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December 16, 2011

Defense and Security
Guest Post: Paul Stares on Forecasting Preventive Priorities

An Iranian Shahab 3 missile is displayed during a military parade in Tehran. (Morteza Nikoubazl/courtesy Reuters) Earlier this week, CFR’s Center for Preventive Action (CPA) released its 2012 Preven…

An Iranian Shahab 3 missile passes by during a military parade to commemorate the start of the 1980-88 Iran-Iraq war in Tehran, September 21, 2004. Iran will use a modified version of its Shahab-3 missile, which defence experts say can reach Israel or U.S. bases in the Gulf, to launch a test satellite before March 2005, a defence industry source says. REUTERS/Morteza Nikoubazl CJF/DL

December 22, 2004

Martin Wolf explains the fall in the renminbi-dollar

Martin Wolf did the math: it turns out the renminbi-dollar zone has a current account deficit (projected) of $260 billion with the world this year. The United States’ current account deficit of $650…

January 9, 2006

United States
Martin Feldstein joins the dollar doomsday cult

Stephen Kirchner take note.  Alan Greenspan, too.  Dr. Feldstein thinks central banks -- and oil sheiks -- are behind a lot of private flows into the US.  And he doesn't seem convinced that this is w…

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 …