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October 4, 2019

Election 2020
Election 2020 Foreign Policy Roundup: William Weld Answers Twelve Questions

Former Massachusetts Governor William Weld has become the sixteenth presidential candidate—and the first Republican challenger—to answer the Council on Foreign Relations’ candidate survey. His answer…

Former Governor William Weld answers questions in New York after a Sept. 24 debate.

September 25, 2019

China
The President’s Inbox: Admiral William McRaven on Technology, Innovation, and Special Operations

The latest episode of The President’s Inbox is now up. My guest was Admiral William McRaven (Rtd.), a member of CFR’s Board of Directors and the co-chair of the recent CFR Independent Task Force on I…

Admiral William McRaven (Rtd.) speaks during a Reuters Newsmakers event in New York in May 2019.

February 27, 2018

Southeast Asia
Islamist Groups Could Swing Malaysian and Indonesian Elections

After months of speculation, many signs indicate that Malaysia will hold its national elections in late April or early May. According to reports in the Malaysian press, the country’s election commiss…

Najib-12.22.2017

October 16, 2019

Cybersecurity
New Cyber Brief: Expanding Disclosure Policy to Drive Better Cybersecurity

Threats to national and economic security emanating from cyberspace are all too real, but public disclosure of these incidents is exceedingly rare. A new Council on Foreign Relations Cyber Brief prov…

U.S. Attorney for the Southern District of New York Geoffrey Berman (2nd L) speaks as (L-R) FBI Director Christopher Wray, U.S. Deputy Attorney General Rod Rosenstein and Assistant Attorney General for National Security John Demers listen during a news conference to announce a China related national security law enforcement action December 20, 2018 at The Justice Department in Washington, DC. The Justice Department has filed charges against two Chinese national individuals, Zhu Hua and Zhang Shilong who bel

October 11, 2019

Election 2020
Election 2020 Foreign Policy Roundup: Syrian Kurds, the NBA, and LGBTQ Rights

The big foreign policy news this week was President Donald Trump’s decision to withdraw U.S. troops who have been working with Syrian Kurds, effectively greenlighting Turkey’s subsequent invasion of …

People flee Turkish air strikes in Ras al Ain along the northern Syrian border.

October 9, 2019

Taiwan
$130+ Billion in Undisclosed Foreign Exchange Intervention by Taiwan's Central Bank

Based on the profits and losses disclosed by Taiwan’s central bank, it appears that its true FX exposures exceed its disclosed foreign exchange reserves by USD 130bn, and perhaps by as much as USD 20…

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October 4, 2019

Cybersecurity
Cyber Week in Review: October 4, 2019

Lawmakers propose $1 billion to replace Huawei equipment in rural networks; Singapore launches ASEAN cybersecurity research center; governments hold social media platforms accountable for content; DO…

A 3D printed Facebook logo is placed on broken glass above a printed EU flag in this illustration taken.

October 4, 2019

Taiwan
Shadow FX Intervention in Taiwan: Solving a 100+ billion dollar enigma (Part 2)

Large-scale purchases of foreign bonds have become the central flow sustaining Taiwan’s massive current account surplus and keeping the Taiwan dollar weak. The size of this flow raises the question o…

Shadow FX Intervention in Taiwan: Solving a 100+ billion dollar enigma (Part 2)

October 4, 2019

Taiwan
Shadow FX Intervention in Taiwan: Solving a 100+ billion dollar enigma (Part 3)

This is the third post in a series* on Taiwan's life insurers and their private & sovereign FX hedging counterparties. It’s the product of a collaboration with S.T.W**, a market participant and frien…

Shadow FX Intervention in Taiwan: Solving a 100+ billion dollar enigma (Part 3)

September 27, 2019

Elections and Voting
Election 2020 Foreign Policy Roundup: Treason, Debates, and Progressive Foreign Policy

The 2020 campaign continues even as impeachment talk dominates the news this week. Since I spend a lot of time reading what President Donald Trump’s challengers have to say about foreign policy, as w…

President Trump's Republican contenders debate each other in New York on September 24.