The recent fall in oil prices, if sustained, should bring down the external surplus of the oil exporters. $80 a barrel is well above the average price of oil for most of the 1990s – or for that mat…

China and Russia have strengthened ties, despite tensions in the financial sector. The United States is closely monitoring their activity and increasing Chinese support for Russia's war effort in Ukr…

Laws meant to insulate domestic companies from foreign transactions are often implemented with little regard to the ensuing domestic costs.  Those costs could undermine the national security goals of…