Press Briefing

Jun 03, 2010

Health and Safety Tips for Your Summer Vacation (Update 2010)
http://www.acsh.org/docLib/20100528_summer_tips_2010.pdf

How Far Will the Gulf Gusher Spread? - Trapped in water pockets, the oil from Deepwater Horizon will ride the Gulf Stream across the Atlantic. In years to come, some will even wash up on European shores
http://online.wsj.com/article/SB10001424052748703561604575282420254222384.html

Central bank co-operation and international liquidity in the financial crisis of 2008-9. By Richhild Moessner and William Allen. Working Papers No 310. June 2010
http://www.bis.org/publ/work310.htm
The financial crisis that began in August 2007 has blurred the sharp distinction between monetary and financial stability.It has also led to a revival of practical central bank co-operation. This paper explains how things have changed. The main innovation in central bank cooperation during this crisis was the emergency provision of international liquidity through bilateral central bank swap facilities, which have evolved to form interconnected swap networks. We discuss the reasons for establishing swap facilities, relate the probability of a country receiving a swap line in a currency to a measure of currency-specific liquidity shortages based on the BIS international banking statistics, and find a significant relationship in the case of the US dollar, the euro, the yen and the Swiss franc. We also discuss the role and effectiveness of swap lines in relieving currency-specific liquidity shortages, the risks that central banks run in extending swap lines and the limitations to their utility in relieving liquidity pressures. We conclude that the credit crisis is likely to have a lasting effect on the international liquidity policies of governments and central banks.


India’s Future Aircraft Carrier Force and the Need for Strategic Flexibility
http://www.idsa.in/idsacomments/IndiasFutureAircraftCarrierForceandtheNeedforStrategicFlexibility_irehman_010610

Entitlement Reform and the Global Budget Crisis - Putting Social Security on a sustainable path isn't nearly enough. But it would do a lot to convince markets that Washington can be serious
http://online.wsj.com/article/SB10001424052748704269204575270702838532246.html

Introducing U.S. Cyber Command, by William J Lynn III, Deputy Defense Sec
http://online.wsj.com/article/SB10001424052748704875604575280881128276448.html
More than 100 foreign intelligence agencies and militaries threaten U.S. defense networks.

Iran's Nuclear Progress - Even the U.N. now says Iran has enough fuel for two weapons
http://online.wsj.com/article/SB10001424052748704875604575280783424640448.html

Pacific Partnership Arrives in Vietnam
http://blogs.state.gov/index.php/entries/pacific_partnership_vietnam

Maybe the constitutional case for ObamaCare isn't so open and shut: Justice Needs More Time
http://online.wsj.com/article/SB10001424052748704596504575272882527805408.html

Taiwan’s Unending Dialogue over ECFA. By Jagannath P. Panda
http://www.idsa.in/idsacomments/TaiwansUnendingDialogueoverECFA_jppanda_010610

The Blue Dogs Roll Over - How they abet Pelosi's spending agenda
http://online.wsj.com/article/SB10001424052748704875604575280260628776940.html

Erdogan and the Decline of the Turks - When I asked the prime minister about stories alleging a U.S.-Israeli murder and organ selling scheme in Iraq, he could not bring himself to condemn them
http://online.wsj.com/article/SB10001424052748704875604575281392195250402.html

Remarks Before the Ministerial Meeting at the Alliance of Civilizations Rio Forum. By Esther Brimmer, Assistant Secretary, Bureau of International Organization Affairs. Rio de Janeiro, Brazil, May 28, 2010
http://www.state.gov/p/io/rm/2010/142493.htm

Rethinking Darfur, by Marc Gustafson
http://www.cato.org/pub_display.php?pub_id=11862

Remarks by the President After Meeting with BP Oil Spill Commission Co-Chairs
http://www.whitehouse.gov/the-press-office/remarks-president-after-meeting-with-bp-oil-spill-commission-co-chairs

BP Oil Spill: Who's Your Daddy?, by Gene Healy
http://www.cato.org/pub_display.php?pub_id=11859

Breast Cancer Vaccine (For Mice)
http://www.acsh.org/factsfears/newsID.1486/news_detail.asp

Obamacare’s True Costs Coming to Light
http://blog.heritage.org/2010/06/02/morning-bell-obamacares-true-costs-coming-to-light

ObamaCare's Ever-Rising Price Tag - Voters will understand plenty about the hidden costs of the law by November
http://online.wsj.com/article/SB10001424052748703561604575282482320389198.html