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June 28, 2005

United States
More wisdom from Martin Wolf

Having laid out the problem on Monday, Martin Wolf offers his solutions in tomorrow’s Financial Times. He presents three answers to the question "what is to be done"One answer is: nothing. Let each c…

October 4, 2006

United States
Martin Wolf: The US had no choice …

Stephen Roach thinks that China’s exchange rate policy plays (almost) no role in an unbalanced world; it all stems from the Bush Administration’s loose fiscal and the Fed’s loose monetary policy.  St…

May 17, 2024

Artificial Intelligence (AI)
Cyber Week in Review: May 16, 2024

Four Senators release AI Policy Roadmap; U.S. and partners unveil data-sharing agreement; Frank McCourt bids for TikTok; Biden passes new tariffs on Chinese tech; FBI seizes cybercrime marketplace.

U.S. Senate Majority Leader Chuck Schumer (D-NY) is flanked by Senator Mike Rounds (R-SD) and Senator Todd Young (R-IN) as he addresses a press conference during a break in a bipartisan Artificial Intelligence (AI) Insight Forum for all U.S. senators at the U.S. Capitol on September 13, 2023

June 27, 2005

China
Martin Wolf makes sense (the Economist does not)

Martin Wolf’s FT column makes a number of crucial points:1) Asia has let undervalued exchange rates (and reserve accumulation) substitute for policies to promote domestic demand. The (growing) back…

December 22, 2004

One more point on Martin Wolf

It is a simple point, but an important one. Wolf says the United States would be fine if it reduced its current account deficit from 6% of GDP to 3% of GDP. External debt to GDP then stabilizes at …