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October 17, 2019

Defense and Security
Funding the Nuclear Triad to Deter Great Power Adversaries

Captain Brian L. Sittlow is a naval officer, specializing in submarines, and a military fellow at the Council on Foreign Relations (CFR). The opinions expressed in this article are solely those of th…

Following a strategic deterrence patrol, the Ohio-class ballistic-missile submarine USS Alaska returns to its homeport at Naval Submarine Base Kings Bay, Georgia, U.S. in this April 2, 2019 handout photo.

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 7, 2019

Global Governance
Remembering the Washington Conference That Brought the World Standard Time

The 1884 International Meridian Conference gave the world standard time and constituted a seminal moment in the history of globalization. 

A line marks the 'Prime Meridian of the World' at Longitude 0 degrees at the Royal Observatory in Greenwich.

October 24, 2019

Japan
A Puzzle in Japan’s Balance of Payments: What Explains Strong Foreign Demand for JGBs?

Japanese investors have an obvious incentive to search for yield abroad. But why has foreign demand for Japanese bonds almost matched Japanese demand for foreign bonds?

A Puzzle in Japan’s Balance of Payments: What Explains Strong Foreign Demand for JGBs?

September 3, 2019

United States
Geopolitics in a Liberalizing LNG Market: A Primer

This is a guest post by Brian Myers, a graduate student at the Center for Global Affairs at New York University. While the U.S.-China trade war has cast a pall over the previous rosy outlook for g…

A liquefied natural gas (LNG) tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan, ON November 13, 2017.

September 11, 2019

International Economic Policy
Are Asian Insurers the New European Banks?

It is hard to understand the global flow of funds without understanding the risks now being taken by Japanese, Taiwanese, and Korean life insurers.

Are Asian Insurers the New European Banks?

August 7, 2019

United States
Election 2020: Kirsten Gillibrand, Democratic Presidential Candidate

It has been a while since Americans have elected successive presidents from the same state. Not since November 2, 1880 in fact.* That’s when Republican James A. Garfield of Ohio won the right to succ…

Kirsten Gillibrand

August 6, 2019

United States
U.S. Gun Policy: Global Comparisons

High-profile mass shootings in the United States in recent years have rekindled the gun control debate and raised comparisons of policies around the world.

A gun enthusiast looks at a rifle scope

May 13, 2011

The Resignation of George Mitchell

U.S. Mideast Envoy George Mitchell in Cairo December 15, 2010. (Amr Dalsh/Courtesy Reuters) George Mitchell resigned today as the president’s special envoy for the Middle East. Mitchell was appointe…

U.S. Mideast Envoy George Mitchell in Cairo December 15, 2010.

July 23, 2019

North Korea
Sino-U.S. Strategic Competition Impedes a Nuclear Deal With North Korea

The Chinese view an expanding North Korean nuclear program as hastening the erosion of American credibility throughout Asia, and eventually contributing to China’s assumption of the role of regional …

U.S. President Donald J. Trump and China's President Xi Jinping meet business leaders at the Great Hall of the People in Beijing, China, on November 9, 2017.