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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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February 12, 2016
Highlights of the Global Threat Briefings
Senate Armed Services Committee Hearing, “Worldwide Threats,” witnesses: Director of National Intelligence James Clapper and Defense Intelligence Agency Director Lt. Gen. Vincent Stewart, February 9,…
September 17, 2007
Financial Markets
The first true twenty-first century financial crisis?
Larry Summers – picking up on a phrase perhaps first used by Michel Camdessus -- liked to call the Mexican crisis the first financial crisis of the 21st century. Mexico’s decision to exhaust its re…
March 1, 2009
Monetary Policy
Secrets from the Treasury’s Survey: It looks like China bought a lot of equities just before the stock market tumbled
Late on Friday, the US Treasury released the preliminary results of its annual survey of foreign portfolio investment in the US. That always makes for an interesting weekend. The survey offers …
September 18, 2005
United States
Synthetic CDOs, China and Systemic Risk
I suspect the stock of outstanding synthetic credit derivatives -- $ 1500 b in synthetic CDOs in 2004 v. $300 b or so in 2001, according to Mark Whitehouse of the Wall Street Journal -- is the only t…