Council of Councils
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
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October 9, 2006
United States
Stephen Jen, Eternal optimist
Apparently, the US fiscal deficit is set to disappear and the US current account deficit has peaked. At least it has in Stephen Jen-land. In his latest email Jen writes: “US’s corporate revenues ar…
March 3, 2011
Sub-Saharan Africa
Friedman’s List: What It May Mean Below the Sahara
A youth wearing a shirt of U.S. President Barack Obama stands in a crowd waiting for food distribution at Mugunga, just west of the eastern Congolese city of Goma, August 24, 2010. (Finbarr O'Reill…
March 18, 2024
NATO (North Atlantic Treaty Organization)
What Is NATO?
The alliance is bolstering its military deterrent in Europe amid Russia’s invasion of Ukraine and has expanded to include Finland and Sweden.
January 25, 2007
Economics
Sometimes I agree with Dr. Jen
I rather suspect I favor a bigger and faster appreciation of the RMB over time than does Dr. Jen, but I very much agree with his argument for a bit more RMB appreciation in the near term. Stephen J…
October 5, 2023
Israel
The October 1973 Yom Kippur War: Fifty Years Later
Fifty years ago, on Yom Kippur, October 6, 1973, Egypt and Syria launched surprise attacks on Israel. The resulting conflict sparked an Arab oil embargo, a superpower confrontation, a global recessio…
March 16, 2007
United States
Jen v. Setser on exchange rates and global adjustment
It is fair to say that I see the world very differently than Dr. Jen. He thinks imbalances are a natural byproduct of globalization. I think they are a natural byproduct of undervalued exchange r…
