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April 18, 2005

Financial Markets
Tactical Issue Linkages

Dan Drezner has an interesting post up, laying out the components of a "serious" approach to encouraging (or pressuring) China to change its exchange rate peg. He nicely lays out the options, thoug…

July 10, 2005

China
Has a slowing Chinese economy eliminated domestic pressure for a renminbi revaluation?

Alan Greenspan told Senators Schumer and Graham that China would soon make its currency regime more flexible, and that they should hold off. They no doubt took "flexible" to mean "let its currency ap…

March 27, 2006

United States
Good thing Michael Mandel read my 2004 paper, not my 2005 paper -

With the 2004 paper on US external sustainability, there is at least some possibility that Nouriel's and my dire forecasts will prove to be right.   The core argument of that paper is that the co…

July 28, 2006

China
The premier speaks, the analysts listen …

I no longer will be able to make fun of China for letting its exchange rate float between 7.991 and 7.999.   The RMB is now toying with 7.97.  China’s top leadership now seems convinced that maybe…

April 23, 2010

Fossil Fuels
In Memoriam: The "Linked Fee"

Oh, “linked fee”, we hardly knew you. For the last few months, conventional wisdom held that the Kerry-Lieberman-Graham climate bill, due out next Monday, would tackle emissions from transportation i…

September 20, 2010

Fossil Fuels
Do The Oil Sands Have a "Carbon Opportunity Cost"?

Joe Romm attacks Lindsey Graham in a post yesterday for Senator Graham’s comments about the Canadian oil/tar sands. Set aside Romm’s broader critique – like him, I find Graham’s claim that oil sands …

December 22, 2010

Politics and Government
Turn Out the Lights

Somewhere up above Dandy Don Meredith is singing "Turn Out the Lights, The Party’s Over." Unless Senators Mitch McConnell and Jon Kyl can find some of the magic that graced the Philadelphia Eagles …

Turn Out the Lights

February 4, 2011

Politics and Government
Friday File: Revolution and Reaction

Riot police clash with protesters in Cairo. (Goran Tomasevic/courtesy Reuters) Above the Fold. This week’s crackdown on anti-government protesters in Egypt makes clear that President Hosni Mubarak—o…

Riot police clash with protesters in Cairo January 26, 2011.

February 25, 2011

Politics and Government
Friday File: Washington Braces for the Showdown over the Government Shutdown

Senate Budget Committee Ranking member Jeff Sessions and House Budget Committee Chairman Paul Ryan speak in response to President Barack Obama's Fiscal Year 2010 budget in Washington. (Jason Reed…

Senate Budget Committee Ranking member Jeff Sessions and House Budget Committee Chairman Paul Ryan speak in response to President Barack Obama’s Fiscal Year 2010 budget in Washington

April 8, 2011

Defense and Security
Friday File: Who Will Succeed Bob Gates as Secretary of Defense?

U.S. Secretary of Defense Robert Gates and Admiral Mike Mullen enter the auditorium before Oabma's speech about the conflict in Libya at the National Defense University on March 28, 2011. (Larry…

U.S. Secretary of Defense Gates and Admiral Mullen enter the auditorium before Oabma’s speech about the conflict in Libya at the National Defense University on March 28, 2011.