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May 24, 2018

World Health Organization (WHO)
WHO Director-General Tedros Adhanom Ghebreyesus attends a news conference at the United Nations in Geneva, Switzerland on May 18, 2018. A Scorecard for Dr. Tedros as the WHO’s Director-General

Tedros’s first year as Director-General of the WHO demonstrated his vision, leadership, and ability to seize an opportunity for action. However, concerns remain regarding his willingness to balance p…

April 25, 2018

Ireland
Irish Flag and Apple Logo Tax Avoidance and the Irish Balance of Payments

At this point, profit shifting by multinational corporations doesn’t distort Ireland’s balance of payments; it constitutes Ireland’s balance of payments.

April 13, 2018

Thailand
Previewing the U.S. Treasury’s April Foreign Exchange Report Previewing the U.S. Treasury’s April Foreign Exchange Report

The U.S. Treasury Department’s next foreign exchange report is due on April 15—so it should come out soon, maybe even tonight. Normally the section on China attracts all the attention. But righ…

January 17, 2018

U.S. Congress
Royce-Africa-Powell-Congress Ed Royce, Champion of Africa in the U.S. House, Will not Run for Reelection

This is a guest blog post by Anthony Carroll. Anthony is founding director of Acorus Capital, a private equity fund investing in Africa, and a vice president of Manchester Trade Limited, an internati…

October 17, 2017

China
Bitcoin and the Yuan Bitcoin and the Yuan

This is a guest post by Cole Frank, a research associate at the Council on Foreign Relations. China watchers are always looking for new ways to gauge capital flows and pressure on the yuan. The mo…

September 15, 2017

Eurozone
The Global Cost of the Eurozone’s 2012 Fiscal Coordination Failure The Global Cost of the Eurozone’s 2012 Fiscal Coordination Failure

The eurozone countries collectively did far too much fiscal adjustment in 2011, 2012, and 2013. Germany joined in the consolidation in 2012, hurting the eurozone—and the world.

July 11, 2017

Middle East and North Africa
2016 Curve Follow the External (Balance of Payments) Breakevens of the Oil Exporters

The global impact of oil’s fall from $100 plus to under $50 a barrel has not gotten as much attention as I think it deserves. For most oil exporters, it has been a profound shock—one that forced such…

June 29, 2017

United States
Tracking the Broad Dollar The Trump Dollar Revisited

Disaggregating the broad dollar.

June 21, 2017

Intelligence
FBI agents respond to a crime scene. The FBI’s Role in National Security

The Federal Bureau of Investigation has been reoriented toward counterterrorism in recent years, but continues to face charges of overreach.

April 5, 2007

Peacekeeping
Cole: Khamenei Used British Captives to Energize Iranian Nationalism

Juan Cole, an expert on Iran, says Iranian Supreme Leader Ayatollah Ali Khamenei used the capture of British military personnel “to whip up Iranian nationalistic sentiments” to garner support for his…