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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December 2, 2004
Financial Markets
Renminbi tests multi-year lows against euro, pound, yen …
The renminbi seems to have reached a new low against the euro today, breaking through the low set yesterday before a very brief little rally. Every time the renminbi-dollar tumbles, I am reminded wh…
December 15, 2017
United States
Why The Trade Balance (Still) Matters
It is a useful indicator (even for the U.S.)
July 21, 2005
China shifts to a basket peg
But the change against the dollar is small. Very small. Too small in my view to have much of an economic impact, in any way. On trade flows. Or on capital flows. I would still bet on a furth…
March 15, 2006
Emerging Markets
Feeding the hand that bites you …
Justin Lahart writes well; I stole the "feeding the hand that bites you" line from him. It is a good one.The US tells China (oops, CNOOC) that it cannot buy Unocal, even though Unocal's energy asset…
March 27, 2007
Trade
US Trade Policy: The China Question
Let me begin by saying how honored I am to have been invited to appear before your Committee, Senator Baucus. I have long been familiar with the leadership you have provided on trade issues in the Se…