Articles by Carter Dougherty

Carter Dougherty is the senior international economics writer at the International Business Times, where he reports on global economic developments with a particular focus on government policy. Most recently, he was a reporter for Bloomberg News, where he established league-leading coverage of the Consumer Financial Protection Bureau, an agency created in response to the economic crisis.

He also worked in Europe for The New York Times, where he played a role in the award-winning coverage of the global financial and economic crisis of 2008 and 2009. A longtime student of Germany, Dougherty also worked for the German daily Die Welt in Berlin, and followed his wife, a public health specialist to central Africa, where he wrote for The Boston Globe, Newsweek and The Economist about the Congo War and the crisis in Darfur.

Dougherty grew up in Ohio and Michigan, graduated from Kalamazoo College and earned a master's degree in modern European history from the University of North Carolina at Chapel Hill. He is based in Washington, DC, where he spends his free time on his children, running, bourbon, home renovations and the family flock of backyard chickens.

Brexit Won’t Happen? Why Article 50 Could Mean UK Remains In The European Union

Voting to leave the EU was the easy part. When and how to depart is tougher, and a Brexit may not happen after all.

After Brexit Vote, EU Negotiations: Why UK Would Start Trade Talks With Serious Handicaps

The U.K. faces a complex set of negotiations to clarify its future relationship with the EU, and it’s starting with some serious handicaps.

Betting Markets Misfire As Undecideds Go With Their Gut And Vote For Brexit

Gamblers who predicted a result in favor of continued British membership in the EU missed the signs that undecided voters would break for a Brexit.

Brexit Odds: After Jo Cox Slaying, EU Referendum Bookmakers Raise Wager Against Leaving European Union

Betting markets show a break in favor of "remain" in the European Union ahead of Thursday’s British referendum on European Union membership.

Brexit Vote 2016: Big Bettors In EU Referendum Have Leg Up On Pollsters In Predicting June 23 Outcome

Opinion polls may show Britons are ready to abandon the European Union, but betting markets tell a different story — and they have a better track record.

China Clears Way For Cloud Computing Industry In Himalayan Plateau, Despite Immense Obstacles

China has little to show in the way of a data storage and analysis. But big ideas are hard to write off, especially when the Communist Party backs them.

Brexit And ‘Swexit’: How Sweden’s EU Membership Might Turn On Britain’s Referendum

Swedes like the European Union with the British inside it, so if the Brits vote to leave June 23, sentiment in the Scandinavian country for staying could change dramatically.

China Investment Push Draws American Ire As Once-Silent Companies Complain About Closed Chinese Market

At this weekend's Strategic and Economic Dialogue, U.S. officials will take up the matter of China’s relatively closed market for U.S. investment.

UK’s EU Referendum: Brexit Opponents Surge As Cameron Strikes Alliance With Labour London Mayor Sadiq Khan To Rally Young Voters

The British prime minister’s unlikely association with London’s new Labour mayor makes a break with the EU look less likely.

Top U.S. Naval Official Says Chances Of Accidental Incident In South China Sea Are ‘Pretty Low’

The highest risk is associated with non-military vessels, said Rear Adm. Mark Montgomery, director for operations of the U.S. Pacific Command.

Brazil Crisis: Rousseff Impeachment Buoys Markets, But Successor Michel Temer Faces Tough Road To Growth

Investors cheered the first step in impeaching Brazilian President Dilma Rousseff, but a government headed by Vice President Michel Temer won’t have it easy.

Japan’s Yen Problem: Prime Minister Shinzo Abe Tackling Stronger Currency With New Stimulus Measures

After decades of low growth and near deflation, Prime Minister Shinzo Abe's government is planning new public works initiatives and tax incentives to juice the economy.

Road To Rio: Brazil’s Path To 2016 Summer Olympics Paved With Turmoil

Brazil was booming in 2009 when Rio de Janeiro won its bid to host the 2016 Summer Olympics. Now the country is gripped by political scandal and facing its worst recession since the 1930s.

Obama Claims Trophy With Collapse Of Pfizer-Allergan Merger, But Inversions Debate Continues

The Treasury’s new rules on inversion-type transactions torpedoed the pharmaceutical deal, but a tough debate about corporate tax reform remains.

Brussels Attacks: Political Backlash Could Derail Europe’s Shaky Economic Recovery

Europe faces fairly short-lived economic damage from the deadly bombings, but the political backlash could be much more severe.

Lula’s Return: Brazil’s Rousseff Girds For A Fight As Temptation For Economic Populism Rises Sharply

Brazil’s President Dilma Rousseff — with her mentor, former President Luiz Inácio Lula da Silva — could embrace pro-worker policies in a bid to cling to power.

Europe’s Weak Inflation Problem: As It Struggles To Spur Growth, Can The Eurozone Avoid Turning Japanese?

This week's stimulus moves by the European Central Bank could steer the continent toward Japan-style stagnation, critics say.

China Trade: Declining Appetite For Imports Still Tugging At Exporters Like Brazil, Southeast Asia

Chinese imports fell precipitously in February, a potent indicator that countries betting on Chinese growth face a disappointing 2016.

Brazil Petrobras Scandal: Market Euphoria Over Lula Detention Misplaced As Country Faces More Turmoil

Markets that rallied after Brazil's former president was detained for questioning in a corruption case involving the energy company may see a reversal.

EU Brexit 2016: Advocates Of A Free-Trading Britain Outside The European Union Face Long Odds

The U.K. government says recasting Britain’s international trade deals after leaving the European Union would lead to uncertainty and costs, a point independent experts validate.

William C. Dudley, Federal Reserve Bank of New York, April 21, 2015

Fed’s Dudley Signals Interest Rates Could Stay At Historic Lows For Longer Amid Tightening Financial Conditions

A top Fed official says greater threats to U.S. growth are coming from abroad, suggesting global developments could slow the Fed’s march to higher interest rates.

China Pushing Banks To Boost Lending In Move To Juice The Economy Without Encouraging Capital Flight

Beijing just made it easier for Chinese banks to lend money, a step it hopes will juice the economy without encouraging capital flight.

G-20 Summit 2016: US, IMF Push For Fiscal Stimulus Likely To Fall Flat At China Meeting

Ahead of the G-20 finance ministers meeting in Shanghai this week, the U.S. is pushing other countries, including China, to boost the global economy.

Low Oil Prices Vex Economists As Boon For Consumers Is A Bane For Crude Producers

Falling oil prices used to juice consumer spending, but the emergence of a massive oil sector in the U.S. has scrambled that once-reliable calculation.

U.K. Prime Minister David Cameron pauses for thought during a speech.

Brexit Battle: Economy Won’t Dominate Debate Because Of Divide Between Small, Large Businesses

Despite the economic benefits Britain derives from the EU, Britain's leader is likely to focus on noneconomic issues covered in a deal he reached in Brussels last week.

Did The Fed Raise Rates Too Soon? The Dollar Is Strong, But American Consumers Are Coming Back

The most important economic variable of 2016 might be whether American consumers are strong enough to withstand the cold winds blowing in from abroad.

Donald Tusk and David Cameron discuss the U.K.'s possible Brexit

Brexit: UK’s Cameron Faces Crunch Time In Negotiating Deal With EU That Must Pass Inspection At Home

Meetings in Brussels on Thursday and Friday with fellow European leaders is the prime minister’s chance to sell his new version of Britain’s EU membership.

Interest Rates: Central Banks Are Going Negative, But Global Financial Markets Aren’t Buying It

Central banks are resorting to negative interest rates to stimulate growth — Fed Chair Janet Yellen is considering them — but they are not as effective as investors had hoped.

Russia’s Gazprom: Baltic Sea Gas Pipeline Controversy Set To Split EU Over Russia Policy — Again

European Union members are facing a controversy over the proposed construction of a natural gas pipeline under the Baltic Sea and the potential effects on the region.