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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January 10, 2013
China
Five Critical Questions About the U.S. Strategic Petroleum Reserve
Constant chatter about an impending oil release from the U.S. Strategic Petroleum Reserve (SPR) was a prominent feature of the oil market last year. Much of the speculation was driven by the ongoing …
April 6, 2012
Defense and Security
Friday File: Malian Rebels Proclaim Independent Country of Azawad
Above the Fold. Tuareg rebel fighters in northern Mali today declared the independent country of Azawad. The announcement comes on the heels of the rebels’ rapid success in driving government forces …
May 3, 2010
Fossil Fuels
Deepwater Horizon in Quantitative Context
I’ve been spending some time this morning trying to understand past estimates of the environmental impacts of oil spills. In the process, I’ve been looking at damage estimates and frequency data…
March 13, 2006
United States
If anyone thinks tomorrow’s q4 current account deficit will be “$200 billion”
They have not been paying very close attention. Yes, the deficit was close to $200b in the past three quarters. That seems to be shaping expectations. The FT reports: "fourth-quarter US current ac…
December 16, 2005
United States
Is the world ready to finance a $1 trillion US current account deficit?
Judging from the capital inflow into the US in October, I guess the answer is yes. And I suspect the US may well give the world a chance to add $ 1 trillion to its dollar portfolio next year. That …