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May 25, 2006

United States
You know, there are safe havens that do not have a current account deficit of $1 trillion …

Incidentally, I am not the only one who thinks that the US current account deficit is heading toward a trillion.   The OECD now forecasts $965b current account deficit in 2006 (7.2% of GDP), and $107…

June 8, 2006

Monetary Policy
You read it here first (Russia is diversifying its reserves)

I have been wrong about enough things that it is nice to be right (or at least sort of right) about something.  Particularly if it is something that I discovered as a result of a lot of sleuthing thr…

July 9, 2008

Maybe China is a typical creditor after all

Creditors through the ages haven’t liked to take policy advice from debtors. They generally tend to think that borrowers should listen to the advice offered by those lending them money. And they…

October 12, 2008

Financial Markets
On the precipice

Words no Managing Director of the International Monetary Fund ever wants to utter: “Intensifying solvency concerns about a number of the largest US-based and European financial institutions have pu…

August 12, 2011

Budget, Debt, and Deficits
Friday File: The GOP Debate Meets Budget Math

Winthrop, Iowa. (Jessica Rinaldi/courtesy Reuters) Above the Fold. Foreign policy took a back seat to Obama bashing and internal GOP sniping in last night’s Republican presidential debate. Rick Sant…

A farm in the town of Winthrop, Iowa. (Jessica Rinaldi/courtesy Reuters)

June 3, 2011

Defense and Security
Friday File: The Afghanistan Debate Heats Up

A U.S. Marine watches an evening storm gather above an outpost in Helmand province in Afghanistan. (Finbarr O'Reilly/courtesy Reuters) Above the Fold. Next month President Obama will likely anno…

A U.S. Marine watches an evening storm gather above an outpost in Helmand province.

August 18, 2011

Conflict Prevention
Movie Review: The Interrupters

An aerial view of downtown Chicago is seen from Air Force One July 6, 2006 (Jason Reed/Courtesy Reuters). I want to highly recommend a new documentary film, “The Interrupters,” which provides a grip…

Movie Review: The Interrupters

October 21, 2011

Budget, Debt, and Deficits
Friday File: The Super Committee Has Thirty-Three Days

A pigeon sits on a clock in Frankfurt. (Alex Domanski/courtesy Reuters) Above the Fold. The super committee now has a bit more than a month to strike a long-term deficit reduction deal. I’m skeptica…

A pigeon sits on a clock in front of the Frankfurt stock exchange, August 25, 2011. REUTERS/Alex Domanski (GERMANY - Tags: ANIMALS)

September 19, 2011

Sub-Saharan Africa
Boko Haram in the Niger Delta?

A man, suspected of being involved in a series of bomb attacks, walks handcuffed outside the Wuse magistrate court in Nigeria's capital Abuja September 13, 2011. (Afolabi Sotunde/Courtesy Reuter…

Boko Haram in the Niger Delta?

February 14, 2012

Sub-Saharan Africa
Nigeria: Bayelsa Votes

Bayelsa state, in the oil-rich Niger Delta, went to the polls on Saturday to elect a new governor. The winner, by a huge majority, was Henry Dickson, the PDP candidate and a close political ally of P…

An electoral official pastes local results of presidential elections on the wall of the Yenagoa electoral commission in Bayelsa, April 17, 2011.