Council of Councils
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
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September 29, 2005
Financial Markets
Has the IMF been asleep at the wheel, and ignored surveillance of exchange rates?
Tim Adams - the new US Treasury Under Secretary - thinks so: IMF Article IV requires that the IMF exercise "firm surveillance" over the exchange rate policies of members. After the collapse of the Br…
February 21, 2005
Budget, Debt, and Deficits
The confused conservatives on the Washington Post oped page …
The Washington Post put out an oped on the partial privatization of Social Security over the weekend, which Kevin Drum appropriately jumped on.One item in the oped jumped out at me:The second risk i…
September 23, 2011
Defense and Security
Friday File: Arms Sales to Taiwan
Five F-16 jets fly in formation. (Ho New/courtesy Reuters) Above the Fold. The Palestinian statehood bid is not the only issue the Obama administration has been struggling with this week. On Wednesd…
September 15, 2005
Europe
Why is consumer demand so weak in Germany?
David Wessel writes in today's Wall Street Journal: "Germany, alas, is showing few signs of a Japanese style rebound. It is, essentially, relying on lower wages to make exports more competitive beca…
May 30, 2008
Financial Markets
Risk wasn’t dispersed
Peter Fisher (Blackrock, formerly of the Treasury and the New York Federal Reserve) as quoted by the Wall Street Journal’s David Wessel: “The idea of risk dispersion is nice in theory, but in pract…
