The dollar is reaching new lows this week: it's down 16 percent against the Euro over the last two years. Does this reflect fundamental weakness in the U.S. economy, or just a temporary blip in the market?

Posted by David Ignatius and Fareed Zakaria on October 30, 2007 8:50 AM


Ibsen Martínez is a Venezuelan playwright and novelist. A former telenovela writer based in Caracas, he is now a freelance writer and regular contributor to a number of newspapers, magazines and websites in both Spanish and English. He writes a weekly column for the Caracas daily "Tal Cual." Spanish language newspapers such as Madrid's "El País" and "ABC" as well as Buenos Aires's "La Nación" run his articles on a regular basis. His essays on literary and political subjects have appeared in prestigious magazines such as "La Nouvelle Revue Françoise", Mexico's " Letras Libres", Washington's "Foreign Policy" and The Washington Post's "Outlook" magazine. He also writes a monthly column on Latin American economic issues for the Liberty Fund's website, "Econlib Library (

In Venezuela, Dollars Still Reign

Whatever its status elsewhere, the dollar is still the most sought-after commodity in this warped oil state.

Ibsen Martinez Venezuela | 25 COMMENTS
Oct 30, 2007 at 3:50 PM
Bill Emmott is the former editor of The Economist magazine, a leading international current affairs publication from England. He is now an independent writer, speaker, and consultant on international affairs.

Falling Dollar a Blessing in Disguise

Bill Emmott Great Britain | 80 COMMENTS
Miriam Leitao is a reporter and columnist for O Globo and Radio CBN in Brazil. She is also a commentator on Globo TV Network and runs her own blog,, hosted at Globo online at She was awarded Columbia University’s Maria Moors Cabot Prize in 2005.

Dollar's Fall is Mixed Bag for Brazil

Miriam Leitao Rio de Janeiro, Brazil | 2 COMMENTS
Dr. Ali Ettefagh serves as a director of Highmore Global Corporation, an investment company in emerging markets of Eastern Europe, CIS, and the Middle East. He is the co-author of several books on trade conflict, resolution of international trade disputes, conflicts in letters of credit, trade-related banking transactions, sovereign debt, arbitration and dispute resolutions and publications specific to the oil and gas, communication, aviation and finance sectors. Dr. Ettefagh is a member of the executive committee and the board of directors of The Development Foundation, an advisor to the United Nations High Commission for Refugees, and an advisor to a number of European companies. Dr. Ettefagh speaks Persian (Farsi), English, German, French, Spanish, Italian, Arabic and Turkish.

No Way Out of a Hard Landing

Ali Ettefagh Tehran, Iran | 17 COMMENTS


» Peter Maden Zug, Switzerland | The first paragraph in the Swiss recycling guide says "before you buy anything please ask yourself, do I really, really, REALLY need it?". If Aerican...

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PostGlobal is an interactive conversation on global issues moderated by Newsweek International Editor Fareed Zakaria and David Ignatius of The Washington Post. It is produced jointly by Newsweek and, as is On Faith, a conversation on religion. Please send us your comments, questions and suggestions.