Turmoil in the West Leaves Asia at Risk
(Bloomberg View) -- Asia Is Vulnerable to Global Uncertainty
Asian economies are thriving now, but they’re uniquely threatened by political and economic turbulence elsewhere. Mohamed El-Erian warns that uncertainties surrounding Brexit, the U.S. election and the Trans-Pacific Partnership could test the thriving region’s resilience.
Venezuela Exports Its Crisis
Is Latin America ready for a flood of Venezuelan refugees? Mac Margolis reports that causalities of Chavismo are already pouring out of the country’s borders, and Brazil, Chile, Guyana and the Dominican Republic are feeling the strain.
Where Was Wells Fargo’s Board?
The passivity of the bank’s directors in the face of the bombshell fake-accounts scandal illustrates a deeper dysfunction in American corporate governance. Luigi Zingales says that reforming the way directors are elected could go a long way toward making them more vigilant and valuable.
Clinton Can Afford Some Trump-Like Fiscal Craziness
Trump Douses Himself in Woman Repellent
How the Right Changed Its Mind on Prison
(Read Barry Ritholtz’s full daily news roundup.)
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