"Gold has become an attractive hedge against sanctions risk for central banks at risk of such penalties. While there are limitations to gold's usefulness compared to, say, U.S. Treasuries, its unique appeal is found in its physical form, unquestioned value, and the ability to store bars in national vaults, safe from foreign seizure," says Daniel McDowell, associate professor of political science.
“When interest rates were very low, companies basically had endless money—and investors were telling them to focus on growth, not profitability,” says Aaron Benanav, assistant professor of sociology. “But because interest rates are rising, there’s a shift from big investors to say, ‘No, now you really have to focus on profitability.’ And the big way to do that is through cuts.”
Both were recently appointed to serve their country in new ways by the president of the United States: Bill was chosen by President Joe Biden L’68 and confirmed by the Senate to serve as a board member of the Securities Investor Protection Corporation (SIPC) and Joan was appointed to the National Museum of Library Services Board.
Brian Taylor, professor of political science, discusses the war’s progress, the state of the Russian economy, Russian attacks on Ukrainian infrastructure, Vladimir Putin’s view of Ukrainian sovereignty and other topics.
British Prime Minister Liz Truss resigned on Thursday after a tumultuous 45 days in office. Alan Allport, professor of history, calls the resignation "extraordinary" and explains what it means for British politics in an interview with NewsNation.
The Hon. James E. Baker, professor of public administration and international affairs by courtesy, was quoted in The Economist article, "A law meant to boost America’s security becomes industrial policy."