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March 15, 2007

Financial Markets
Just how big is the yen carry trade?

Stephen Jen of Morgan Stanley insists not-so-big.  Or at least that the large size of the carry trade cannot be proved – and that the impact of any recent unwinding has been overstated.   That is his…

September 6, 2008

Monetary Policy
Reserve growth has slowed, but it probably hasn’t stopped

For the past several months, almost all global reserve growth has come from China and the oil exporters. These also are countries that tend either not to report their reserves data quickly (China f…

February 24, 2011

Diplomacy and International Institutions
The World Next Week: Libya on the Brink

A protester holds a banner while protesters chant anti-government slogans in Benghazi city. (Asmaa Waguih/courtesy Reuters) The podcast for The World Next Week is up. Bob McMahon and I talked about …

An anti-government protester holds a banner while protesters chant anti-government slogans in Benghazi city

August 17, 2011

North Korea
A Six-Step Formula for Resumption of Six Party Talks

North Korean Vice Foreign Minister Kim Kye-gwan (L) shakes hands with Clifford Hart, Special Envoy to the Six Party Talks on North Korean De-Nuclearization, as he arrives at the U.S. Mission to the U…

North Korean Vice Foreign Minister Kim Kye-gwan (L) shakes hands with Clifford Hart, Special Envoy to the Six Party Talks on North Korean De-Nuclearization, as he arrives at the U.S. Mission to the United Nations in New York, July 29, 2011

April 3, 2012

United States
Ask the Experts: Will America ’Win’ in Afghanistan?

Last fall, a two-part question circulated throughout the Pentagon: Can the United States win in Afghanistan? Will the United States win in Afghanistan? In this case, “win” meant accomplishing the st…

Afghan soldier