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July 6, 2017

Sub-Saharan Africa
Archbishop-Zerba-Mali-Cardinal-Pope New African Cardinal From Mali

Pope Francis elevated five new cardinals on June 27. One is the current archbishop of Bamako, Mali, Jean Zerbo and another, archbishop of Barcelona Jose Omella, served as a missionary in the Democrat…

August 13, 2018

Russia
Did Russia Really Dump Its U.S. Debt? Did Russia Really Dump Its U.S. Debt?

“Russia dumped 84% of its American debt,” blared a July CNN headline. Russian central-bank head Elvira Nabiullina said the sales were just part of “diversifying the entire structure of currencies…

July 23, 2018

International Economic Policy
Dashboard 1 Is Trump Right About the Strong Dollar? Not According to Our Mini Mac Index.

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July 8, 2010

Palestinian Territories
Benjamin Netanyahu

Related Readings: 'Critical' Moment for Obama, Netanyahu Interview with Robert Danin Remarks by President Obama and Prime Minister Netanyahu of Israel  

June 25, 2018

United States
Is the Fall in Foreign Treasury Holdings a Trump Dump? Is the Fall in Foreign Treasury Holdings a Trump Dump?

“In the age of Trump,” warned a Bloomberg op-ed last year, “America’s biggest foreign creditors are suddenly having second thoughts about financing the U.S. government.” Today, with Trump piling …

June 19, 2018

United States
Trump’s Tariffs Are Hurting U.S. Competitiveness Trump’s Tariffs Are Hurting U.S. Competitiveness

President Trump is seeking to reduce the U.S. trade deficit through tariffs, but logic and historical data show that his strategy will not help American jobs, growth or exports. Worse, loss of access to foreign parts amid a trade war will hurt American companies that depend on them to stay globally competitive.

June 13, 2018

Trade
Trump Tariffs Slam Canada, EU—Not China Trump Tariffs Slam Canada, EU—Not China

At the recent G-7 Summit meeting in Quebec, the first such summit ever to fail to produce a joint communiqué, President Trump served notice to America’s allies that his country had no shared interest…

June 20, 2017

South China Sea
China Coast Guard vessels patrol past a Chinese fishing vessel at the disputed Scarborough Shoal, April 5, 2017. Two Cardinal Sins of U.S. South China Sea Policy

In previewing this week’s inaugural U.S.-China Diplomatic and Security Dialogue, acting Assistant Secretary of State Susan Thornton took a question from Anne Gearan of The Washington Post about the T…

May 7, 2018

Emerging Markets
Should We Fear a Tighten Tantrum? Should We Fear a Tighten Tantrum?

Back in May 2013, then-Fed Chair Ben Bernanke roiled emerging markets (EM) with the mere suggestion that the Fed might soon pare back its monthly asset purchases under so-called quantitative easi…

April 18, 2018

China
China’s Currency Internationalization Is Failing; Oil Futures Won’t Rescue It China’s Currency Internationalization Is Failing; Oil Futures Won’t Rescue It

As we documented in a post one year ago, what The Economist once called the “unstoppable” internationalization of China’s currency—the RMB—has been stopped. Indeed, reversed. As the left-hand …