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December 6, 2017

Israel
The Israeli and American flags are projected on the walls surrounding Jerusalem’s Old City. What’s At Stake With the U.S. Recognition of Jerusalem

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, 2018

United States
Trump’s Tax Success Is at the Expense of His Trade Agenda Trump’s Tax Success Is at the Expense of His Trade Agenda

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…

December 1, 2017

Yemen
Shipping to the Red Sea port of Hodeidah has been largely cut off. How the Saudi Blockade Threatens Famine in Yemen

Averting famine will require Saudi Arabia to permit the resumption of commercial shipping of food and fuel to the besieged country.

October 13, 2017

Iran Nuclear Agreement
Kerry-Zarif-RTX22N89.jpg The Impact of the Iran Nuclear Agreement

Iran has restricted its nuclear program and given international inspectors unprecedented access, but it has not seen the economy recovery expected in the aftermath of the agreement with international…

January 23, 2018

Venezuela
The corporate logo of the state oil company PDVSA is seen at a gas station in Caracas, Venezuela December 1, 2017. How Much Worse Can it Get for Venezuela’s State Oil Firm PDVSA?

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 …

November 17, 2017

Lebanon
King Salman meets with Saad Hariri in Riyadh. Saudi Arabia’s Lebanon Gambit

Saudi Arabia pressed Lebanese Prime Minister Saad Hariri to resign to try to weaken Iran-backed Hezbollah in Lebanon. The path to resolving the crisis could run through Yemen.

October 13, 2017

Iran Nuclear Agreement
President Trumps speaks about the Iran nuclear agreement at the White House. Will Decertification Spike the Iran Nuclear Accord?

President Trump’s denunciation of the Iran nuclear deal has put the agreement on shaky footing, even if Congress declines to reinstate sanctions.

September 29, 2017

Spain
Students demonstrate with Catalan separatist flags in Barcelona. Can Catalonia Split With Spain?

Spain’s effort to block Catalonia’s referendum on independence may push more Catalan voters to support it.

December 15, 2017

United States
Why The Trade Balance (Still) Matters Why The Trade Balance (Still) Matters

It is a useful indicator (even for the U.S.)

December 8, 2017

South Korea
Korean Won Up, New Taiwan Dollar Flat: An Update on Asian Intervention Korean Won Up, New Taiwan Dollar Flat: An Update on Asian Intervention

Korea didn’t stop the won from appreciating through 1090 (its intervention level in 2016); Taiwan seems to be blocking any move through 30.