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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April 30, 2006
Can the dollar block survive another bout of dollar weakness?
In case you haven't noticed, the dollar is now closer to 1.30 (v. the euro) than 1.20 - or even 1.15. Carry is no longer king. There is talk of a "regime change" in the fx market. Or at least an …
December 27, 2006
Monetary Policy
Asian central bank watch, last week of December edition
The reasons why central banks in India and Thailand decided to be more “scrooge” than “santa” this December are coming into clearer focus. Take India. Before the Reserve Bank of India (RBI) hi…
July 11, 2008
Budget, Debt, and Deficits
Four points on the US May trade data
1. Net petroleum imports fell by $1.6b. Petroluem exports rose by 0.96b while imports FELL by $0.66b in dollar terms. The fall in imports was a surprise. Oil prices rose by 9.7% or so. But…
March 19, 2009
Monetary Policy
Did SAFE really buy that many US (and global) equities?
Jamil Anderlini’s Monday FT story -- which obviously drew heavily on my work -- attracted a fair amount of attention. Particularly in China. Americans are more focused on AIG’s losses than Chi…
August 1, 2009
North Korea
The Missing Consensus: U.S. Policy Specialist Views on Korea
Stephen Costello is President of ProGlobal, Inc. He previously directed the Program on Korea at the Atlantic Council of the United States and was Director of the Kim Dae-jung Peace Foundation, U.S…
