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Printing bonds: even easier than minting trillion-dollar coins.

Photograph by Charles O'Rear/Corbis

Printing bonds: even easier than minting trillion-dollar coins.

Go Ahead, Buy the Obama Bond

With the federal government partly shut down and the footsteps of the debt ceiling clomping closer, the search is on for worst-case, last-gasp, what-if-we-have-to-ram-the-asteroid solutions. The latest of these is the “Presidential bond,” a.k.a. the “Obama bond,” a.k.a. this year’s...

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Kenya - Westgate Mall Escape

Photograph by Simon Maina/AFP via Getty Image

A policeman carries a baby to safety after masked gunmen sprayed gunfire on shoppers and staff in the Westgate Mall in Nairobi, Kenya.

After Terror Attacks, a Test for Kenya’s Economy

With Kenya counting on a $1.5 billion bond deal to build much needed infrastructure, the Westgate Mall attack underlines just how precarious efforts to build African economies are.

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