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May 6, 2003

Former N.Y. Times Correspondent in South Asia Says Indian Prime Minister Hoping to Resolve Kashmir Dispute Before Term Ends

Celia W. Dugger, a former co-bureau chief for The New York Times in South Asia, says that Indian Prime Minister Atal Bihari Vajpayee’s surprise move to ease tensions with Pakistan— like India, a nucl…

August 29, 2006

Wages, Walmart and the debate about the Global Economy -

Both the Financial Times (Krishna Guha) and the Wall Street Journal (Greg Ip) ran articles summarizing the papers presented at Jackson Hole.   I liked Guha’s summary more than Ip’s summary, largely b…

September 17, 2006

Too much to read …

I really liked Krishna Guha’s analysis of global imbalances that appeared in Wednesday’s FT.    His emphasis on the role of exchange rate adjustment in global rebalancing seemed right to me.  Exchang…

August 20, 2007

Financial Markets
Reverse engineering financial engineering

The process that turned subprime mortgages into triple AAA rated securities is, by now, pretty well known.   Rich Bookstaber (his blog is here) describes the process nicely.Here's the recipe for …

November 12, 2007

Financial Markets
What a week: a Brazilian supermodel, the Vice-Chairman of the People’s Congress and the French President all commented on the dollar

Note: This is Brad Setser, not Michael Pettis.  Mr. Pettis will be doing most of the heavy lifting for the remainder of this week as well.  Last week was rather interesting.  Gisele Bundchen was all…

June 27, 2008

Monetary Policy
Does the Fed’s mandate now extend to Beijing, Moscow and Riyahd?

The Financial Times, in a leader, says yes. If there were a Central Bank of the World its monetary policy committee would glance at today’s inflation rates and expectations of future inflation and …

May 31, 2008

Financial Markets
US: China shouldn’t peg to the dollar but the Gulf should ...

That at least seems to be the Treasury’s policy. Krishna Guha of the FT reports that the US believes that dollar pegs can help countries manage commodity price volatility. Mr McCormick said that oi…

September 13, 2008

Financial Markets
Much to worry about

The New York Federal Reserve Bank doesn’t use its ability to summon Wall Street’s top leadership to its downtown castle lightly. This doesn’t seem quite like LTCM either. For one, the US Trea…

July 15, 2009

Diplomacy and International Institutions
A Conversation with U.S. Secretary of State Hillary Rodham Clinton

U.S. Secretary of State Hillary Rodham Clinton delivered a speech at CFR outlining the broad foreign policy objectives of the Obama administration at the six-month mark.

July 15, 2009

Diplomacy and International Institutions
A Conversation with U.S. Secretary of State Hillary Rodham Clinton

Please join U.S. Secretary of State Hillary Rodham Clinton for a foreign policy address followed by a question-and-answer period.   **Please note the extended registration and reception period.**