Council of Councils
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
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October 9, 2019
Taiwan
$130+ Billion in Undisclosed Foreign Exchange Intervention by Taiwan's Central Bank
Based on the profits and losses disclosed by Taiwan’s central bank, it appears that its true FX exposures exceed its disclosed foreign exchange reserves by USD 130bn, and perhaps by as much as USD 20…
June 26, 2023
Israel
The Netanyahu Invitation and West Bank Settlement Expansion
By refusing to invite Israeli Prime Minister Benjamin Netanyahu to visit the White House, the Biden administration is foolishly strengthening the very forces it most often criticizes in the Israeli g…
January 11, 2023
China
China’s Failed Influence Efforts in Central and Eastern Europe
Despite significant investment, China's attempts to cultivate influence in Central and Eastern Europe have faltered in recent years.
May 20, 2011
Europe and Eurasia
Is the ECB Draining its own Powers?
Back in 2000, the European Central Bank’s first president, Wim Duisenberg, explained how he knew the Bank’s operational framework for implementing monetary policy was working well. It was, he said…
January 3, 2012
Iran’s Central Bank: a Lesson
In 2011 Congress forced a reluctant Obama Administration into tougher sanctions against Iran than it desired. One of the toughest required U.S. sanctions against Iran’s Central Bank. This is an old …