Council of Councils
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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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March 10, 2006
Peru
Peru’s Elections
Peru’s upcoming presidential election could be an important litmus test in a region leaning leftward.
October 23, 2005
China
China’s crazy numbers
The Big Picture is right. China's growth numbers are not to be trusted. China's growth almost certainly slowed more than the government acknowledged in say 1998 and 1999, after the Asian crisis. …
April 13, 2009
Monetary Policy
China’s reserves are still growing, but at a slower pace than before
If China’s euros, pounds, yen and other non-dollar reserves were managed as a separate portfolio, China’s non-dollar portfolio would be bigger than the total reserves of all countries other than Japa…
January 2, 2009
China
As trade slows, China doesn’t rethink its growth strategy ...
My title is a play on the New York Times’ online headline: "As Trade Slows, China Rethinks its Growth Strategy." The print version of the Times carries a headline that more accurately reflects the…
September 4, 2007
China
Close to $500b of debt purchased over the last 18 months, and not a cent of subprime …
China’s reserve managers – the State Administration of Foreign Exchange – recently reported that they have exactly zero exposure to US subprime mortgages. “"China's official forex reserves don't…