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January 20, 2011

Politics and Government
The Calculations of Tunisia’s Military

Tunisian army soldier stands in front of the headquarters of the Constitutional Democratic Rally party of ousted president Zine al-Abidine Ben Ali during a demonstration in Tunis on January 20, 2011 …

The Calculations of Tunisia’s Military

December 29, 2021

2021 in Review
Ten World Figures Who Died in 2021

Ten people who passed away this year who shaped world affairs for better or worse.

Desmond Tutu smiles and waves while wearing a red clerical tunic and collar.

November 21, 2005

Economics
Quick summary of the weekend papers

Koreans save; Californians do not - but they do want to sell real estate.  And autoworkers in Michigan and Ohio should not count on being part of the American middle class for much longer.   Delp…

October 24, 2008

Financial Markets
At least London is affordable again

When the pound falls more in a week than it did during the week of Black Wednesday, the week when Soros famously "broke the Bank of England," you know big changes are afoot. Bloomberg reports: Toda…

July 18, 2006

United States
Do not forget about Norway - but also don’t put too much weight on the details of the TIC data.

The May surprise in the TIC data:  foreign central banks withdrew financing from the US.  The sold more Treasuries (14.3b) than they bought Agencies and corporate debt.  Net central bank flows into l…