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International efforts, such as the Paris Agreement, aim to reduce greenhouse gas emissions. But experts say countries aren’t doing enough to limit dangerous global warming.
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April 15, 2024
Japan
Prime Minister Kishida’s Tour de Force
The highlights from Kishida Fumio's busy week in Washington.
April 18, 2024
Palestinian Territories
What Is Hamas?
The Palestinian militant group struggled to govern the Gaza Strip before launching a surprise attack on Israel in 2023. Now facing Israel’s military campaign to destroy it, Hamas’s future is in doubt…
February 21, 2007
Financial Markets
The size of the global carry trade (once again)
The Bank of Japan's recent rate hike doesn't seem to have dented the world's appetite for carry trades. If anything, the BoJ's signal that it won't changes rates too quickly seems to have added to t…
January 29, 2008
Financial Markets
Dollar, funding currency for the global carry trade?
With the Fed now aggressively cutting US interest rates to keep the bursting of a real estate bubble from devastating the US financial system and economy, is the dollar about to turn into the yen- th…
March 15, 2007
Financial Markets
Just how big is the yen carry trade?
Stephen Jen of Morgan Stanley insists not-so-big. Or at least that the large size of the carry trade cannot be proved – and that the impact of any recent unwinding has been overstated. That is his…
February 4, 2007
Financial Markets
The mechanics of the carry trade, revealed … (sort of)
Andrew Rozanov of State Street knows a thing or two about how official institutions manage their money (that is a big part of his current job) and a thing or two about Japan (he was based in Tokyo fo…