In this episode of Current Account, Clay is joined by IIF's Ugras Ulku, Head of Emerging Market Europe Research, and Elina Ribakova, Nonresident Senior Fellow, Peterson Institute for International Economics, to give a detailed update of the economic impact of the Russia-Ukraine conflict on a global level. The discussion includes topics such as detailing Ukraine's necessity of foreign aid, how the Russian economy has responded to the international sanctions regime, what future sanctions may...

In this episode of Current Account, Clay is joined again by IIF's Garbis Iradian, Chief Economist, Middle East & North Africa, and Ivan Burgara, Economist, to revisit the economic impact of the conflict in the Middle East. The trio discuss the likelihood and impact of two proposed scenarios: One in which the conflict is contained to the region and one where the conflict escalates beyond the region. Both scenarios are analyzed on a regional and global impact level.

In this episode of Current Account, Clay looks at the economic impact of what a second Donald Trump presidential term may be. Joining Clay is Yuka Hayashi, a journalist specializing on trade and economic security matters with over three decades of experience, including stints at the Dow Jones Newswires and Wall Street Journal. Clay and Yuka discuss what Trump's main priorities are, the feasibility and impact of his highly discussed universal tariff policy, how a Trump return to office may...

In this episode of Current Account, Clay is joined by David Sacks, Fellow, Asia Studies at the Council on Foreign Relations to talk about the recent elections in Taiwan. The topics include an analysis on the election's proceedings and process, how the election impacts the relationships between the United States and China, the United States and Taiwan, and Taiwan and China, and how the 2024 United States Presidential Election may influence the upcoming term.

In this episode of Current Account, Clay reviews the outlook of 2024 through the lens of geopolitical risk. He breaks down the analysis into three sections - or buckets: The ongoing conflicts across the world, the status of the US-China relationship and the pending worldwide elections. The podcast includes discussion on how these topics will impact the economy in their respective regions and globally.

In the first Current Account episode of 2024, Clay is joined by IIF's Sonja Gibbs, Managing Director, Global Policy Initiatives and Head of Sustainable Finance, to discuss the recent COP28 Summit in Dubai, United Arab Emirates. The discussion includes reviewing key topics discussed at the conference, the state of sustainability in the present day, how carbon markets look to develop in the coming year, what the short and long-term future looks like for sustainable finance and more.

In this episode of Current Account, Clay is joined by IIF's President and CEO Tim Adams to recap key events in the financial industry throughout 2023 and projecting areas of focus for 2024. Topics include the development of artificial intelligence technology, industry reactions to turmoil, growth projections, topics in sustainable finance and more.

In this episode of Current Account, Clay revisits the economic impact of the war between Russia and Ukraine. The episode includes an analysis of the sanctions regime's impact thus far, examining how Russia has altered its trade strategy and the overall impact on the Russian and Ukranian economies.

In this episode of Current Account, Clay is joined by A.B. Stoddard, Columnist at The Bulwark, to discuss the upcoming U.S. Presidential Elections in November 2024. The episode includes analyzing the likely candidates, current President Joe Biden (Democrat) and former President Donald Trump (Republican), how each candidate will likely look to win more voters over, previewing their potential roadblocks, explaining the United States Primary Election process and more.

In this episode of Current Account, Clay is joined by IIF's Garbis Iradian, Chief Economist for the Middle East and North Africa Region, and Ivan Burgara, Senior Research Analyst, to discuss the economic implications the current conflict in Israel may have. The discussion involves outlining two scenarios: One in which the conflict is contained to within Israel, and one where the conflict expands to a greater regional matter. The analysis includes potential ripple effects in markets of oil,...

In this episode of Current Account, Clay is joined by Kezia McKeague, the Regional Director for Latin America at McLarty Associates, to discuss the current cycle of elections in Argentina and Latin America. The discussion includes identifying the two Argentine candidates facing off in a run-off election on November 19th, Sergio Massa and Javier Milei, forecasting each candidate's outlook in a hypothetical second round victory, detailing what the potential outcomes may be for an Argentina-US...

In this episode of Current Account, Clay is joined by IIF's Managing Director of Regulatory Affairs, Andrés Portilla, and Director of Prudential Policy, Richard Gray, to talk about the Basel III Endgame. The discussion centers around describing Basel III, what the "endgame" means, what the next steps are across jurisdictions and more.

In this episode of Current Account, Clay records live from the IIF's Annual Membership Meetings in Marrakech, Morocco. He is accompanied by colleagues to cover a variety of key issues talked about both at the IIF and IMF/World Bank meetings. Martin Boer, Senior Director of Regulatory Affairs, joins to talk about key regulatory issues, Jeremy McDaniels, Deputy Director of Sustainable Finance, talks about a number of topics in the realm of sustainable finance, and Jessica Renier, Managing...

In this Episode of Current Account, Clay is joined by IIF's Managing Director and Chief Economist Robin Brooks to take a look ahead at various global economic issues ahead of the Annual Meetings of the IMF, IIF and World Bank.

In this episode of Current Account, Clay breaks down a recent Executive Order from the Biden Administration focused on Outward Bound Investments. The episode features what the order details, what the impacts and implications it may have on the US-China relationship, Congressional reation within the United States and what the following steps may be.

In this episode of Current Account, Clay recaps the recent G20 meetings in India, focusing on the topic of Multilateral Development Bank (MDB) reform. The discussion covers the US approach, what impacts MDB reform may have and how the upcoming IMF/World Bank meetings will discuss this topic.

Clay is joined by Rhodium's Logan Wright to talk about China and its economy since its post-pandemic reopening.

In this episode of Current Account, Clay is joined by two IIF colleagues, Jeremy McDaniels, Deputy Director of Sustainable Finance and Katie Rismanchi, Deputy Director of Regulatory Affairs, to help explain the recent developments in the standards set by the International Sustainability Standards Board (ISSB.) The discussion includes an explanation of the ISSB and its standards, international reaction to the standards, differences in approach in Europe and the US, and prognosticating the...

In this episode of Current Account, Clay takes a look at the current state of India. Topics broadly cover India's role as this year's G20 chair, what the upcoming Central Bank Governor and Finance Minister meetings may look like, reviewing Indian Prime Minister Narendra Modi's recent visit to the United States and India's relationships with China and Russia.

In this episode of Current Account, Clay is joined by Nathan Sheets, Global Chief Economist at Citi, to talk about Japan. The discussion centers on a recent history of Japanese economy, what a transition from Gov. Kuroda to Gov. Ueda is looking like, explaining the policy of Yield Curve Control and its pros and cons and what the future may look like for Japan.

In this episode of Current Account, Clay takes a look at the upcoming meetings in Paris. The Summit for a New Global Financing Pact takes place on June 22-23, and Clay talks about many of its key points, but focuses mainly on Special Drawing Rights (SDRs). Other topics include Multilateral Development Bank (MDB) reform, taxes and innovative financing, and global debt.

In this week's episode of Current Account, Clay dives into a topic at the forefront of the minds of many - digital asset regulation in the United States. He begins by explaining what the recent developments have been, lawsuits filed by the Security and Exchange Commission (SEC) and a recent draft bill in Congress to establish a regulatory framework for digital assets with the SEC and Commodity Future Trading Commission (CFTC), before discussing what the impacts of these events might have...

In this episode of Current Account, Clay touches on a variety of topics. First, he revisits the US Debt Ceiling and the Turkish Elections, highlights Banking Regulation security, Artificial Intelligence and China as the three major points of discussion in 2023 thus far and recaps recent IIF trips to Asia and Europe.

Welcome to Current Account with Clay Lowery, the Executive Vice President of the Institute of International Finance, the global association of the financial industry. On Current Account, Clay talks about a variety of impactful topics in international finance, while integrating his background in US Politics and Policy where applicable. Topics on Current Account vary from those domestically, such as the US Debt Ceiling and wide-reaching impact of the US Midterm and Presidential Elections, to...

In this episode of Current Account, Clay revisits the timely topic of the United States Debt Ceiling. He outlines what the "X date" is and why it is important, analyzes what each political party will be negotiating for, gives a variety of scenarios as to how the issue may be resolved and lays out the potential impact these outcomes may have at a global scale. Clay's initial explanation on the debt ceiling can be found in Episode 31: Dancing on the Ceiling: The Upside-Down World of the Debt...