Welcome to “Women Around the World: This Week,” a series that highlights noteworthy news related to women and U.S. foreign policy. This week’s post, covering May 19 to May 25, was compiled with support from Alexandra Bro, Rebecca Hughes and Rebecca Turkington.
The rapid pace of North Korean diplomacy makes it crucial that Japan and South Korea coordinate more closely on potential changes to Northeast Asian security. But they must first overcome some deep-rooted grievances.
East Asia (China, Japan, and the NIEs) ran a $600 billion current account surplus in 2017. "Official" (central bank and sovereign fund) outflows accounted for about half of that. Asia's foreign exchange market intervention isn't as overt as it once was, but also hasn't entirely gone away.