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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June 10, 2007
United States
Last week’s data flow supported the US adjustment optimists … not the pessimists
The trade deficit fell back under $60b in April -- see Jeremy Peters' coverage in the New York Times. The fall in the overal deficit stemming more from a fall in non-oil imports rather than from a r…
July 1, 2011
United States
Don’t Tread on Me: July 4th and U.S. Sovereignty
AVIATION ORDINANCE CHIEF SPRAYS 'JACK' FLAG ON BOARD THE USS CONSTELLATION IN THE GULF (John Schults/Courtesy Reuters) Don’t Tread on Me: July 4th and U.S. Sovereignty As the nation celebrates its …
July 12, 2011
Israel
Five Years After the Israel-Hezbollah War
An Israeli artillery unit fires a shell towards Lebanon from its position near the Israeli-Lebanese border August 9, 2006. Israel decided on Wednesday to expand its ground offensive in Leban…
September 9, 2011
Defense and Security
Friday File: Remembering 9/11
New York City Fire Department Battalion Commander Tom Currao raises a flag outside the World Trade Center construction site at the 9/11 Memorial Visitors Center in New York on September 9, 2…
October 17, 2011
Monetary Policy
Can Monetary Policy Mitigate The Effects of Oil Shocks? A Follow-Up
I wrote a week ago about an old paper by Bernanke, Gertler, and Watson (BGW) that attributed much of the impact of past oil price shocks to the response of monetary policy. Jim Hamilton followed up t…