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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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May 27, 2014
India
Hello, Narendra Modi: Prime Minister of India
India did not produce Horatio Alger, but it certainly has produced a Horatio-Alger story: Narendra Modi. Yesterday the son of a poor tea seller took the oath of office as India’s fourteenth (or fifte…
April 9, 2007
Monetary Policy
What have the world’s central banks been up to? The latest Treasury survey provides some clues
I suspect I am one of a very small number of people who eagerly awaits the publication of the Treasury’s annual survey for foreign portfolio investment. Wall Street doesn’t find it particularly u…
April 14, 2015
Politics and Government
Campaign 2016: Senator Marco Rubio, GOP Presidential Candidate
Long shots sometimes pay off. Just ask Senator Marco Rubio. He won his first race for political office at age 26 by beating an incumbent county commissioner. A year later he won a seat in Florida’s s…
April 18, 2011
Politics and Government
Campaign 2012: Hello Rick Santorum, GOP Presidential Candidate
Rick Santorum speaks during the Iowa Faith & Freedom Coalition's Spring Event in Waukee, Iowa March 7, 2011. (Brian Frank/courtesy Reuters) Pennsylvania State University can claim many accomplishmen…
September 17, 2007
Financial Markets
The first true twenty-first century financial crisis?
Larry Summers – picking up on a phrase perhaps first used by Michel Camdessus -- liked to call the Mexican crisis the first financial crisis of the 21st century. Mexico’s decision to exhaust its re…