Showing 1 - 10 of 455
Navigating between global superpowers
News, Vitit Muntarbhorn, Published on 14/02/2026
» Both China and the US issued new national security policies over the past year. At first glance, they seem to diverge markedly, portending a deep rupture in the world order. Yet, they may also bear some similarities in terms of self-interest and self-advancement. Collateral to that, other countries seeking to forge a middle path may wish to navigate a perspicacious route towards global equilibrium.
How world's super-rich are rewriting the rules
Oped, Joseph E Stiglitz & Jayati Ghosh, Published on 13/02/2026
» Ongoing efforts to derail multilateral tax cooperation lie at the heart of a global programme to replace democratic governance with coercive rule by the extremely wealthy -- or what we call 21st-century Caesarism. Any strategy to counter this programme, therefore, must recognise that taxing extreme wealth is essential to saving democracy.
Emerging markets stand strong
Oped, Kristalina Georgieva and Mohammed Al-Jadaan, Published on 12/02/2026
» It used to be that when advanced economies sneezed, emerging markets caught a cold. That is no longer true. Following recent global shocks, such as the post-pandemic inflation surge and a new wave of tariffs, emerging markets have held up well. Inflation has continued to slow, currencies have generally retained their value, and debt issuance costs have remained at manageable levels. There has been no sign of the kind of financial turbulence that came with past economic shocks.
Our tariff-era dollar, your problem
Oped, Qiyuan Xu, Published on 04/02/2026
» In 2025, the dollar index, which measures the greenback's strength against a basket of major currencies, fell by roughly 9.4%. Over the same period, the United States' average effective tariff rate rose by around 14.4 percentage points, from 2.4% to 16.8%, according to the Yale Budget Lab. Taken together, these shifts imply that, in the import trade domain, the US experienced an effective exchange-rate depreciation of around 24%.
Thai baht under watch
News, Editorial, Published on 03/02/2026
» As Thailand heads to the polls this Sunday, the campaign trail has been crowded with promises of wage hikes, subsidies and generous domestic giveaways. Yet last week, a far more sobering message arrived from Washington. The US Treasury has placed Thailand back on its currency monitoring list, a move that carries implications well beyond a routine financial assessment.
Middle powers can do their bit
News, Moreno Bertoldi & Marco Buti, Published on 02/02/2026
» Amid escalating geopolitical tensions, the world is increasingly caught between the United States -- an extractive superpower -- and China, a "dependency superpower" whose global influence rests on making other countries reliant on its exports. In the absence of meaningful resistance, both are likely to remain on this course, leaving middle powers to comply with their demands or face retaliation.
Is China's economic policy a little too cautious?
News, Published on 31/01/2026
» In the Chinese zodiac, 2026 is the Year of the Fire Horse. Pairing the powerful and lively horse with the element of fire yields a symbol of intensity, vitality, and forward momentum. But, the wisdom goes, the fire horse must not allow its determination to give way to recklessness. Likewise, the tension between balance and dynamism will define Chinese economic policy in the year ahead.
Trump's 'America First' in overdrive
News, Thitinan Pongsudhirak, Published on 23/01/2026
» President Donald Trump's extraterritorial capture of Venezuelan President Nicolas Maduro and his wife on cocaine-trafficking and terrorism-related charges earlier this month and repeated demand to take over Greenland at the World Economic Forum this week are part and parcel of a belligerent and transformative "America First" paradigm that dates back at least four decades.
It could take 1 Danish soldier in Greenland
News, Gwynne Dyer, Published on 23/01/2026
» In 1910, Henry Wilson, the British army officer charged with planning for a possible war with Germany, visited the French officer doing the same job in Paris, Ferdinand Foch. The Anglo-French alliance was still a tentative, semi-secret thing, so Wilson asked Foch, "What is the smallest British military force that would be of any practical assistance to you?"
Strongman playbook
Postbag, Published on 18/01/2026
» Re: "Senate votes to curb Potus' war powers", (World, Jan 10).