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International efforts, such as the Paris Agreement, aim to reduce greenhouse gas emissions. But experts say countries aren’t doing enough to limit dangerous global warming.
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June 14, 2011
Politics and Government
Campaign 2012: Hello Michele Bachmann, GOP Presidential Candidate
Congresswoman Michele Bachmann speaks at a rally on Capitol Hill on March 31, 2011. (Kevin Lamarque/courtesy Reuters) Michele Bachmann made some news at last night’s rather sedate GOP presidential …
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 …
August 5, 2005
Capital Flows
China, the US and the geopolitics of oil
The CNOOC Unocal saga is over. But CNOOC's ambitions remain: Energy market experts now expect Cnooc, which is controlled by the Beijing government, to explore opportunities throughout the Asia-Pacifi…
August 29, 2006
Economics
Wages, Walmart and the debate about the Global Economy -
Both the Financial Times (Krishna Guha) and the Wall Street Journal (Greg Ip) ran articles summarizing the papers presented at Jackson Hole. I liked Guha’s summary more than Ip’s summary, largely b…
March 27, 2006
United States
Good thing Michael Mandel read my 2004 paper, not my 2005 paper -
With the 2004 paper on US external sustainability, there is at least some possibility that Nouriel's and my dire forecasts will prove to be right. The core argument of that paper is that the contin…