When French bank BNP Paribas quietly dropped its ban on financing ‘controversial weapons’ in September, it looked like a technical tweak. But far from semantics, it was a shift in how finance can serve strategy. …
Articles by: "James Tennant"
Coercive statecraft is increasingly waged through control of supply chains, payment systems and trade flows, reflecting sharper geostrategic competition. Australia risks falling behind. We still tend to view power in terms of ships, submarines and …
In an age of great-power competition, the next major conflict may be waged not in the skies over the Indo-Pacific or in the South China Sea, but through sanctions regimes, targeted financial disruptions and coercive …


