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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

February 21, 2011

TWE Celebrates Presidents’ Day Because It Is the Day of Presidents

President George W. Bush meets with former Presidents and President-elect Obama in the Oval Office of the White House in Washington, January 2009. (Kevin Lamarque/courtesy Reuters) Being president o…

 U.S. President George W. Bush meets with former Presidents and President-elect Obama in the Oval Office of the White House in Washington, January 2009.

April 7, 2015

Politics and Government
Campaign 2016: Senator Rand Paul, GOP Presidential Candidate

Is America ready for a "Libertarian-ish" president? We are about to find out. Today Senator Rand Paul (R-KY) formally announced his presidential campaign, making him the second Republican candidate, …

Rand Paul Announcement

February 15, 2013

TWE Celebrates Presidents’ Day

Monday is Presidents’ Day. It is a TWE tradition to recognize the forty-three men—and they have all been men—who have been president on Presidents’ Day with the following essay. Enjoy the three-day w…

President George W. Bush meets with former Presidents and President-elect Obama in the Oval Office of the White House in Washington, January 2009. (Kevin Lamarque/courtesy Reuters)

December 26, 2013

Defense and Security
Ten Americans Who Died in 2013 Who Shaped U.S. Foreign Policy

Year’s end is a time for taking stock, counting successes, and assessing failures. It is also a time for remembering those who are no longer with us. Here are ten Americans who died in 2013 who throu…

American flags fly at half mast. (Jonathan Ernst/Courtesy Reuters)

February 20, 2012

TWE Celebrates Presidents’ Day

It is a TWE tradition to recognize the forty-three men—and they have all been men—who have been president on Presidents’ day with the following essay: A few presidents have loved the job. Teddy Roos…

President George W. Bush meets with former Presidents and President-elect Obama in the Oval Office of the White House in Washington, January 2009. (Kevin Lamarque/courtesy Reuters)

December 1, 2014

Global
Ten Historical Anniversaries of Note in 2015

Anniversaries are how we mark the passage time of time, celebrate our triumphs, and honor our losses. Two thousand and fourteen witnessed several significant historical anniversaries: the centennial …

Nelson-Mandela-Anniversaryy

February 17, 2014

TWE Celebrates Presidents’ Day

Today is Presidents’ Day. It is a TWE tradition to recognize the forty-three men—and they have all been men—who have been president on Presidents’ Day with the following essay. If you are lucky enoug…

President George W. Bush meets with former Presidents and President-elect Obama in the Oval Office of the White House in Washington, January 2009. (Kevin Lamarque/courtesy Reuters)

September 21, 2006

China
Why China’s $1 trillion in reserves are unlikely to be of much use in a banking crisis

It is rather hard to read Andrew Browne’s report of the building boom in Zhengzhou in last week’s Wall Street Journal --- or for that matter many other accounts of China’s current investment boom – a…

February 16, 2015

TWE Celebrates Presidents’ Day

Today is Presidents’ Day. It is a TWE tradition to recognize the forty-three men—and they have all been men—who have been president on Presidents’ Day with the following essay. If you are lucky enoug…

President George W. Bush meets with former Presidents and President-elect Obama in the Oval Office of the White House in Washington, January 2009. (Kevin Lamarque/courtesy Reuters)