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March 29, 2012

Trade
Morning Brief: EPA Proposes Greenhouse Gas Limits on New Plants

The Environmental Protection Agency (EPA) proposed limits for carbon dioxide emissions of new power plants (NYT). The rules will require future power plants to restrict emissions to less than 1,000 p…

Carbon capture test project at a West Virginia power plant of American Electric Power (AEP).  The project was co-funded by the Department of Energy, but halted last year (AEP/Courtesy Reuters).

March 22, 2006

United States
Not priced in

David Bassanese recently wrote in the Australian Financial review: "Provided inflation remains benign, the goods news is that the US economy does not appear to be facing many downside risks, and its …

January 8, 2003

United States
Rewards from China’s Integration into the WTO Far Outweigh Risks for Both the United States and China, Concludes Council-Sponsored Independent Task Force

October 11, 2001 – Both the United States and China will run risks as Beijing moves ahead with membership in the World Trade Organization (WTO), but the potential payoffs for both countries are well …

September 4, 2005

China
If it is still a dollar peg, where is the monetary policy flexiblity?

I rarely agree with Steven "trade deficits do not matter" Jen.   His models for G3 exchange rate determination leave out a variable - the pace at which the US is adding to its external debt and its r…

July 30, 2014

Wars and Conflict
TWE Remembers: World War I Novels

Yesterday, I recommended several great books on the origins of World War I. I’m a history buff, so books about what world leaders said and did are my thing. But friends who prefer novels to histories…

World-War-I-Novels