Finally!

It seems that someone in Washington is finally calling attention to the US government's dangerous fixation on the Middle East -- as freelance writer and onetime NYT correspondent Richard Halloran writes at RealClearPolitics, the Congressional Research Service has produced a report (available for downloaded here) warning that insufficient attention is being paid to the Asia-Pacific …

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Much ado about nothing in Essen

So the meeting of G7 finance minister and central bank presidents has concluded, and, despite grumbles from the Democratic US Congress and the EU's ECOFIN about the weakness of the Japanese yen, the final statement in Essen included nothing that directly referred to Japanese monetary policy.Instead, the only country named directly in the paragraph on …

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