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June 4, 2013

Turkey
Keep Calm, Erdogan

This article was originally published on ForeignAffairs.com on Monday, June 3, 2013.  When Recep Tayyip Erdogan was mayor of Istanbul in the mid-1990s, he did what successful big city mayors do -- h…

KeepCalmErdogan

August 24, 2017

Thailand
Thailand’s Enforced Calm Could Collapse After Yingluck Trial

On Friday, former Thai Prime Minister Yingluck Shinawatra will hear the verdict in her trial over allegedly neglecting management of a massive rice subsidy plan. She oversaw the rice subsidy during h…

Yingluck_Thailand_8.1.2017

September 20, 2016

China
The August Calm (Updated Chinese Intervention Estimates)

The proxies that provide the best estimates of China’s actual intervention in the foreign currency market in August are out, and they in no way hint at the stress that emerged in Hong Kong’s interban…

cny-9-19-fx-settlement

June 27, 2013

China
The New Geo-Graphics iPad Mini Index Should Calm Talk of Currency Wars

The “law of one price” holds that identical goods should trade for the same price in an efficient market.  To what extent does it hold internationally? The Economist magazine’s famous Big Mac Ind…

The New Geo-Graphics iPad Mini Index Should Calm Talk of Currency Wars

August 22, 2023

Kenya
Kenya’s Governance Dilemma

With no clear end in sight for Kenya’s cost of living crisis, the Ruto administration will struggle to promote calm while managing expectations.

Red and white flowers lay before a vigil of photos showing Kenyans who had been killed in recent protests in July 2023 in Nairobi, Kenya.

March 22, 2024

United States
Election 2024: Are Americans Turning Isolationist?

Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: Much like talk of Mark Twain’s death, claims that Americans are turning their back on the world are…

The sun as viewed disappearing beneath the horizon.