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December 29, 2004

United States
Look who is supporting the mortgage market …

No Surprise: the People’s Bank of China. The PBOC has shifted from buying treasuries (03) to buying mortgage backed securities (04).From Reuters: "Make no bones about it, mortgages really went globa…

January 30, 2006

Emerging Markets
It is hard to bet on curve flattening when the curve is already flat

Or spread compression when spreads have already compressed. As David Altig kindly noted, I was quoted in Clint Riley's Wall Street Journal story about the impact of a flat yield curve on bank ear…

February 2, 2011

Treaties and Agreements
TWE Remembers: The Treaty of Guadalupe Hidalgo

Today marks the anniversary of the signing of the Treaty of Guadalupe Hidalgo formally ending the Mexican-American War. As you might have guessed, the treaty was signed in Guadalupe Hidalgo, which is…

Blog

March 18, 2011

Defense and Security
Friday File: Obama “Dithers” No More

  Libyan protesters in Tobruk celebrate after the UN Security Council passes a resolution authorizing a "no-fly" zone and military attacks on Muammar Qaddafi's forces. (Suhaib Salem/courtesy Re…

Libyan Protesters celebrate after a U.N. resolution authorising a

February 21, 2011

TWE Celebrates Presidents’ Day Because It Is the Day of Presidents

President George W. Bush meets with former Presidents and President-elect Obama in the Oval Office of the White House in Washington, January 2009. (Kevin Lamarque/courtesy Reuters) Being president o…

 U.S. President George W. Bush meets with former Presidents and President-elect Obama in the Oval Office of the White House in Washington, January 2009.

August 26, 2011

Defense and Security
Friday File: Checking in on Iraq

Policemen gather at the site of a bomb attack in Najaf on August 15, 2011. (Ali Abu Shish/courtesy Reuters) Above the Fold. While the blogosphere is now debating whether Libya marks a new era in U.S…

Policemen gather at the site of a bomb attack in Najaf, 160 km (100 miles) south of Baghdad August 15, 2011. At least three people were killed and 19 more wounded when two car bombs exploded, authorities said. Police captain Hadi al-Najafi in Najaf said the bombs targeted a police building. Suicide attackers and car bombs struck cities across Iraq on Monday, killing at least 50 people and wounding scores more in a rash of apparently coordinated assaults carried out by affiliates of al Qaeda, authorities said. REUTERS/Ali Abu Shish

July 27, 2011

Diplomacy and International Institutions
Birthday Wishes to the U.S. Department of State!

View of the Department of State in Washington, DC. (Kevin Lamarque/courtesy Reuters) If you happen to be passing by 2201 C Street, NW, in Washington, DC, today or stopping in at any of the more than…

View of the Department of State in Washington, DC.

June 15, 2011

International Organizations
Analysts and Former Policymakers Ask Congress to Restore EIA Funding

I wrote a few weeks back about the ill-advised cuts to the EIA budget that were part of the budget deal. Yesterday, I joined thirty policy analysts and former policymakers from across the political s…

November 4, 2011

Friday File: Remembering the Iranian Hostage Crisis

Letter from President Jimmy Carter to Ayatollah Ruhollah Khomeini regarding the release of American hostages, dated November 6, 1979. (Courtesy the National Archives) Above the Fold. Thirty-two year…

Letter from Jimmy Carter to Ayatollah Ruhollah Khomeini regarding the Release of the Iranian Hostages, 11/06/1979 (ARC Identifier: 593939); File Unit: Iran: 11/1-14/79; JC-NSA: Records of the Office of the National Security Advisor (Carter Administration), 1977 - 1981; Jimmy Carter Library, Atlanta, GA; National Archives and Records Administration.

November 19, 2011

United States
TWE Remembers: The Gettysburg Address

On this day in 1863, Abraham Lincoln spoke at the dedication of the Soldiers’ National Cemetery in Gettysburg, Pennsylvania. Four months earlier Union forces had repelled the Confederate army at the …

Gettysburg Address