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April 6, 2011

Budget, Debt, and Deficits
TWE Quick Takes: Is the Federal Government Shutting Down on Saturday?

Standing with fellow Republican House members, House Budget Committee Chairman Paul Ryan (R-Wis.) speaks at a news conference held to unveil the House Republican budget blueprint on April 5, 2011. (K…

Standing with fellow Republican House members, House Budget Committee Chairman Paul Ryan (R-WI) speaks at a news conference held to unveil the House Republican budget blueprint in the Capitol in Washington
Blog Post by James M. Lindsay The Water's Edge

October 29, 2024

Lebanon
What Is Hezbollah?

The Iran-backed Shiite militia was considered the most powerful non-state group in the Middle East, but an Israeli military campaign against Hezbollah in 2024 has considerably weakened it.

A man bearing a Hezbollah flag leads ranks of militants through Beirut’s southern suburb.
Backgrounder by CFR.org Editors

September 23, 2006

China
Hmmm - the PBoC still manages the reserves shifted to the state banks

The New York Times (emphasis added): The People’s Bank of China, the country’s central bank, transferred $15 billion of the country’s foreign exchange reserves to the Industrial and Commercial Bank l…

Blog Post by Brad W. Setser Follow the Money

October 15, 2024

Austria
How Far-Right Election Gains Are Changing Europe

Far-right parties are making significant strides in Austria and Germany, pulling EU policies in a rightward direction.

A group of members of Austria’s Freedom Party (FPÖ) celebrate their electoral win together on a brightly-lit stage.
Expert Brief by Liana Fix and Sophia Winograd Europe Program

April 5, 2009

Sign of strength or evidence of weakness? China’s dollar reserves

On Friday, Paul Krugman interpreted China’s call for a new reserve currency as a sign of weakness: “But Mr. Zhou’s speech was actually an admission of weakness. In effect, he was saying that China …

Sign of strength or evidence of weakness? China’s dollar reserves
Blog Post by Brad W. Setser Follow the Money

October 17, 2024

Election 2024
CFR-Georgia Tech Election 2024 U.S. Foreign Policy Public Forum

Join us for an in-depth, nonpartisan conversation on America’s role in the world and the foreign policy issues at stake in the 2024 election, including sustainability, artificial intelligence, nation…

Play Georgia Institute of Technology logo on the side of a building on campus.
Event by Heidi Crebo-Rediker, Kat Duffy, Margaret E. Kosal, Varun Sivaram, Rickey Bevington, and Ángel Cabrera Election 2024 Events

November 7, 2006

China
It is semi-official –China has $ 1 trillion in reserves …

So says Chinese State TV. SAFE issued a non-denial denial.  SAFE didn't deny having $ trillion in the bank, but did deny issuing any formal statement showing that they have $1 trillion in the bank: "…

Blog Post by Brad W. Setser Follow the Money