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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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November 17, 2006
Monetary Policy
The world, in a single graph
Actually, this post should be titled “everything I think I know about the world, in a single graph.” The following graph combines various measures of dollar reserve growth with data on the overa…
January 12, 2006
United States
US November trade data
$64.2 billion is not $68.1 billion. But it is still kind of large. Another $65 billion deficit in December, and the annual trade deficit will reach $726 billion. That works out to a fourth quar…
October 28, 2015
Emerging Markets
Currency Crises in Emerging Markets
Projected capital outflows are placing pressure on the currencies of some of the world most dynamic emerging markets.
June 21, 2007
Financial Markets
Yes, Virginia, exchange rates do matter (JPY edition)
The yen depreciates. Against the dollar, bien sur. But especially against the euro and other European currencies. Guess what happens?Japanese exports to Europe rose by nearly 18% (y/y) in May…
December 12, 2006
United States
Trade deficit seems to have stabilized, at least if oil stays at its current levels
I don’t think the deficit stabilized just because of the headline fall in the trade deficit. The deficit is down $9.6b from its August peak largely because the US oil import bill has fallen by $7.6…
