Venezuela's bizarre system of currency controls makes no economic sense. Yet President Nicolás Maduro is determined to keep it.
As the financial world’s elite gathers to discuss what’s in store for 2015’s global economy, a problem could be festering in emerging markets.
The federal backstop for the market expires Dec. 31.
American firms can’t wait to get back into Cuba, but Havana isn’t likely to open the floodgates for U.S. products any time soon.
John Hudson is a staff writer for Foreign Policy where he chases down stories from Foggy Bottom to the White House, the Pentagon to Embassy Row. Between 2009 and 2012, John covered politics and global affairs for The Atlantic Wire. In 2008, he covered the August War between Russia and Georgia for Salon.com and other news outlets. Over the years, he's dug up resignation-causing FEC documents; unmasked world-famous Internet trolls; exposed bizarre Photoshopping by government media; and revealed a secret Iranian military facility. John's weakness is cold craft beer from his birthplace of Grand Rapids, Michigan. He's appeared on MSNBC, BBC, C-SPAN, Fox News radio, and other broadcast outlets.