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April 12, 2024

China
China’s New Currency Peg

The peg that shall not be named, and all the trouble that creates.

China’s New Currency Peg

March 25, 2024

Maternal and Child Health
Women This Week: Gambia Moves to Reverse Ban on Female Genital Mutilation

Welcome to “Women Around the World: This Week,” a series that highlights noteworthy news related to women and U.S. foreign policy. This week’s post covers March 16 to March 22.

Gambians protest against a bill aimed at decriminalizing female genital mutilation as parliament debates the bill in Banjul, Gambia March, 18, 2024.

March 18, 2024

Japan
The Japanese Bid for Foreign Bonds After the End of Yield Curve Control

The Bank of Japan (BoJ) is widely expected to end yield curve control. But Japanese yields will remain low, and foreign bonds will remain attractive to those Japanese investors who don’t have to hedg…

The Japanese Bid for Foreign Bonds After the End of Yield Curve Control

March 10, 2024

China
China’s Record Manufacturing Surplus

The U.S. likes talking about the dominance of the dollar. But don’t short-change China’s current dominance of manufacturing trade. Trade imbalances need to be taken seriously again.

Manufactured Goods Surpluses

March 5, 2024

United States
Ten Facts About the State of the Union Address

President Biden will deliver the annual State of the Union address on Thursday night. Here are ten things you might not know about the tradition of having a president deliver an annual address.

Biden SOTU 2023

February 22, 2024

Economics
The IMF Needs to Focus on Setting Good Targets for External Debt Sustainability

The IMF has two frameworks for assessing debt sustainability. The market access country framework is more technically advanced, but it isn't delivering reasonable targets for debt restructuring cases…

10-Year Bonds: Key Cases

February 6, 2024

Nigeria
Life After Weber

What if the solution to insecurity in Nigeria is beyond the capacity of the state?

A Nigerian police officer is shown holding a rifle while a large police vehicle is shown in the background.

February 5, 2024

China
China’s New Currency Playbook

China’s pivot to a new strategy of indirect intervention through its large state banks requires new approaches to policing currency policies by both the U.S. Treasury and IMF.

Settlement by banks in China vs. Yuan-Dollar Exchange Rate

February 2, 2024

Sexual Violence
Women This Week: Record Protest in Kenya Against Femicide

Welcome to “Women Around the World: This Week,” a series that highlights noteworthy news related to women and U.S. foreign policy. This week’s post covers January 27 to February 2.

Human rights activists react as they attend a protest demanding an end to femicides in the country in Kenya's capital, Nairobi, January 27, 2024.

February 1, 2024

Russia
Mobilizing Russia’s Immobilized Reserves

A quick note on the debate over the use of Russia’s frozen reserves.

Euro banknotes at a money exchange office.