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February 5, 2019

Israel
Caught Between Giants: How Will Israel Navigate the U.S.-China Tech Cold War?

Given its close diplomatic and security ties with the United States and its growing economic ties with China, where does Israel stand amidst the U.S.-China trade war?

Israeli Prime Minister Benjamin Netanyahu and Chinese Vice President Wang Qishan hit a gong as they attend the fourth Israel-China Joint Committee on Innovation Cooperation meeting at the foreign ministry in Jerusalem, October 24, 2018.

December 5, 2018

Emerging Markets
What’s in Store for Emerging Markets?

Market pressure on Turkey and Argentina has abated a bit, thanks to a large IMF program that funds Argentina for another year and the apparent ability of Turkey’s banks to roll over a large share of …

What’s in Store for Emerging Markets?

November 9, 2018

China
Foreign Capital Has Been Propping Up China’s Currency. Here’s What Happens When It Leaves.

“I think China’s manipulating their currency, absolutely,” President Trump said back in August. Yet the People’s Bank of China (PBoC) was, and has been, intervening to keep the RMB up, and not to…

Foreign Capital Has Been Propping Up China’s Currency. Here’s What Happens When It Leaves.

January 28, 2019

Israel
Israel's Permanent Occupation of the Golan Heights

Should the United States recognize Israeli sovereignty over the Golan Heights? The question has come up in the last few weeks, because Israel is having an election in April. Prime Minister Benjamin N…

An Israeli soldier speaks on his mobile phone at a military outpost on Mount Hermon in the Golan Heights over looking the Israel-Syria border February 4, 2015.

January 28, 2019

Israel
The Golan Heights Should Stay Israeli Forever

At least one of Israel’s occupations will be permanent, whether anyone else likes it or not.

An Israeli soldier speaks on his mobile phone at a military outpost on Mount Hermon in the Golan Heights over looking the Israel-Syria border February 4, 2015.

October 30, 2018

Economics
The Fed Should End Forward Guidance

In the Wall Street Journal earlier this month, we examined the change over time in the market reaction to Fed “forward guidance” on future interest rates. During the crisis, with the Fed’s policy…

The Fed Should End Forward Guidance

January 23, 2019

Military Operations
Climate Change Is a Threat to Military Security

This is a guest post by Benjamin Silliman, research associate for Energy Security and Climate Change at the Council on Foreign Relations.  Earlier this month, the U.S. Department of Defense (DoD) …

Damage caused by Hurricane Michael is seen on Tyndall Air Force Base, Florida, U.S., October 16, 2018.

October 18, 2018

China
With Growth Sagging, China Shifts Back to Socialism

“Deleveraging at State-Owned Enterprises,” said Chinese president Xi Jinping back in July 2017, “is of the utmost importance.” Fast forward to today, and the sentiment rings hollow. With growt…

With Growth Sagging, China Shifts Back to Socialism

January 14, 2019

Philippines
Rodrigo Duterte: Fire and Fury in the Philippines: A Review

In the months before Brazil’s elections in October 2018, many experts both within and outside the country dismissed the possibility that Jair Bolsonaro, a former army captain and previously obscure f…

Duterte

September 18, 2018

United States
U.S. Housing-Market Trends Suggest Recession Around Election Time, 2020

Ten years ago, in September 2008, plunging home prices pushed Lehman Brothers into bankruptcy, fueling a financial crisis that sent the United States, and much of the world, into a deep recession…

U.S. Housing-Market Trends Suggest Recession Around Election Time, 2020