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June 27, 2016

Puerto Rico Needs Tools to Help It Carry Out A Necessary Restructuring

Full disclosure: I worked on Puerto Rico while at the U.S. Treasury in 2015. All views here are my own. The Hill has published my column on PROMESA (the bill that sets out a framework for fiscal ove…

May 2, 2024

United States
How U.S. Water Infrastructure Works

The sprawling U.S. water system is central to the nation’s economy, but chronic underinvestment, increasing demand, and the consequences of climate change have revealed the system’s weaknesses.  

A deep blue river flows between rust-colored mesas.

May 31, 2024

Election 2024
Election 2024: Does Donald Trump’s Conviction Doom His Chances to Become President Again?

Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: Trump’s conviction on thirty-four felony counts takes the U.S. presidential election into uncharted…

Trump as viewed leaving the courthouse in a blue tie.

May 17, 2024

Terrorism and Counterterrorism
The Spanish Inquisition, Part Two

Spain, a country where antisemitic attitudes are the highest in Western Europe, is taking the lead in trying to deprive Israel of the arms it needs to defend itself.

January 26, 2007

China
The latest sign the apocalypse is upon us … CNY funded carry trades

If what rational world does it make sense for the currency of a high-investment, fast growing, still quite poor country to be the funding currency for a carry trade? The Japanese yen and Swiss …

May 22, 2024

China
Advanced Manufacturing to be a Focus of China’s July Party Plenum

China's third plenum will likely emphasize manufacturing as a tool to remedy domestic economic problems, which may run the risk of heightening tensions with its trading partners.

A worker inspects batteries for electric vehicles being manufactured at a factory in Dongguan, China.

June 13, 2024

China
China’s Stockpiling and Mobilization Measures for Competition and Conflict

Hearing co-chairs Commissioner Cliff Sims and Vice Chair Reva Price, Commission members, and staff, thank you for the opportunity to speak with you today. I commend the Commission for calling a h…

Zongyuan Zoe Liu testifies before the USCC on China's self-sufficiency, stockpiling, and sanctions preparedness

May 20, 2024

Iran
President’s Death in Crash Unlikely to Affect Iranian Policies

Ebrahim Raisi was more loyal to hard-line Supreme Leader Ali Khamenei than previous presidents, and whoever succeeds him is likely to be just as conservative.  

A group of Iranian women gather outside in mourning over the death of President Ebrahim Raisi carrying images of the deceased president.