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Rhodium Group
Partner at the Rhodium Group, a New York-based economic advisory firm and Visiting fellow at the Peterson Institute for International Economics; former senior advisor to the State Department's Special Envoy on Climate Change
PROFILE
Trevor Houser
Guest
FROM Trevor Houser
Which Way, L.A.?
Tensions Escalate as Iran Threatens to Close Strait of Hormuz The US has warned Iran that it will not tolerate interference with the Strait of Hormuz. Only 34 miles wide, 40 percent of the world's tanker-borne oil passes through it. Closure of the strait would wreak havoc on global oil markets. Angry over the threat of new sanctions, Iranian leaders have upped their rhetoric in recent days, claiming that closing the waterway would be as easy as drinking a glass of water. With pressure growing again on Iran over its nuclear program, amid warnings of new sanctions, what's the agenda being pursued by Iranian leaders? How is the oil market responding? Is this a serious sign of increasing tensions in the region?
To the Point
Tensions Escalate as Iran Threatens to Close Strait of Hormuz The US has warned Iran that it will not tolerate interference with the Strait of Hormuz. Only 34 miles wide, 40 percent of the world's tanker-borne oil passes through it. Closure of the strait would wreak havoc on global oil markets. Angry over the threat of new sanctions, Iranian leaders have upped their rhetoric in recent days, claiming that closing the waterway would be as easy as drinking a glass of water. With pressure growing again on Iran over its nuclear program, amid warnings of new sanctions, what's the agenda being pursued by Iranian leaders? How is the oil market responding? Is this a serious sign of increasing tensions in the region?
Which Way, L.A.?
China Overtakes US in Energy Consumption Ten years ago, China consumed half as much energy as the United States. Now, after economic development at breakneck speed, China is the world’s largest consumer of oil, gas, coal, nuclear power and renewables.
To the Point
China Overtakes US in Energy Consumption China has now become the world's biggest consumer of energy. Because of the recession, it overcame the US five years sooner than anybody expected. That means more competition for limited resources, more clout for countries the US doesn't like, and, in the short run, more environmental pollution. What will it mean for green technology, especially if the US continues to lead the way in research while China does the manufacturing? We look at the vast implications of what's being called "a new age in the history of energy."
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To the Point
The Trump agenda: where's the beef? President Trump says big things are happening. After celebrating a House bill on health care, he doesn’t yet have Senate agreement. With James Comey’s public testimony scheduled tomorrow, the President today tweeted his selection of a new FBI Director. Is the Chief Executive all style and no substance? Later, terror attacks in Iran and conflicting claims about who’s behind them.
To the Point
Will the Senate write a healthcare bill in secret? While Democrats and Republicans argue White House relations with Russia, another question is being decided behind closed doors: who gets help buying health insurance and who doesn't? We hear how the pros and cons are being shrouded in secrecy.
To the Point
Replacing Obamacare: Now you see it… now you don’t As the Senate deliberates replacing Obmacare, health coverage for millions of people is at stake. There've been no public hearings, and a draft measure won't be made public. Is the House version so unpopular that that Senate is hiding a version that looks much the same?
To the Point
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.