellow at the Atlantic Council’s GeoEconomics Center.

Global Economy in 2023, Outlook for 2024

2023 has recently concluded — leaving behind economic behavior of households and companies that have adapted to the highest nominal financing costs since the early 2000s.  

Bank Runs Are Terrible. The Fed Can Eliminate Them.

The BWC is pleased to Member Spotlight BWC Chair Bill Dudley's recent Bloomberg Op-Ed, offering a nuanced analysis on substantial reforms for the Federal Reserve to effectively mitigate the occurrence of bank runs.

Decarbonizing the Economy – the Record of Chile vs. the World

The following blog post is in reference to the piece, "Energy in Transition in Unsettled Times by Miguel Schloss published in the Global Journal of Science Frontier"

Africa stock markets plot depreciation/inflation escape

The BWC is pleased to Member Spotlight Gary Kleiman's recent article with bne IntelliNews discussing the performance of various African frontier stock markets in the past year.

According to Kleiman's article, "Last year African frontier stock markets on the dollar-denominated MSCI benchmark index, where the majority reside, were an overall losing proposition – with the region sub-index the only decliner at 7% versus the composite up by the same percentage."