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February 27, 2006

Financial Markets
A butterfly flapped its wings in Iceland …

If you read the financial press closely, it was hard not to learn a bit about the Icelandic krona over the past week.   The krona pays a high interest rate, you see - enabling Iceland to attract the …

June 19, 2007

Monetary Policy
Sovereign Wealth Funds are sexy, but the real story right now comes from plain old central bank reserves …

Everyone now wants to talk about sovereign wealth funds, both how big they will become and how they will (or will not) impact a range of markets.  I tend to agree with Tony Tassel and Joanna Chung of…

June 24, 2011

United States
Libya: "Justifications" for Intervention

Rebels fighters are reflected on a side mirror at the front line in Ajdabiyah June 22, 2011. REUTERS/Mohamed Abd El-Ghany As anyone who reads this blog probably knows, I have been a critic of the U…

Libya: "Justifications" for Intervention

February 17, 2012

Budget, Debt, and Deficits
Friday File: Anthony Shadid

Above the Fold. Anthony Shadid, a New York Times foreign correspondent, died yesterday while covering the ongoing political upheaval in Syria. He wasn’t cut down by the violence of what is becoming a…

Anthony Shadid (right) with other New York Times journalists and Turkey's Ambassador to Libya on March 21, 2011. (Handout/courtesy Reuters)

November 12, 2014

International Organizations
On the Line in Brisbane: Global Growth and G20 Credibility

Coauthored with Daniel Chardell, research associate in the International Institutions and Global Governance program. This weekend, leaders of the Group of Twenty (G20) states gather in Brisbane, Aus…

U.S. Treasury Secretary Jack Lew and his Australian counterpart Joe Hockey speak at a media conference at the G20 Finance Ministers and Central Bank Governors meeting in the Australian city of Cairns on September 19, 2014.