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October 15, 2019

South Africa
U.S. Treasury Moves Against South Africa’s Corrupt Gupta Family

The Office of Foreign Assets Control (OFAC) of the U.S Treasury has formally sanctioned on October 10 members of the Gupta family and associates, who are members of a “significant corruption network in South Africa.” Under the sanction, all Gupta property in the United States is blocked and must be reported to OFAC.

Sigal Mandelker addresses a press roundtable and gestures with her hand.

October 15, 2019

Taiwan
What Does Taiwan’s Hidden Forward Book Mean for Taiwan’s Financial Stability and U.S. Currency Policy?

Taiwan's central bank—and Taiwanese households—have taken on an awful lot of foreign currency risk over the years …

treasury fx intervention taiwan 4

October 11, 2019

Women and Women's Rights
How Violent Extremist Groups Profit From the Trafficking of Girls

As the world celebrates the power and potential of girls today, on the International Day of the Girl Child, we must also grapple with the significant obstacles that prevent girls from participating f…

One of the twenty-one Chibok school girls released by Boko Haram carries her baby during their visit to meet Nigerian President Muhammadu Buhari. Abuja, Nigeria. October 19, 2016.

October 10, 2019

Southeast Asia
A Review of “The Hidden History of Burma: Race, Capitalism, and the Crisis of Democracy in the 21st Century”

By Hunter Marston and Joshua Kurlantzick Hunter Marston is a doctoral candidate at Australian National University. In the run-up to Myanmar’s elections next year, there is little positive news …

Myanmar Author Thant Myint-U speaks during the DSC Jaipur Literature Festival (JLF) in Jaipur on January 23, 2012.

October 10, 2019

China
Game On: The NBA Runs Afoul of China but Scores Big

The facts are not in dispute. On October 6, Houston Rockets General Manager Daryl Morey tweeted: “Fight for Freedom: Stand with Hong Kong,” igniting a political firestorm in Beijing. Other Rockets he…

Fans in LeBron James jerseys pose for pictures with Chinese flags near security personnel outside the Mercedes-Benz Arena before the NBA exhibition game between Brooklyn Nets and Los Angeles Lakers in Shanghai, October 10, 2019.

October 9, 2019

India
Xi Jinping to India: Mamallapuram Edition

The Indian government announced today that Chinese President Xi Jinping will visit India later this week for an “informal summit” with Prime Minister Narendra Modi beginning October 11. The leader-le…

Modi and Xi in China

October 9, 2019

Taiwan
$130+ Billion in Undisclosed Foreign Exchange Intervention by Taiwan's Central Bank

Based on the profits and losses disclosed by Taiwan’s central bank, it appears that its true FX exposures exceed its disclosed foreign exchange reserves by USD 130bn, and perhaps by as much as USD 20…

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October 8, 2019

Iran
1970s Oil Crisis Redux or Oil Price Rout?

It has been four weeks since a major military attack on critical oil facilities in Saudi Arabia shocked the world and very little has happened to suggest such an event couldn’t happen again. That beg…

Some Motorists Ran Out of Gas Such as This Man in Portland and Had to Stand in Line with a Gas Can During the Fuel Crisis in the Pacific Northwest.

October 8, 2019

Taiwan
Could Taiwan’s Commercial Banks Cover the Lifers' Hedging Need? (Part 4)

Who is on the other side of the massive ($250 billion) hedging need of Taiwan's life insurance industry? The local banking system covers at most a quarter of the life insurers hedging need, and forei…

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October 8, 2019

Cybersecurity
Ctrl + Shift + Delete: The GDPR’s Influence on National Security Posture

While the GDPR's "right to be forgotten" expands personal data privacy rights, it could complicate intelligence agencies' data collection efforts by allowing terrorists to request to have social medi…

A 3D-printed Twitter logo is seen in front of a computer screen on which an Islamic State flag is displayed