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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June 10, 2007
United States
Last week’s data flow supported the US adjustment optimists … not the pessimists
The trade deficit fell back under $60b in April -- see Jeremy Peters' coverage in the New York Times. The fall in the overal deficit stemming more from a fall in non-oil imports rather than from a r…
January 12, 2008
Capital Flows
Wall Street, the new development frontier …
The children of China’s revolution have turned into capitalists. The China Development Bank now apparently aspires to be a commercial bank, not a policy bank limited to helping finance investment in …
July 22, 2009
Monetary Policy
Two trillion and counting …
China’s latest surge in reserves – a surge that look its total holdings over two trillion dollars – didn’t really register in the financial media. China’s first trillion was a big story. The s…
February 9, 2011
Politics and Government
TWE Remembers: Joseph McCarthy’s Wheeling Speech
Sixty-one years ago tonight Sen. Joseph McCarthy gave the speech to the Republican Women’s Club of Wheeling, West Virginia that ushered in the ugly era of McCarthyism. McCarthy was beginning his f…
April 29, 2011
Defense and Security
Friday File: What Do the Panetta and Petraeus Nominations Say About Obama?
U.S. Army General David Petraeus (L) and CIA director Leon Panetta (R). (Staff photographer/courtesy Reuters) Above the Fold. Washington’s worst kept secret is now out. President Obama has …
