832 Results for:
Filters

January 30, 2005

Financial Markets
Stephen Jen might want to rejigger his model

Apparently, Mr. Jen thinks the dollar -- despite the United States’ 6.2% of GDP current account deficit -- is significantly undervalued against all major currencies, and fairly valued against most As…

Blog Post by Brad W. Setser Follow the Money

November 27, 2006

Monetary Policy
Stephen Jen: only 60% of China’s reserves are in dollars.

Stephen Jen sometimes says the darnedest things.  Not about currencies.   But about reserves. His estimates for oil reserve growth have been consistently on the low side.   Norway, the UAE and Kuwait…

Blog Post by Brad W. Setser Follow the Money

August 14, 2006

United States
I don’t think Stephen Jen can argue that I have been inconsistent.

Wrong, maybe, but not inconsistent.Stephen Jen notes that China is not the only country with an enormous current account surplus that intervenes massively in the foreign exchange market – “If…

Blog Post by Brad W. Setser Follow the Money

July 3, 2013

Trade
The U.S.-EU Spying Fiasco: Why Commercial Espionage is a Bad Idea for the United States

When I was a young reporter in 1993 covering the final days of the Uruguay Round world trade negotiations in Geneva, I got a strange phone call in my hotel room from one of the lobbyists for a big U…

Security cameras near the main entrance of the European Union Council building in Brussels (Francois Lenoir/Courtesy Reuters)
Blog Post by Edward Alden Renewing America

August 16, 2013

Military Operations
You Might Have Missed: Spies, Think Tanks, and Stuxnet Realities

Gregory D. Johnsen, “Did an 8-Year-Old Spy for America?” The Atlantic, August 14, 2013. At the time of the meeting, the boy didn’t know that the United States had decided to kill a man named Adnan a…

funeral convoy carrying bodies of four Islamist militants killed by an air strike
Blog Post by Micah Zenko Politics, Power, and Preventive Action