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March 26, 2014

Diplomacy and International Institutions
Hello (Ciao), Matteo Renzi: Prime Minister of Italy

When President Barack Obama stops in Rome tomorrow he will be meeting with a politician who can match his own meteoric rise to power: Italian prime minister Matteo Renzi. Last month the thirty-nine-y…

Italian prime minister Matteo Renzi arrives to lead a news conference at Chigi palace in Rome. (Remo Casilli/Courtesy Reuters)

May 3, 2006

Financial Markets
Stephen Jen knows currencies, not communiqués

Stephen – the dollar will go down, but “ the US will not adopt a weak dollar policy … and the sky will not fall on the dollar” – Jen has gotten the course of a the dollar/ euro roughly right for the …

January 27, 2012

Fossil Fuels
How Not To Argue That We’re Running Out Of Affordable Oil

I made a New Year’s resolution to spend less time on this blog explaining why other people are wrong. But New Year’s resolutions are meant to be broken -- and some things just beg for intervention. …

December 14, 2008

Capital Flows
Sovereign loss funds ...

Ok, my title is a more-than-a-bit unfair. But sovereign wealth funds are fundamentally vehicles for investing central bank reserves -- or Treasury reserves from surplus oil revenue -- in equities …