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December 18, 2020

Transition 2021
Transition 2021: How Much Foreign Policy Leverage Is Trump Leaving Biden?

Each Friday, I look at what is happening in President-Elect Joe Biden’s transition to the White House. This week: The Biden administration may have less leverage to strike winning deals than he, and …

President-Elect Joe Biden stands behind a podium labelled "Office of the President Elect."

September 23, 2011

Defense and Security
You Might Have Missed: Drones, Drones, Drones

Lt. Col. Geoffrey Barnes, Detachment 1 46th Expeditionary Reconnaissance Attack Squadron commander, performs a pre-flight inspection of an MQ-1B Predator unmanned drone aircraft on September 3, 2008 …

Lt. Col. Geoffrey Barnes, Detachment 1 46th Expeditionary Reconnaissance Attack Squadron commander, performs a pre-flight inspection of an MQ-1B Predator unmanned drone aircraft on September 3, 2008 (Christopher Griffin/Courtesy Reuters).

February 22, 2017

China
China’s Estimated Intervention in January

It should go almost without saying that China’s ability to maintain its current exchange rate regime matters. The yuan has been more less stable against the CFETS basket since last July. If the cu…

China’s Estimated Intervention in January

August 28, 2017

Artificial Intelligence (AI)
The Cybersecurity Vulnerabilities to Artificial Intelligence

The tech world hopes that artificial intelligence (AI) will make our lives easier, but are they paying enough attention to its inherent cybersecurity vulnerabilities?

Ex Machina

March 22, 2009

Budget, Debt, and Deficits
Last week’s move in the Treasury market ...

When financial historians get around to writing the history of the great crisis of 2008 (or great crisis of 2007-09?), they will no doubt focus on the collapse of the market for securitized mortgages…

Last week’s move in the Treasury market ...