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AuthorsSeptember 22, 2020U.S. stock and corporate bond markets performed extraordinarily well from the March financial shock caused by covid-19 to the end of last month. Then, three consecutive weeks of decline in the three major stock market indexes have been followed this week by a global slump attributed to fears of new lockdowns. A period of disconnect of financial markets with the underlying real economy has culminated in a revelation of the former’s high dependency to Federal Reserve policies. Discon ...
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AuthorsSabine CessouSeptember 22, 2020« Passionate, Black, visionary » Ana Paula Barreto talks about serious matters with great calm, taking time to reflect before answering questions, from New York. Born in Jardim Angela, a poor area of São Paulo, considered as the most dangerous neighbourhood in the world by the United Nations in 1996, she remembers the violence of the favelas. She doesn’t want to reduce her childhood « in a joyful family » to « the ugly », but one of her strongest memories is seeing the bodies of pe ...
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AuthorsSeptember 21, 2020The right to self-determination was recently posited as one possible jus cogens norm. However, more than fifty years after jus cogens emerged in 1969, a standard test for identifying a norm as jus cogens has yet to be adopted. In 2019, the International Law Commission adopted the Draft Conclusions on jus cogens, together with the list of possible jus cogens norms . If the possibility of being shown to be false is not admitted when identifying a jus cogens norm, however, the identifi ...
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September 18, 2020Découvrez le Chapitre 2 du Rapport annuel sur la Géopolitique de l'Afrique 2020 sur l'Autorité intergouvernementale pour le développement (IGAD), avec Khalid Chegraoui, fellow au Policy Center. La situation politique au sein de l’IGAD souffre encore de ses instabilités chroniques, sauf ...
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AuthorsSeptember 18, 2020On assiste, ces derniers mois, à un rebond des cours de l'or, le portant vers de nouveaux sommets. L'analyse des cours de ce précieux métal depuis deux siècles montre une grande stabilité jusqu'en 1971, date de l'abandon de la convertibilité or /dollar par les Etats-Unis, mais aussi de son mouvement erratique depuis cette date. Soumise aux lois du marché, cette matière première voit son cours dépendre essentiellement de la demande. Evolution qui confirme cet actif comme valeur refug ...
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AuthorsSabine CessouSeptember 16, 2020“Fathom the incredible, create the crazy” His warmth comes as naturally as his strong sense of empathy, obvious from the first encounter. No coincidence there: since his childhood, Kheston Walkins has a “fascination with the human brain” and its infinite possibilities. He spent time reading Encyclopedias and dictionaries when he was a child, rather than novels and history books. His mother, a teacher, “exchanged her sleep for our survival”, he says about his family, which has no sc ...
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AuthorsSeptember 16, 2020If America votes Donald Trump out of office in November, will he go? Just a few days ago (Sept. 13), one of Trump’s closest political friends, Roger Stone, publicly suggested to the President that if the votes should go against him, he should alert the military, ready to defend his power, and arrest opponents including the Clintons or Microsoft boss Tim Cook and Mark Zuckerberg of Facebook fame. Stone was sentenced in February 2020 to 40 months in jail for witness tampering, making ...
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AuthorsNoureddine JallalSeptember 16, 2020Il semble pertinent, avant d’exposer un sujet aussi important qu’actuel, d’apporter deux remarques nécessaires. Elles auront la finalité, à la fois, de préciser les contours du sujet et de prendre en considération la réalité du droit international. La première remarque consiste à faire la distinction entre le droit international de l’eau et le droit international à l’eau. Ce dernier constitue un avatar du corpus du premier et une étape nouvelle dans sa « juridicisation » et son évol ...
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AuthorsYoussef El JaiSeptember 15, 2020Avant l'ère coloniale, l'émission d'argent en Afrique de l'Ouest dépendait de la traite des esclaves. Avec l'avènement du régime colonial, les pièces d'argent ont été importées puis progressivement imposées comme outil de coercition. La trajectoire postcoloniale a été différente pour les anciennes colonies britanniques et françaises. Alors que les premières ont retrouvé leur souveraineté monétaire, les secondes ont conservé une union monétaire sous l’égide de la France. La propositi ...
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AuthorsMohammed Al DoghanMuhammad BhattiCarlos BragaAbdulelah DarandaryAnabel GonzálezNiclas PoitiersSeptember 15, 2020Diversification is important because it is associated with economic growth and reduced volatility. Diversification of exports, which provide foreign exchange and enable imports of critical goods, services, and know-how, is crucial for developing countries. The question we address in this brief is how export diversification is affected by trade policies, including multilateral rules, regional trade agreements, and national measures. The record on diversification is poor across a larg ...