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April 6, 2008

Financial Markets
A RMB that isn’t appreciating cannot be killing you …

The premise of Joe Nocera’s New York Times story “Two factories, two firms” is logical enough: an appreciating RMB should hurt a low-end, cost-conscious textile exporter and help a higher-end manufac…

October 12, 2008

Financial Markets
On the precipice

Words no Managing Director of the International Monetary Fund ever wants to utter: “Intensifying solvency concerns about a number of the largest US-based and European financial institutions have pu…

November 20, 2008

Financial Markets
Not a good sign: the Treasury once again can borrow for free

Ok, the Treasury can not borrow for free. Three month Treasury bills, according to Bloomberg, yield something like 2 basis point. Treasury yields aren’t hard to calculate. But they are stil…

Not a good sign: the Treasury once again can borrow for free

February 25, 2010

India
Halting Steps in New Delhi

Photo courtesy of REUTERS/B Mathur Although their leaders and foreign secretaries did meet in 2009, the February 25 talks between India and Pakistan were the first since the November 2008 Mumbai a…

Halting Steps in New Delhi

June 13, 2010

India
A Step Forward for the U.S. and India

Photo courtesy of REUTERS/Kevin Lamarque It’s been a rough seventeen months for the United States and India. I’ve written about some of the challenges here and here—and talked about them here and h…

A Step Forward for the U.S. and India

April 26, 2010

Climate Change
The Silver Lining in the Climate Bill Cloud

Most of what can intelligently be said about the breakdown this past weekend of the Kerry-Graham-Lieberman climate talks has already been said. I suspect, though, that the news isn’t quite as bad for…

November 5, 2010

Energy and Climate Policy
Cap-and-Trade Didn’t Kill the Dems

There’s been a lot of back and forth about whether cap-and-trade hurt the Democrats this past Tuesday. It’s mostly spin, with people focusing on whatever results they think bolster their case. But th…

November 17, 2010

Congresses and Parliaments
Guest Post: Congressional Dysfunction and New START

My colleague Kay King has a new Council Special Report out on Congress and National Security. The report examines the sources and consequences of Congress’s surging partisanship, and it offers some…

Guest Post: Congressional Dysfunction and New START

September 20, 2010

Fossil Fuels
Do The Oil Sands Have a "Carbon Opportunity Cost"?

Joe Romm attacks Lindsey Graham in a post yesterday for Senator Graham’s comments about the Canadian oil/tar sands. Set aside Romm’s broader critique – like him, I find Graham’s claim that oil sands …

November 18, 2010

Politics and Government
The Gauntlet Is Thrown Down

Walking by Westminster this morning I was reminded of the grandeur of democracy.  Watching the battle back in Washington over the New START Treaty, I am reminded that democratic practice is often m…

The Gauntlet Is Thrown Down