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October 11, 2019

United States
Happy 244th Birthday to the U.S. Navy!

The U.S. Navy turns 244 years-old this weekend. On October 13, 1775, the Continental Congress commissioned two ships, each with eighty sailors, “for intercepting such transports as may be laden with …

U.S. Navy

December 18, 2020

Transition 2021
Transition 2021: How Much Foreign Policy Leverage Is Trump Leaving Biden?

Each Friday, I look at what is happening in President-Elect Joe Biden’s transition to the White House. This week: The Biden administration may have less leverage to strike winning deals than he, and …

President-Elect Joe Biden stands behind a podium labelled "Office of the President Elect."

July 29, 2014

Wars and Conflict
TWE Remembers: World War I Histories

You can learn a lot about the origins, events, and consequences of World War I by surfing the Internet. But if you really want to understand why the Great War happened, you should read serious histor…

World-War-I-Books

February 22, 2017

China
China’s Estimated Intervention in January

It should go almost without saying that China’s ability to maintain its current exchange rate regime matters. The yuan has been more less stable against the CFETS basket since last July. If the cu…

China’s Estimated Intervention in January

February 7, 2012

Trade
Morning Brief: Obama Likely to Sign FAA Funding Bill

President Obama is expected to sign legislation that will support federal aviation programs (NYT) through 2015, ending five years of stopgap financing. The bill includes about $16 billion a year for …