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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April 4, 2016
Renewable Energy
Japan Should Increase Its Target for Renewable Energy, In Case Nuclear Restarts Stall
I’ve been traveling in Japan, meeting with government officials, power sector executives, and energy policy scholars. I thank CFR life member Bill Martin, Washington Policy and Analysis, and the Japa…
July 24, 2008
Financial Markets
Too big to fail? Or too large to save? Thinking about the US one year into the subprime crisis
Emerging market financial crises in the 1990s followed a fairly consistent pattern. The country lost access to external financing. The sector of the economy that had a large need for financing – fi…
December 8, 2008
Financial Markets
Good bye, petrodollars ...
Estimates of the break-even oil price in Saudi Arabia’s budget vary, ranging from under $40 a barrel to around $50 a barrel. Sometimes that is because of different assumptions about Saudi Arabia’s a…
August 23, 2012
Defense and Security
Top Twelve Defense Sequestration Scare Tactics
Over a year ago, on August 2, 2011, President Obama signed the Budget Control Act (BCA) of 2011. The bipartisan legislation easily passed the House, 269-131, with 174 Republicans and 95 Democrats vot…
July 2, 2008
Financial Markets
Read the annual report of the Bank of International Settlements
International institutions usually put out reports filled with turgid and overly-qualified prose. But not the BIS. At least not this year. The introduction and conclusion of its 78th annual rep…