December 6, 2017Israel
President Trump’s decision to recognize Jerusalem as Israel’s capital and relocate the embassy there could inspire protest and set back the Israeli-Palestinian peace process.
February 15, 2018United States
It looks like a combination of tax cuts and spending increases will raise the U.S. fiscal deficit by about 2 percentage points of GDP (that’s the number Krugman used; Goldman’s US economics team puts…
January 23, 2018Venezuela
Venezuela’s latest attempt to raise capital by issuing a cryptocurrency, the petro, linked allegedly to its Orinoco oil reserves is problematical on so many levels, it is hard to know how to comment …
October 13, 2017Iran Nuclear Agreement
President Trump’s denunciation of the Iran nuclear deal has put the agreement on shaky footing, even if Congress declines to reinstate sanctions.
December 8, 2017South Korea
Korea didn’t stop the won from appreciating through 1090 (its intervention level in 2016); Taiwan seems to be blocking any move through 30.