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March 20, 2019

Algeria
An Algerian Arab Spring?

Is the Arab Spring back, as some protesters, activists, and analysts have declared? The uninspiring answer is a qualified maybe.

People carry their national flags as they gather during a protest over President Abdelaziz Bouteflika's decision to postpone elections and extend his fourth term in office, in Algiers, Algeria March 15, 2019

March 29, 2011

Middle East and North Africa
The Arab Spring

In National Review magazine, I write about which Arab regimes will reform and survive--and which will not. On balance, I argue that the Arab monarchies have a better chance than the fake "republics"…

October 16, 2019

Turkey
The President's Inbox: Henri Barkey and Steven Cook on the U.S. Withdrawal from Syria

The latest episode of The President’s Inbox is live. I sat down with Henri Barkey, CFR’s adjunct senior fellow for Middle East studies, and Steven Cook, CFR’s Eni Enrico Mattei senior fellow for Midd…

A boy waves a Turkish flag as a Turkish military vehicle drives through a town near the Turkey-Syria border on October 16.

October 17, 2019

Taiwan
Anything Interesting in Treasury's Delayed Foreign Exchange Report?

The Fall 2019 Treasury Foreign Exchange Report should send a strong warning to Thailand, Taiwan, and Singapore that their current pattern of intervention in the market would put them at risk of futur…

Anything Interesting in Treasury's Delayed Foreign Exchange Report?

October 10, 2019

China
Game On: The NBA Runs Afoul of China but Scores Big

The facts are not in dispute. On October 6, Houston Rockets General Manager Daryl Morey tweeted: “Fight for Freedom: Stand with Hong Kong,” igniting a political firestorm in Beijing. Other Rockets he…

Fans in LeBron James jerseys pose for pictures with Chinese flags near security personnel outside the Mercedes-Benz Arena before the NBA exhibition game between Brooklyn Nets and Los Angeles Lakers in Shanghai, October 10, 2019.

October 11, 2019

United States
Happy 244th Birthday to the U.S. Navy!

The U.S. Navy turns 244 years-old this weekend. On October 13, 1775, the Continental Congress commissioned two ships, each with eighty sailors, “for intercepting such transports as may be laden with …

U.S. Navy

October 3, 2019

Food and Water Security
Down the Hunger Spiral: Pathways to the Disintegration of the Global Food System

For a precarious global agricultural system with powerful feedback loops, business as usual means widespread hunger and embedded systemic risk.

A drought-stricken field in Drenje, Croatia.

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)

October 3, 2019

Taiwan
Shadow FX Intervention in Taiwan: Solving a 100+ Billion Dollar Enigma (Part 1)

Taiwan’s central bank, unlike most central banks, doesn’t disclose its position in FX derivatives. It really should. There is good reason to think its undisclosed exposure is quite substantial.   …

A Taiwan dollar note is seen in this illustration photo May 31, 2017.

September 25, 2019

Politics and Government
Five Questions About the Impeachment Inquiry Answered

Speaker of the House Nancy Pelosi announced late yesterday that the House had opened an impeachment inquiry of President Donald Trump. It’s a news story that will be with us for weeks to come. Here a…

House Speaker Nancy Pelosi calls for a formal impeachment inquiry at the Capitol on Sept. 24.