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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…

us_exports_q_v_q

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…

china-june-09-14

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…

Senate Resolution 301: Censure of Senator Joseph McCarthy.

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 …

U.S. Army General David Petraeus (L) and CIA director Leon Panetta (R). (Staff photographer/courtesy Reuters)

May 9, 2011

Nigeria
The American University of Nigeria

Flags fly in front of Peter Okocha Hall at the American University of Nigeria (AUN). (Photo Courtesy of AUN) Tomorrow I leave for Nigeria to participate in a meeting of the board of the American Uni…

Flags fly in front of the Arts and Sciences Building, American University of Nigeria (AUN). Photo Courtesy AUN.

July 25, 2011

Defense and Security
Cyber Attacks and Pentagon Responses

2Lt William Liggett works at the Air Force Space Command Network Operations & Security Center at Peterson Air Force Base in Colorado Springs, Colorado July 20, 2010. U.S. national security planners…

2Lt William Liggett works at the Air Force Space Command Network Operations & Security Center at Peterson Air Force Base in Colorado Springs

August 10, 2011

Ten Whats With…Kevin Benson

Kevin Benson (Courtesy Univ. of Kansas, Creative Commons License). Quick Bio (2-3 sentences): I was raised in Wisconsin and left after high school to go to West Point, 1973-1977.  I served on active…

Kevin-Benson

July 1, 2011

United States
Don’t Tread on Me: July 4th and U.S. Sovereignty

AVIATION ORDINANCE CHIEF SPRAYS 'JACK' FLAG ON BOARD THE USS CONSTELLATION IN THE GULF (John Schults/Courtesy Reuters) Don’t Tread on Me: July 4th and U.S. Sovereignty As the nation celebra…

Don’t Tread on Me: July 4th and U.S. Sovereignty

September 6, 2011

Turkey
Palmer, Politics, and the Turkey-Israel Denouement

Turkey's Foreign Minister Ahmet Davutoglu speaks during a news conference in Ankara (Stringer Turkey/Courtesy Reuters) Last Friday, the Turkish foreign minister, Ahmet Davutoglu, announced what …

Palmer, Politics, and the Turkey-Israel Denouement