Economists rely on Vector Autoregression (VAR) models to forecast macroeconomic time series that may infer the effects of structural shocks and estimate unobservable cyclical components of macroeconomic aggregates. A VAR model is made up of a system of equations that...
The Joe Biden administration has come out in opposition to Congress creating an inspector general’s office to oversee weapons transfers to the Ukrainian government. The National Defense Authorization Act (NDAA) includes a provision that will create an inspector...
The war in Ukraine has been going on for over a year and shows little signs of abating anytime soon. This is bad news for the people of Ukraine, who continue to suffer from Russian missile strikes and from their own government dragging men off the streets to send off...
US News Lawmakers on both sides of the aisle, particularly in the GOP, are pushing back against the renewal of a law authorizing a tool used by US spy agencies, in the post 9/11 era, to conduct warrantless surveillance on foreign targets and Americans with whom they...
While on the campaign trail, President Joe Biden spoke with some "Syrian American activists" who favor increased sanctions on the country as well as regime change in Damascus, during a private fundraiser in Maryland last month. According to neoconservative columnist...
Republicans are terrible on China. Examples abound, but perhaps the most instructive illustration of this long-term handicap comes from the following quotation: “We must be prepared to go it alone in China if our allies desert us. We must not fool ourselves into...
In a move which will surely garner censures from Bern’s European allies, Switzerland has vetoed a plan to send roughly 100 mothballed German-made Leopard 1 battle tanks to Kiev, citing its neutrality laws. This decision comes as Ukraine’s long awaited counteroffensive...
Yevgeny Prigozhin, the leader the Wagner group, has ended his siege of the Russian city of Rostov-on-Don and turned around his march on Moscow. It is not clear what happened nor what was staged and what was real. Each expert and commentator offers a different expert...
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