Word: reformations
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...Reform of regulatory regimes. The crisis has made plain that the global economy is now so intertwined that a collapse of a financial institution in one country can have a knock-on effect around the world. The summiteers will discuss global regulation not just of conventional commercial banks, but also of other parts of the financial system like hedge funds - a key European demand. They probably won't get far - this time...
...Reform of international financial institutions. The World Bank and IMF originated in planning for post-World War II economic reconstruction, and there is broad agreement that their mandates need rethinking. The IMF needs a fresh injection of cash if it is to help stabilize economies in a mess, and developing world nations - who will lead the recovery, when it comes - are campaigning for a greater role in shaping the priorities of these institutions. Expect the issue to be punted downfield for further discussion later in the year...
...This is a time that is very exciting because the Obama administration has big ambitions surrounding health care reform,” Ware said...
...almost 2,000 drug-related murders. Reyes this month requested thousands of federal army soldiers to rein in the violence, which has subsided for the moment - giving him a chance to rebuild Juarez's corrupt police force. He talked with TIME's Tim Padgett this week about his police reform, drug-cartel death threats against him and comparisons of Juarez to Baghdad. (See pictures of Mexico's narco-carnage...
...Washington and Mexico City focusing enough attention and resources under the anti-drug Merida Initiative toward local police reform? The U.S. needs to assure that enough money is put toward making the police forces along the border sufficiently robust - precisely so they'll be the first line of defense for the U.S., just as it's equally important that U.S. border police be better able to stop the flow of illegal weapons into Mexico. The U.S. also needs to be able to share more information with Mexico - like intelligence about [U.S.-based] gangs like Barrio Azteca, whose members are used...