U.S. liquefied natural gas (LNG) export capacity has grown rapidly since the Lower 48 states first began exporting LNG in February 2016. In 2020, the United States became the world’s third-largest LNG exporter, behind Australia and Qatar. Once the new LNG liquefaction units, called trains, at Sabine Pass and Calcasieu …

Crypto assets and associated products and services have grown rapidly in recent years. Furthermore, interlinkages with the regulated financial system are rising. Policymakers struggle to monitor risks from this evolving sector, in which many activities are unregulated. In fact, we think these financial stability risks could soon become systemic in …

Presidents Joseph Biden of the United States and Vladimir Putin of Russia have agreed, in their December 7 video-dialogue (see EDM, December 8), to create working groups that would address Russia’s concerns regarding Ukraine’s place in the European security order. Those concerns directly relate to Ukraine’s choice of a Western …