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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November 21, 2006
Europe
The booms in Spanish and Irish real estate make the US real estate boom look timid
I have outsourced Thanksgiving blogging to Charles Gottlieb of the Center for European policy studies in Brussels. (Charles.gottlieb at ceps.be)His topic: The Spanish and Irish housing booms (or bu…
October 12, 2006
Europe
Is France the US of the Eurozone — at least when it comes to housing?
I have --on occasion -- pushed against the standard economic narrative on the US and Europe, one that contrasts the "flexible" US with "rigid" Europe. It has a grain of truth, but only a grain. T…
September 20, 2006
Europe
Is it Europe’s turn to rise a housing bubble?
Both Morgan Stanley (at least Eric Chaney) and JP Morgan (in their latest global outlook) now recognize that Europe has emerged as an important engine of global demand growth. Indeed, the 2005 sur…
June 18, 2006
Emerging Markets
A hard landing in 2006 - just not in the US?
Nouriel and I postulated back in early 2005 that there was a meaningful risk that the next “emerging market” crisis might come from the US – and it might come sooner than most expected. The basic q…
October 10, 2003
United States
Former U.S. Treasury Secretary Robert Rubin Named Vice Chairman of the Council on Foreign Relations
October 10, 2003—The Board of Directors named former U.S. Treasury Secretary Robert E. Rubin, director and chairman of the executive committee of Citigroup, as a vice chairman of the Council. He join…