Each Friday, I look at what the presidential contenders are saying about foreign policy. Congress is empowered to set tariff policy, but it has delegated much of its authority to the president.

Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: History suggests that any bump Kamala Harris gets from the debate will be fleeting.

Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: Whoever wins in November could find their policy plans stymied by a mounting national debt.

Brazilian Supreme Court bans X; Judge blocks Texas social media law; Internet Archive loses copyright case; U.S. announces effort to counter Russian disinformation; Cyberattack on Iran impacted banki…

Given the size and composition of its external lending, China should be clearing far more interest income on its reserves and policy lending than SAFE reports.

Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: The Democratic presidential nominee wasn’t asked about the biggest issues she would face as preside…

The IMF should take a mulligan on the 2024 External Sector Report. The imbalance in China’s goods trade is expanding, not receding. It is too big for the IMF to ignore.

This Week: The Democratic nominee said America has a “fleeting opportunity to move past the bitterness, cynicism and divisive battles of the past.”

China has a new way of calculating its good surplus in its formal balance of payments data. It is a deeply misleading. It also explains the apparent fall in the current account account surplus.

The IMF, while recognizing the liquidity challenges sure to be faced by several indebted countries in the coming years, needs to offer a solution that both widens its scope and deepens its analysis.