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September 23, 2005

China
Did anything really change with the RMB today?

Widening the trading band around the dollar would be a big deal. Widening the trading bands around other currencies does not strike me as a big deal.  It - in a sense - just makes it easier to sti…

March 27, 2006

Economics
The Economist’s Lexington columnist needs to get out a bit more …

Rather amazingly, the only US public intellectuals that seem to have made it onto Lexington's radar screen come from the American right.     The Neocon right and its pet idea (invading Iraq), the eco…

October 18, 2008

Monetary Policy
Where is my swap line? And will the diffusion of financial power Balkanize the global response to a broadening crisis?

Some emerging market central banks have noticed that they – unlike the Bank of Japan, Bank of England, Swiss National Bank and the European Central Bank – don’t have access to unlimited dollar credit…

June 15, 2011

Lord Stanley’s Cup Meets Globalization

The Stanley Cup trophy. (Chip East/courtesy Reuters) Globalization meets hockey tonight at 8 PM when the Boston Bruins square off against the Vancouver Canucks in Game 7 of the Stanley Cup finals. A…

The Stanley Cup trophy is seen in the National Hockey League’s store in New York, April 15, 2009. The quest for the Stanley Cup begins tonight with the start of the NHL playoffs. (Chip East/courtesy Reuters)

September 13, 2011

UN Summit on Noncommunicable Diseases

The United Nations logo displayed on a door at the U.N. headquarters in New York. (Joshua Lott/courtesy Reuters) Next Monday the United Nations will host its first ever High-Level Meeting on Noncomm…

The United Nations logo is displayed on a door at U.N. headquarters in New York February 26, 2011. The U.N. Security Council plans to vote on Saturday on a draft resolution that would slap sanctions on Libya’s leaders and refer the recent violence to the International Criminal Court, diplomats said. REUTERS/ Joshua Lott (UNITED STATES - Tags: POLITICS)