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October 23, 2019

Europe
The President's Inbox: The "Do-or-Die" Brexit Deal with Sebastian Mallaby

This week’s episode of The President’s Inbox is live. I sat down with Sebastian Mallaby, CFR’s Paul A. Volcker senior fellow for international economics, to discuss the deal that British Prime Minist…

UK Prime Minister Boris Johnson argues for his Brexit deal in the House of Commons on October 19.

October 18, 2019

United States
Trump Kills the G7's Legitimacy

Questions of legitimacy have long plagued the G7. The Trump administration's announcement of the Trump National Doral resort as the venue for next year's summit marks a new low.

U.S. President Donald Trump arrives to a news conference at the end of the G7 summit in Biarritz, France.

October 16, 2019

Nigeria
The Legacies of Slavery in Nigeria’s Igboland

The year 2019 marks four hundred years since the beginning of African slavery in America, when Dutch privateers sold the first African slaves to the fledgling English settlement at Jamestown, Virgini…

A man looks out at the sea from a building

October 11, 2019

Cybersecurity
Cyber Week in Review: October 11, 2019

Top Chinese AI firms added to export blacklist; Iranian hackers target 2020 campaigns; uncertain future for Libra cryptocurrency; U.S. companies confronted by Beijing’s censors on Hong Kong; and Twit…

 A fan is seen wearing a LeBron James jersey with an NBA logo covered by a Chinese national flag sticker during the game.

October 11, 2019

Election 2020
Foreign Policy Roundup: Syrian Kurds, the NBA, and LGBTQ Rights

Each Friday, I look at what the presidential challengers are saying about foreign policy on the campaign trail.

People flee Turkish air strikes in Ras al Ain along the northern Syrian border.

October 9, 2019

Taiwan
$130+ Billion in Undisclosed Foreign Exchange Intervention by Taiwan's Central Bank

Based on the profits and losses disclosed by Taiwan’s central bank, it appears that its true FX exposures exceed its disclosed foreign exchange reserves by USD 130bn, and perhaps by as much as USD 20…

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October 8, 2019

Taiwan
Could Taiwan’s Commercial Banks Cover the Lifers' Hedging Need? (Part 4)

Who is on the other side of the massive ($250 billion) hedging need of Taiwan's life insurance industry? The local banking system covers at most a quarter of the life insurers hedging need, and forei…

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October 4, 2019

Cybersecurity
Cyber Week in Review: October 4, 2019

Lawmakers propose $1 billion to replace Huawei equipment in rural networks; Singapore launches ASEAN cybersecurity research center; governments hold social media platforms accountable for content; DO…

A 3D printed Facebook logo is placed on broken glass above a printed EU flag in this illustration taken.

October 4, 2019

Taiwan
Shadow FX Intervention in Taiwan: Solving a 100+ billion dollar enigma (Part 2)

Large-scale purchases of foreign bonds have become the central flow sustaining Taiwan’s massive current account surplus and keeping the Taiwan dollar weak. The size of this flow raises the question o…

Shadow FX Intervention in Taiwan: Solving a 100+ billion dollar enigma (Part 2)

September 30, 2019

Energy and Environment
As Negotiations Stumble, the Rationale for a Global Environmental Pact Grows

Negotiations on a Global Pact for the Environment are poised to produce a nonbinding political declaration. Ecological catastrophes, meanwhile, continue to unfold across the planet. 

Activists participate in a march calling for action on climate change.