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October 14, 2012

United States
TWE Remembers: Maj. Richard Heyser Flies a U-2 Over Cuba

The U-2 is a remarkable plane. It can fly at altitudes above 70,000 feet for hours at a time, and it gave the United States an intelligence advantage from the moment it became operational in 1956. (T…

A CIA chart of "reconnaissance objectives in Cuba," dated October 5, 1962. (Dino A. Brugioni Collection, The National Security Archive, Washington, DC)

February 28, 2006

China
Read Richard McGregor’s FT article on China

I follow the data coming out of China pretty closely, at least for someone whose linguistic limitations crimp any long-term ambitions to be a professional China Watcher.     Not every article on Chin…

December 16, 2023

United States
Election 2024: What Would Donald Trump’s Second Term Foreign Policy Look Like?

Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: A second Trump presidency would shift U.S. foreign policy in a more nationalist and unilateralist d…

Former President Donald Trump as viewed walking past American flags at a campaign rally.

November 24, 2023

United States
Election 2024: Election 2024 Will Decide Who Controls Congress

Every Friday, I look at what the presidential contenders are saying about foreign policy. This week: The 2024 election will decide whether the next president will face a friendly or a hostile Congres…

Capitol Building Blog Photo II

February 16, 2024

United States
Election 2024: Donald Trump Says He Will Not Protect “Delinquent” NATO Members

Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: The forty-fifth president says he will encourage Russia to attack NATO countries who don’t spend en…

Trump Photo

October 19, 2006

Monetary Policy
Richard McGregor helps to solve the mystery of China’s slow q3 reserve growth.

The increase in China’s q3 reserves was about $30b below my expectations.  China’s current account surplus is usually about $15b per quarter larger than its trade surplus, and net FDI inflows have be…

May 22, 2007

China
No one covers the debate on China’s macroeconomic policy better than Richard McGregor

McGregor’s long analysis piece in today's Financial Times (free link here) shows why.  It is the best summary of China’s macroeconomic policy challenges – and the contractions associated with China’s…