April 14, 2005
International LawJEFFREY TOOBIN: Welcome to the Council. My name is Jeff Toobin. I am moderating today. This session is on the record, and it is also being broadcast live on the Council's website. Let me explain a …
June 1, 2005
United StatesDeep Throat is no longer Washington’s best kept secret, the ten-year Treasury note yields less than 4% and Stephen Roach is a (reluctant) bond bull. The currency of a country with a 6.5% of GDP cur…
June 16, 2005
EconomicsAlan Greenspan says there is no national bubble, just pockets of local froth. Or to the housing sector’s in house economists, just a few healthy suds floating on top of a healthy market. Then again,…
August 5, 2005
Capital FlowsThe CNOOC Unocal saga is over. But CNOOC's ambitions remain: Energy market experts now expect Cnooc, which is controlled by the Beijing government, to explore opportunities throughout the Asia-Pa…
May 10, 2006
United States12:15 - 1:00 p.m. Lunch1:00 - 2:00 p.m. Meeting
April 12, 2005
EconomicsIf you read Justin Lahart’s Ahead of the Tape column in today’s Wall Street Journal carefully, you may have noticed that he quoted Brad Setser of Roubini Global Economics, not Brad Setser of the Glob…
April 10, 2006
ChinaXia Bin, head of the financial research institute at the cabinet's Development Research Centre, didn't use Martin Feldstein's clever term though. He worries about a weak dollar policy."W…
May 25, 2006
United StatesIncidentally, I am not the only one who thinks that the US current account deficit is heading toward a trillion. The OECD now forecasts $965b current account deficit in 2006 (7.2% of GDP), and $107…
March 15, 2006
Emerging MarketsJustin Lahart writes well; I stole the "feeding the hand that bites you" line from him. It is a good one.The US tells China (oops, CNOOC) that it cannot buy Unocal, even though Unocal's energy a…
January 27, 2006
United StatesThe market thinks that the (bad) q4 GDP number is old news; the economy is looking far better in q1. The market is also banking on stronger export growth to help support US growth in 2006. See Jus…