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April 6, 2005

Monetary Policy
Sometimes, it is worth listening to what policy makers in emerging economies are saying

The Koreans, I suspect, let the cat out of the bag. Korea knows the value of reserves, and the risks of holding too few reserves. Indeed, absent an IMF loan and a last-second deal with their credit…

April 25, 2007

Economics
Five observations: all loosely tied to yen and dollar weakness and the swelling coffers of the emerging world

One. Yes, Virginia, exchange rates do matter … Japan’s trade surplus is rising.  Its current account surplus should be rising even more, as its interest income should be increasing too.   The MoF is …

investment_funds

July 23, 2007

China
First Blackstone, then Barclays …

The alliance between the Chinese state – lest we forget, still a (nominally) communist state -- and the high priests of global financial capitalism is close to complete.    Goldman, Royal Bank o…

June 25, 2008

Monetary Policy
A tale of two Asias: China, and almost everyone else

Many emerging Asian economies -- Korea, India, perhaps some others -- are now intervening to keep their currencies up rather than trying to hold them down. Raphael Minder of the Financial Times rep…

August 5, 2010

China
East Asia Summit, Take Two

Photo courtesy of REUTERS/Nyein Chan Naing/Pool A post over at East Asia Forum tweaks my recent blog about America and the East Asia Summit. It argues that I have an "empathy deficit." Here’s how …

East Asia Summit, Take Two

February 4, 2011

Politics and Government
Friday File: Revolution and Reaction

Riot police clash with protesters in Cairo. (Goran Tomasevic/courtesy Reuters) Above the Fold. This week’s crackdown on anti-government protesters in Egypt makes clear that President Hosni Mubarak—o…

Riot police clash with protesters in Cairo January 26, 2011.

February 9, 2011

Politics and Government
TWE Remembers: Joseph McCarthy’s Wheeling Speech

Sixty-one years ago tonight Sen. Joseph McCarthy gave the speech to the Republican Women’s Club of Wheeling, West Virginia that ushered in the ugly era of McCarthyism. McCarthy was beginning his f…

Senate Resolution 301: Censure of Senator Joseph McCarthy.

April 22, 2011

Defense and Security
Friday File: The Globe Warms and the People Chill

  A male polar bear waits for an ice sheet to form to allow migration in an area about 300km north of Churchill, Canada on November 17, 2009. (Iain D. Williams/courtesy Reuters) Above the Fold. Tod…

A male polar bear waits for an ice sheet to form to allow migration in an area about 300km north of Churchill, Canada on November 17, 2009.

December 8, 2010

China
China’s Parallel Universe

A soldier stands his post in Tiananmen Square. (Jason Lee/Courtesy Reuters) Bit by bit we are learning how China manages reality when reality doesn’t conform to Chinese interests: it constructs its …

Soldier Standing Post in Front of Tiananmen

March 28, 2011

United States
How Do You Say 1989 in Arabic?

U.S. President Barack Obama leads a briefing on the current situation in Libya, with National Security Advisor Tom Donilon (L) aboard Air Force One, during a secure conference call on the flight from…

How Do You Say 1989 in Arabic?