Australia’s ability to produce basic metals, including copper, lead, zinc, nickel and construction steel, is in jeopardy, with ageing plants struggling against Chinese competition. The multinational commodities company Trafigura has put its Australian operations under …
How will the US assault on trade affect geopolitical relations within Asia? Will nations turn to China and seek protection by trading with each other? The happy snaps a week ago of the trade ministers …
Australia, Britain and European countries should loosen budget rules to allow borrowing to fund higher defence spending, a new study by the Kiel Institute suggests. Currently, budget debt rules are forcing governments to finance increases …
Anyone involved in Australia’s critical minerals industry would be rolling their eyes at the transaction still reported to be under consideration between Ukraine and the United States. US President Donald Trump was initially asking for …
Australia has been losing so many sovereign manufacturing capabilities over the past two decades that it is hard to know where to draw the line. The Whyalla steel mill may mark the spot. The Australian …
The rising use of economic coercion is a symptom of an increasingly unstable world that is struggling to contain rise of China and is no longer bound by the institutions established in the wake of …
US President Donald Trump has called on NATO members to lift their defence spending from the current target of 2 percent of GDP to 5 percent. ‘They could all afford it,’ he said, warning that the …
Australia’s exports to China have not returned to the peaks before the Chinese authorities started imposing discriminatory bans, but they are higher than five years ago, unlike China’s imports from every other major advanced economy. Although …
Global migration flows have risen to record levels since the pandemic, driven by economic opportunity and conflict, and are facing a widespread policy backlash. A record 6.5 million people made new homes in advanced nations …
Australia risks being caught in no man’s land as the world divides into rival economic blocs in what the International Monetary Fund describes as a new cold war. Trade has been falling everywhere since Russia’s …
China’s Belt and Road Initiative (BRI) for investment abroad has been revamped with a greater focus on risk management and governance, and it is on the cusp of winning important new members. Brazil is expected …
It is intrinsic to warfare that economic assets are destroyed, but conflicts usually don’t generate economic devastation on the scale inflicted in Gaza. The value of economic activity in Gaza in the first quarter of 2024 …
