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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 6, 2007
Monetary Policy
Emerging Asia: generally still intervening
Justin Lahart’s column today noted – quite correctly – that a slew of emerging Asian economies have allowed their exchange rates to appreciate against the dollar this year. The verb “allow” is…
May 25, 2006
United States
You know, there are safe havens that do not have a current account deficit of $1 trillion …
Incidentally, I am not the only one who thinks that the US current account deficit is heading toward a trillion. The OECD now forecasts $965b current account deficit in 2006 (7.2% of GDP), and $107…
April 10, 2006
China
China worries the US may want a “competitive” dollar
Xia Bin, head of the financial research institute at the cabinet's Development Research Centre, didn't use Martin Feldstein's clever term though. He worries about a weak dollar policy."We cannot und…
May 13, 2011
Defense and Security
Friday File: Will We Come to Regret the Raid on Abbottabad?
A policeman walks in front of Osama bin Laden's Abbottabad compound. (Faisal Mahmood/courtesy Reuters) Above the Fold. Actions, even virtuous ones, have consequences. Sometimes those consequences a…
June 16, 2005
Economics
A global savings glut, a global housing market bubble?
Alan Greenspan says there is no national bubble, just pockets of local froth. Or to the housing sector’s in house economists, just a few healthy suds floating on top of a healthy market. Then again,…