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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…

fig 19

March 13, 2013

Defense and Security
Worldwide Threats Briefing Highlights

Yesterday, the Senate Select Committee on Intelligence (SSCI) held its annual open hearing on “National Security Threats to the United States.” First started in 1994, the hearing is the rare instance…

Clapper and Brennan

July 9, 2018

China
U.S.-China Trade War: How We Got Here

Background reading for the trade war with China.

Staff members set up Chinese and U.S. flags for a meeting between Chinese Transport Minister Li Xiaopeng and U.S. Secretary of Transportation Elaine Chao at the Ministry of Transport of China in Beijing, China April 27, 2018