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May 12, 2017

U.S. Foreign Policy
Moored to Memory: The Problem of the Past in U.S.-Australia Relations

Now that the reverie aboard the USS Intrepid has receded into memory, it is time to ask just what, precisely, Australian Prime Minister Malcolm Turnbull achieved on his recent visit to New York and m…

U.S. President Donald Trump and Australia's Prime Minister Malcolm Turnbull deliver brief remarks to reporters as they meet ahead of an event commemorating the 75th anniversary of the Battle of the Coral Sea, aboard the USS Intrepid Sea, Air and Space Museum in New York, U.S. May 4, 2017. (Jonathan Ernst/Reuters)

November 21, 2003

United Kingdom
Hoge: Bush’s Image and Message Likely Enhanced by Trip to Britain

Warren Hoge, the chief London correspondent for The New York Times, says that as a result of his trip to Britain, President Bush “has certainly improved his image” overseas. What remains t…

June 10, 2008

Budget, Debt, and Deficits
Shhh.. don’t tell any one. The US trade deficit is getting worse, not better

The $60.9 billion monthly April trade deficit was the largest monthly deficit since last March. So much for the notion that the trade deficit has turned the proverbial corner. One price explains …

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May 18, 2007

China
Exchange rates don’t matter. At not least not the RMB/ dollar …

Sometimes it seems that the larger China’s current account surplus – and the bigger the share of the US current account deficit financed by China’s government – the more insistent the Economist becom…

April 6, 2008

Financial Markets
A RMB that isn’t appreciating cannot be killing you …

The premise of Joe Nocera’s New York Times story “Two factories, two firms” is logical enough: an appreciating RMB should hurt a low-end, cost-conscious textile exporter and help a higher-end manufac…