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October 11, 2018

Trade
Trump's Stimulus Trumps His Trade Policy

It is hard to think of a President more committed—at least rhetorically—to closing the trade balance than President Trump. The usual criticism of his trade policy is that it is overly focused on a si…

Trump's Stimulus Trumps His Trade Policy

November 20, 2018

India
The Quad and the Free and Open Indo-Pacific

Over the weekend the Halifax International Security Forum convened its tenth iteration, one that observed the hundredth anniversary of the 1918 armistice ending World War I, and took the occasion of …

Admiral Philip S. Davidson (L), Commander of U.S. Indo-Pacific Command, shakes hands with Japan's Prime Minister Shinzo Abe at Abe's office in Tokyo, Japan June 21, 2018. Kazuhiro Nogi/Pool via Reuters

November 20, 2018

Saudi Arabia
The Inconvenient Truth About Saudi Arabia

The United States should pressure MBS to act with greater restraint in Yemen and elsewhere.

Trump MBS

November 20, 2018

United States
The Fed Is Tightening More Than It Realizes

Before the 2008 collapse of Lehman Brothers, the Fed’s balance sheet stood at $925 billion—mostly U.S. Treasury securities. After 59 months of asset purchases to push down longer-term interest ra…

The Fed Is Tightening More Than It Realizes

November 19, 2018

International Organizations
The World Bank Group’s Role in Global Development

Since its founding in 1944, the World Bank has evolved from a lender focused on European reconstruction to the preeminent international institution for economic development and poverty reduction.

Villagers line up for cooking oil donated by local businessmen in Myanmar.

November 16, 2018

Cybersecurity
Cyber Week in Review: November 16, 2018

This week: France wants to be a norm entrepreneur in cyberspace, Facebook works with French regulators, U.S. law enforcement want Alexa data, and cybercrime at the United Nations. 

Macron

November 15, 2018

United States
Presidents and War Powers

PDF Version. A review of Michael Beschloss, “Presidents of War” (Crown Books, 2018).  *** The U.S. Constitution vests the president with “executive power” and provides that “The President sh…

Lectern with presidential seal

November 14, 2018

Financial Markets
Is There a Financial Time Bomb in Sight?

If an expert committee makes the wrong call on Thursday, there is a disquieting possibility that the cliff may be in sight.

A store closing sale sign is posted next to a Sears logo in New Hyde Park, New York.

November 15, 2018

South Korea
Inter-Korean Military Tension Reduction, North Korean Denuclearization, and the U.S.-ROK Security Alliance

The biggest risk the United States and South Korea face is the apparent progress in inter-Korean conventional tension reduction measures without commensurate diplomatic progress on North Korea's denu…

South Korean National Defense Minister Jeong Kyeong-doo attends an armed forces full honor arrival ceremony hosted by U.S. Secretary of Defense James Mattis before the 50th annual ROK-U.S. Security Consultative Meeting, October 31, 2018.

November 15, 2018

Saudi Arabia
Saudi Arabia Considers New Oil Production Cuts Amid Shrinking Budget Deficits

This is a guest post by Jareer Elass, an energy analyst who has covered the Gulf and OPEC for 25 years. He is a regular contributor to the Arab Weekly.  As the 2019 budget season approaches, Saudi…

 Saudi Energy Minister Khalid al-Falih addresses the gathering during India Energy Forum in New Delhi, India, October 15, 2018.