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International efforts, such as the Paris Agreement, aim to reduce greenhouse gas emissions. But experts say countries aren’t doing enough to limit dangerous global warming.
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January 30, 2005
Financial Markets
Stephen Jen might want to rejigger his model
Apparently, Mr. Jen thinks the dollar -- despite the United States’ 6.2% of GDP current account deficit -- is significantly undervalued against all major currencies, and fairly valued against most As…
March 26, 2007
China
Commentary on the People’s Investment Company has been outsourced to Stephen Green
Stephen Green of Standard Chartered has the best analysis I have seen of the bureaucratic politics behind the creation of China’s new state investment company, as well as the best analysis of the con…
November 27, 2006
Monetary Policy
Stephen Jen: only 60% of China’s reserves are in dollars.
Stephen Jen sometimes says the darnedest things. Not about currencies. But about reserves. His estimates for oil reserve growth have been consistently on the low side. Norway, the UAE and Kuwait…
August 14, 2006
United States
I don’t think Stephen Jen can argue that I have been inconsistent.
Wrong, maybe, but not inconsistent.Stephen Jen notes that China is not the only country with an enormous current account surplus that intervenes massively in the foreign exchange market – “If…
November 18, 2005
Monetary Policy
Stephen Kirchner needs to spend some time looking for petrodollars …
Stephen Kirchner (Institutional Economics) has taken particular glee in the recent TIC data, as recent inflows into the US has been large enough to finance even larger current account deficits than t…
January 31, 2024
Technology and Innovation
The Largest Senate Judiciary Committee Audience Is on Capitol Hill—and at Home—Today
Today's Senate hearing on big tech and the child exploitation crisis should remind the public of Section 230's provision on parental controls, and the real-world analogies to how social media platfor…
