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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 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.

February 1, 2024

United States
Transatlantic Divergence of Economic Outlooks – Implications for Central Bank Policies

Germans and Americans are pessimistic about their economies. While the European Central Bank and Federal Reserve remain committed to fighting inflation, the ECB faces a much tougher task.

Jay Powell

January 22, 2024

Economics
An SDR-Linked Bond Can Strengthen the Finances of the World Bank Group

SDR-denominated bonds have the potential to significantly strengthen the balance sheet of both the IBRD (The World Bank) and IDA, freeing up cash and helping both institutions deliver on their mandat…

An SDR-Linked Bond Can Strengthen the Finances of the World Bank Group

December 29, 2023

2023 in Review
Ten World Figures Who Died in 2023

Ten people who passed away this year who shaped world affairs for better or worse.

Sunset

December 28, 2023

United States
Remembering Ten Americans Who Died in 2023

As 2023 comes to a close, here are ten Americans we lost this year who made a mark in foreign policy. 

Half-staff flag

December 20, 2023

United States
Happy 4th Birthday to the U.S. Space Force!

The newest branch of the U.S. military marks its fourth year of service. 

Space Force

December 1, 2023

United States
Campaign Roundup: The Republican Presidential Candidates on Climate Change

Each Friday, I look at what the presidential contenders are saying about foreign policy. This week: Some Republican presidential candidates agree the planet is warming, but none has made tackling cli…

Rishi Sunak

November 29, 2023

Economics
How the U.S. and EU Could Harmonize Their Approaches to Trade in EVs and Steel

Despite sharing broadly similar policy goals, the U.S. and EU are currently struggling to find common approaches to trade in green goods. New ideas are needed.

How the U.S. and EU Could Harmonize Their Approaches to Trade in EVs and Steel

November 24, 2023

United States
Campaign Roundup: Election 2024 Will Decide Who Controls Congress

Every Friday, I look at what the presidential contenders are saying about foreign policy. This week: The 2024 election will decide whether the next president will face a friendly or a hostile Congres…

Capitol Building Blog Photo II