Madeleine Albright (1937-2022), a former US ambassador to the United Nations and the first woman to serve as US Secretary of State, was a pioneer for the many women who have followed her into international politics. Serving under President Bill Clinton, she was fearless in championing her positions, whether concerning the 1994 genocide in Rwanda or the use of US hard power. But her tenure will probably be most remembered for what was not done: creating a viable strategy to incorporate post-Soviet Russia and emerging China effectively into global institutions.
Will the World Keep Buying US Treasuries?
Paola Subacchi & Paul van den Noord
foresee a gradual reduction in countries’ holdings of dollar-denominated debt, not a rapid sell-off.
