OPINION

A new economic order needs a moral compass

Oped, Published on 24/06/2025

» Even before US President Donald Trump launched his assault on the global economy, it was facing not only a structural crisis but a collapse in the values that once justified and guided international cooperation. The retraction of multilateralism reflects not just weakened institutions and geopolitical tensions but also a loss of shared principles for international cooperation and a shift toward unilateralism, transactional diplomacy, and zero-sum nationalism.