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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July 19, 2006
China
Chinese growth accelerates, RMB depreciates
That was yesterday’s headline. Or, given the time differences, perhaps the headline from two days ago. Chinese second quarter growth picked up to 11% plus. The only real surprise here was that the…
September 14, 2007
United States
The q2 US current account data
The q2 US current account data poses two puzzles. The first is the sharp drop off in official inflows in q2. They fell from $150b in q1 to $70b in q2. That fall was, incidentally, offset – mechan…
December 8, 2017
Elections and Voting
Ten Elections to Watch in 2018
Numerous countries will hold elections in 2018. Here are ten to watch.
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…
March 14, 2006
United States
The 2005 (and 2006) current account deficit
The 2005 current account deficit: $805 billion. or 6.4% of US GDP That is a bit smaller than I expected. The q3 deficit was revised down. Reinsurance payments were higher than initially foreca…