Covid-19 is a crisis of globalisation, propagated by around 800,000 international flights carrying over 100 million people across borders every week, along with the cruise liners carrying half a million or so tourists in any …
Horror videos posted on social media last week of residents of the Ecuadorian coastal metropolis of Guayaquil abandoning corpses in the streets while vultures circled overhead underline the extreme vulnerability of emerging nations to the …
The frenzy outside a local butcher’s shop was electric, as sharp-elbowed women forced their way through the door, where dozens were already packed to the counter thrusting their purses, seeking the butcher’s attention. One pushed …
Poker games get no bigger than this. Saudi Arabia’s Prince Mohammed bin Salman has gambled that a threatened cut of almost US$1 trillion to global oil revenue will force Russia’s President Vladimir Putin back into …
The US and Australian share markets were touching record highs until 21 February, when they woke up to the possibility that the novel coronavirus—which had by that stage infected 78,000 people and killed nearly 2,400—would …
A scandal is brewing at the World Bank. The Economist recently suggested that the premature departure of its chief economist, Pinelopi Goldberg, is related to the bank’s suppression of a study showing that a material …
US President Donald Trump’s ‘phase one’ trade deal with China has set unrealistically high targets for Chinese purchases of US goods and services that can only be met by savage reductions in its imports from …
Iran’s economy minister, Farhad Dejpasand, has called on the multilateral Financial Action Task Force (FATF) to discipline the US over its use of budget funds to finance the assassination of General Qassem Soleimani at Baghdad …
Conflict over trade dominated the economic headlines in 2019, so it’s surprising that the year ended with significant progress on three trade agreements. Each tells a different story about the outlook both for the global …
Chinese and European aspirations to weaken the dominance of the US dollar as the global currency of choice have come to naught, with the latest global survey showing the greenback is on one side of …
The Economist recently contrasted the cold shoulder that Russian President Vladimir Putin received at the 2014 Brisbane G20 Summit in the wake of his annexation of Crimea, invasion of Ukraine and downing of the MH17 …
China’s dominance of the rare-earths industry is the result of a 40-year campaign by the Chinese state that has given it a market share of between 80% and 90% of the mining, processing and manufacturing …