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October 29, 2007

Financial Markets
Does the United States need a new dollar policy?

Former Treasury Secretary Lawrence Summers seems to think so.  The vast majority of the US current account deficit is now being funded by central banks accumulating reserves as they seek to avoid app…

October 21, 2008

China
The end of Bretton Woods 2?

In late 2004, Nouriel Roubini and I wrote that “the tensions created [by the Bretton Woods 2 system] are large, large enough to crack the system in the next three to four years.” In a 2005 Wall Stre…

November 19, 2010

Diplomacy and International Institutions
Friday File: Obama Heads to Lisbon

Above the Fold. President Obama’s scheduler must be nursing a grudge.  Last Sunday the president returned from what had to be an exhausting ten-day, around-the-world trip that took him to four coun…

Friday File: Obama Heads to Lisbon

February 25, 2011

Politics and Government
Friday File: Washington Braces for the Showdown over the Government Shutdown

Senate Budget Committee Ranking member Jeff Sessions and House Budget Committee Chairman Paul Ryan speak in response to President Barack Obama's Fiscal Year 2010 budget in Washington. (Jason Reed/cou…

Senate Budget Committee Ranking member Jeff Sessions and House Budget Committee Chairman Paul Ryan speak in response to President Barack Obama’s Fiscal Year 2010 budget in Washington

May 16, 2011

Diplomacy and International Institutions
Guest Post: A Looming Breakdown in U.S.-Pakistan Relations?

Protesters condemn the killing of Osama bin Laden in Mutlan, Pakistan on May 8, 2011. (Courtesy Reuters) My colleague, Dan Markey, has been in Islamabad for the past week doing book research. Here’s…

Protesters condemn the killing of Osama bin Laden in Mutlan, Pakistan on May 8, 2011.