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January 10, 2019

Disasters
Averting Global Catastrophe: A New IIGG Blog Series

Nature and technology pose a worrying array of threats to twenty-first century civilization. These global menaces and the catastrophic risks associated with them are the subject of a new Internationa…

A mushroom cloud expands on the horizon.

December 28, 2018

Global
Ten World Figures Who Died in 2018

I wrote yesterday about ten Americans who died in 2018 who shaped U.S. foreign policy during their lifetimes. But Americans are not the only ones who influence world affairs. Below are ten world figu…

Kofi Annan addresses a news conference UN headquarters in New York, 1997. REUTERS/Jeff Christensen.

November 26, 2018

India
A Decade On, Will There Ever Be Justice for the Mumbai Attacks?

Ten years ago today, terrorists laid siege to Mumbai over a period of three days. Images of the iconic Taj Mahal Palace Hotel in flames shocked the world, but terrorists also attacked the Oberoi Hote…

A policeman pays his respects at a memorial to mark the tenth anniversary of the November 26, 2008 attacks, in Mumbai, India, November 26, 2018. REUTERS/Francis Mascarenhas

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 …

March 22, 2006

China
Stephen Roach is well worth reading today

Roach has access to a slightly higher level of policy makers than either the author - or I suspect most of the readers - of this blog.   Particularly in China.   He didn't learn of Wen's crit…

November 8, 2005

China
Stephen Roach gets it, the IMF does not …

Subtitle: some parts of the IMF might want to reread Keynes. China, as we have discussed, saves too much and consumes too little.  It consequently finances both its own (exceptionally rapid) industri…

October 12, 2018

United States
Happy 243rd Birthday to the U.S. Navy!

The U.S. Navy turns 243 years-old tomorrow. On October 13, 1775, the Continental Congress commissioned two ships, each with eighty sailors, “for intercepting such transports as may be laden with warl…

Navy Birthday 2018

September 25, 2018

United Nations
Narcissistic Nationalism: Trump’s Second UN General Assembly Address

Trump’s address to the UN highlighted his narrow-minded, transactional approach to diplomacy. He may have been speaking at the United Nations, but the emphasis was clearly on the second word—nations—…

U.S. President Donald J. Trump addresses the seventy-third session of the United Nations General Assembly in New York, on September 25, 2018.

August 24, 2018

North Korea
Global Conflict This Week: United States Appoints Special Representative to North Korea

Developments in conflicts across the world that you might have missed this week.

South Korean soldier stands guard.

November 5, 2006

Monetary Policy
Stephen Jen - the anti-Roubini (and the anti-Setser)

The odds of a US recession: Nouriel Roubini: 90% Stephen Jen: 13%  I know my comparative advantage does not lie in gauging whether or not a sharp fall in residential investment will spill o…