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January 17, 2014

Russia
Parker and Rutherford: Countering China’s Rise Through a U.S.-Russia Coalition

William J. Parker III, PhD, is a military fellow at the Council on Foreign Relations, and Alanna C. Rutherford, JD, is a partner at a New York law firm and a CFR Term Member. Let’s face it; the Unit…

Russian President Vladimir Putin (L) and U.S. President Barack Obama are pictured on a video screen installed in the press centre of the G20 Summit in Strelna near St. Petersburg on September 5, 2013. (Grigory Dukor/Courtesy Reuters)

August 17, 2012

Fossil Fuels
Why Allowing Natural Gas Exports Is Probably Good for Climate Change

I argued in a New York Times op-ed yesterday that the United States should allow LNG exports while guarding against downside risks to the local environment and low-income consumers. Joe Romm at the C…

October 18, 2006

Monetary Policy
The impact of central bank demand on US bond yields.

In late 2004 and early 2005, Nouriel and I estimated that the actions of foreign central banks might be holding US yields down by as much as 200 bp. That estimate found its way into Pam Woodall’s Eco…

January 24, 2008

Financial Markets
Property without power?

Diplomatic sovereign wealth funds argue, more or less, that they have no desire for power - so there should be no restrictions on their ability to accumulate property. Those hoping for a cut of the S…

October 4, 2005

Financial Markets
Forget China, let’s talk about oil

Not the oil price per se, but what oil producers are doing with all the coin that comes with high oil prices.  I have rattled on and on about how China's current account surplus is on track to reac…