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October 9, 2019

Taiwan
$130+ Billion in Undisclosed Foreign Exchange Intervention by Taiwan's Central Bank

Based on the profits and losses disclosed by Taiwan’s central bank, it appears that its true FX exposures exceed its disclosed foreign exchange reserves by USD 130bn, and perhaps by as much as USD 20…

fig 19

April 7, 2015

Politics and Government
Campaign 2016: Senator Rand Paul, GOP Presidential Candidate

Is America ready for a "Libertarian-ish" president? We are about to find out. Today Senator Rand Paul (R-KY) formally announced his presidential campaign, making him the second Republican candidate, …

Rand Paul Announcement

December 26, 2013

Defense and Security
Ten Americans Who Died in 2013 Who Shaped U.S. Foreign Policy

As 2013 comes to a close, here are ten influential U.S. foreign policy figures who passed away this year. 

American flags fly at half mast. (Jonathan Ernst/Courtesy Reuters)

December 1, 2014

Global
Ten Historical Anniversaries of Note in 2015

As 2014 comes to a close, here are ten notable historical anniversaries to mark in 2015.

Nelson-Mandela-Anniversaryy

September 21, 2006

China
Why China’s $1 trillion in reserves are unlikely to be of much use in a banking crisis

It is rather hard to read Andrew Browne’s report of the building boom in Zhengzhou in last week’s Wall Street Journal --- or for that matter many other accounts of China’s current investment boom – a…