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February 16, 2024

United States
Election 2024: Donald Trump Says He Will Not Protect “Delinquent” NATO Members

Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: The forty-fifth president says he will encourage Russia to attack NATO countries who don’t spend en…

Trump Photo

November 13, 2020

Transition 2021
Transition 2021: When Presidents Don’t Concede

Each Friday, I look at what is happening in President-Elect Joe Biden’s transition to the White House. This week: Trump puts the transition process in limbo and Biden begins building his team. 

President-Elect Joe Biden stands behind a podium with the words "Office of the President Elect."

September 13, 2017

South Africa
'Don't Underestimate Zuma'

For those in South Africa and elsewhere devoted to the rule of law, the supremacy of constitutional institutions over individual personalities, and repelled by corruption, South Africa’s President Ja…

Dlamini-Zuma-ANC-Jacob-Leadership-President

November 7, 2011

Russia
Don’t Bet on the BRICs

(L-R) India's Prime Minister Manmohan Singh, Russia's President Dmitry Medvedev, China's President Hu Jintao, Brazil's President Dilma Rousseff and South African President Jacob Zuma attend a joint n…

(L-R) India’s Prime Minister Manmohan Singh, Russia’s President Dmitry Medvedev, China’s President Hu Jintao, Brazil’s President Dilma Rousseff and South African President Jacob Zuma attend a joint news conference at the BRICS Leaders Meeting in Sanya, Hainan province April 14, 2011.

July 18, 2013

Monetary Policy
Mortgages and Monetary Policy Don’t Mix

From the beginning of 2009 through this past May 21st, the Fed amassed a portfolio of mortgage-backed securities (MBS) valued at $1.2 trillion.  Over this period, the average 30-year fixed mortgag…

Mortgages and Monetary Policy Don’t Mix