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September 1, 2011

Climate Change
Separating Fact from Fiction on Keystone XL

Opposition to the Keystone XL pipeline, which would move diluted bitumen from the Canadian oil sands to the Gulf Coast, has come into full force over the past couple weeks, with over five hundred peo…

February 25, 2007

Financial Markets
The cranes of Dubai. Are they the answer to Edward Hugh’s question?

I think anyone who visits Dubai right now is bound to be dumbstruck by the sheer scale of the construction.  It, quite honestly, puts anything I saw in China in early 2005 to shame.   To the naked ey…

May 11, 2007

United States
Rising deficit in the US; rising surplus in China

 The US released its March trade data yesterday.   The US trade deficit widened.   And as Menzie Chinn accurately notes, it wasn't just oil.   The non-oil deficit also widened.   Exports bounced back…

March 1, 2010

Economics
Brazil as an Emerging Power: The View from the United States

The United States has always seen Brazil as a significant regional powerhouse, but its perceived importance has risen in the last decade. Due to Brazil’s economic strength, its hemispheric leadership…

cristo redentor

June 8, 2005

Economics
Greenspan’s conundrum and oil

The most profitable sector of the Chinese economy, according to data from UBS. Mining. It is not even close. I presume that includes mining for oil. Remember that. I will return to it in a bit.A…