Council of Councils
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
December 9, 2004
Henry Kaufman’s name sits on the building where I work. If nothing else, that means you tend to take notice of his opinion.He nicely summarizes why many believe the dollar won’t fall much further, o…
May 29, 2005
EuropeFrance has spoken.I don’t have any creative or original thoughts on what the French vote means for Europe, though, like many others, I found Henry Farrell’s thoughts interesting. For those intereste…
May 20, 2007
ChinaChina widened the band around the RMB and raised (slightly) interest rates, with the rate on deposits going up more than the rate on lending. It hardly seemed like a major policy shift to me – bu…
June 17, 2008
ChinaTreasury Secretary Paulson apparently plans to shift the focus of the Strategic Economic Dialogue away from the renminbi. John Brinsley and Li Yanping of Bloomberg report: "The currency issue …
September 11, 2008
Monetary PolicyThe latest data from the Fed’s custodial accounts (money that the Fed holds for foreign central banks) is out. It indicates that the central banks reduced their holdings of Agencies from $958.6b las…