227 Results for:

June 4, 2013

Turkey
Keep Calm, Erdogan

This article was originally published on ForeignAffairs.com on Monday, June 3, 2013.  When Recep Tayyip Erdogan was mayor of Istanbul in the mid-1990s, he did what successful big city mayors do -- h…

KeepCalmErdogan

August 24, 2017

Thailand
Thailand’s Enforced Calm Could Collapse After Yingluck Trial

On Friday, former Thai Prime Minister Yingluck Shinawatra will hear the verdict in her trial over allegedly neglecting management of a massive rice subsidy plan. She oversaw the rice subsidy during h…

Yingluck_Thailand_8.1.2017

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…

fig 19

October 8, 2019

Iran
1970s Oil Crisis Redux or Oil Price Rout?

It has been four weeks since a major military attack on critical oil facilities in Saudi Arabia shocked the world and very little has happened to suggest such an event couldn’t happen again. That beg…

Some Motorists Ran Out of Gas Such as This Man in Portland and Had to Stand in Line with a Gas Can During the Fuel Crisis in the Pacific Northwest.

September 20, 2016

China
The August Calm (Updated Chinese Intervention Estimates)

The proxies that provide the best estimates of China’s actual intervention in the foreign currency market in August are out, and they in no way hint at the stress that emerged in Hong Kong’s interban…

cny-9-19-fx-settlement

June 27, 2013

China
The New Geo-Graphics iPad Mini Index Should Calm Talk of Currency Wars

The “law of one price” holds that identical goods should trade for the same price in an efficient market.  To what extent does it hold internationally? The Economist magazine’s famous Big Mac Ind…

The New Geo-Graphics iPad Mini Index Should Calm Talk of Currency Wars

July 1, 2019

China
China’s Bizarre May Intervention Numbers

With the Osaka Xi-Trump summit producing an indefinite "truce" that halts further escalation (at least for now), there is every reason to expect the yuan to remain stable. The intervention proxies (s…

China’s Bizarre May Intervention Numbers

May 8, 2019

Southeast Asia
The Impact of the Coronation of King Vajiralongkorn

By Pavin Chachavalpongpun and Joshua Kurlantzick The coronation of King Vajiralongkorn of Thailand, held last weekend, was the first crowning of a Thai sovereign since that of his father, the late…

Vajiralongkorn_5.5.2019

April 9, 2019

Israel
Why Are Israeli Elections Extremely Sensitive to Fake News?

Elections in Israel are historically contentious, but this election cycle the country faces a new challenge - foreign influence operations. 

A man holds a Likud election campaign poster depicting Israeli Prime Minister Benjamin Netanyahu in Jerusalem April 8, 2019.

January 17, 2019

China
Will China’s Currency Hit a Wall?

Worry about China’s slowing economy in 2019, not its balance of payments…

Will China’s Currency Hit a Wall?