The Biden administration attracted a dozen nations to the launch of its Indo-Pacific Economic Framework but the lack of commitment to the plan from either the United States or the region suggests it’s unlikely to …
The impact of the Russia–Ukraine war on global food supplies is being magnified by nations imposing bans on food and fertiliser exports to preserve stocks for their domestic needs. Since the invasion, 15 nations have …
Australian-based financial institutions have almost doubled their use of Chinese funding over the past three years to $46.7 billion, with Chinese investors liking the returns on offer despite the deep-freeze in bilateral trade and diplomatic …
Australia is Russia’s closest competitor in global markets and is the obvious winner as Russia loses sales under the impact of international sanctions. Since the beginning of the year, the average price of Australia’s biggest …
President Joe Biden announced last week that the US will tap into its emergency oil reserves to minimise the blowback to the US economy from its sanctions on Russia. That move will go some way …
China and Russia may be allies in autocracy, but their attitudes towards engagement with the global economy could not be more different. Whereas Vladimir Putin has devoted the past 20 years to making Russia’s economy …
Russian President Vladimir Putin aspires to be leader of the great power of Eurasia rivalling China to its east and the European Union and the United States to its west. Yet the latest analysis from …
While the battle for Kyiv rages, the economic war between Russia and the nations of the West has barely begun. The US, the EU and their allies are concentrating their economic attacks on Russia’s financial …
Russia and China are making much of their strategic partnership as a counterbalance to their stresses with the West, but the European Union is still much more important economically to Russia than is China, and …
The best test of the effectiveness of US sanctions policy over Ukraine will be if it deters Russia from invading and encourages a negotiated solution. Once the military has moved, sanctions are unlikely to prompt …
Xi Jinping and Joe Biden both face major political events in the closing months of this year and want economic conditions to be as favourable as possible, but the two have taken opposite tacks on …
Originally published 3 May 2021. China’s steel industry is blaming the concentrated ownership of Australia’s iron ore mines for the soaring ore price and is calling for Chinese government intervention. ‘We believe that the supply …