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January 13, 2020

India
Scale Without Power: Global Cities in the World's Largest Democracy

This piece was originally published in the Diplomatic Courier as part of a collaboration with the Great Powers and Urbanization Project. It was adapted from the Workshop on Cities, Geopolitics, and t…

A laundry and high-rise buildings in Mumbai, India

January 10, 2020

China
Cyber Week in Review: January 10, 2020

Trump administration pressed Dutch government to cancel sale of chip equipment to China; Congressional commission mulls new private sector reporting requirements; DHS warns of cyberattacks following …

Employees are seen working on the final assembly of ASML's TWINSCAN NXE:3400B semiconductor lithography tool with its panels removed

January 7, 2020

India
Global Cities in the World’s Largest Democracy

Over the past 25 years, two defining trends in foreign policy have gained momentum. The first, and most obvious, has been the gradual shift from the post-Cold War moment to an increasingly multipolar…

A laundry and high-rise buildings in Mumbai, India

December 10, 2019

Albania
The Debate Over Letting Balkan States Into the EU

As EU accession talks with Albania and North Macedonia falter, the bloc’s commitment to expansion has come under increasing doubt.

October 22, 2019

Trade
The October Truce on U.S.-China Trade Failed to Address Subsidies

Concern that China's subsidies caused a flood of cheap imports was what started the U.S.-China trade war in the first place, but subsidies were not mentioned even once when President Trump announced …

U.S. China Currency

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…

fig 19

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…

fig 3

October 4, 2019

Taiwan
Shadow FX Intervention in Taiwan: Solving a 100+ billion dollar enigma (Part 3)

This is the third post in a series* on Taiwan's life insurers and their private & sovereign FX hedging counterparties. It’s the product of a collaboration with S.T.W**, a market participant and frien…

Shadow FX Intervention in Taiwan: Solving a 100+ billion dollar enigma (Part 3)

September 4, 2019

Terrorism and Counterterrorism
Coastal West Africa Now Facing Islamist Extremist Threat

West Africa is facing a growing threat from Islamist extremist groups. Many of these groups originated in Mali but have since spilled over its borders, with jihadis establishing themselves in the north and east of Burkina Faso. The country has become a desirable haven for many groups because of the security vacuum that has defined the country following the deposition of longtime strongman Blaise Compaore.

Silhouetted palm trees and woman carrying merchandise on her head on beach at sunset, Gulf of Guinea, Lome, Togo, West Africa.