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OPINION

China military purge exposes Xi's unease

News, John J Metzler, Published on 14/02/2026

» Strange and mysterious events are transpiring inside the walls of Beijing's Forbidden City. In the massive nearby government compound Zhongnanhai there's a clear unease as Communist Party Chief and military supremo Xi Jinping, the Chinese president, has shuffled the political cards in the powerful Central Military Commission (CMC), by purging his two top generals.

OPINION

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.

OPINION

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%.

OPINION

Time to legalise

Postbag, Published on 03/02/2026

» Re: "Sex workers get pre-election boost", (BP, Feb 1). 

OPINION

When repressive states choose terror over death

News, Alan Clements, Published on 23/01/2026

» Fyodor Dostoevsky -- one of the few writers to survive state terror and return with a psychology sharp enough to indict it.

OPINION

2026 outlook calls for recalibration

News, Mohamed A El-Erian, Published on 17/01/2026

» For global markets, 2025 was defined as much by what did not happen as by what did. The year offered a masterclass in the power of a single narrative, with massive, concentrated bets on AI masking various other unanswered questions. Yet as we move further into 2026, the AI narrative is unlikely to prove strong enough to continue overshadowing other lingering uncertainties, many of which reflect deeper structural shifts. For investors, central banks, and governments alike, the situation demands adaptation.

OPINION

When infrastructure meets AI

Oped, Bertrand Badré & Saurabh Mishra, Published on 16/01/2026

» Infrastructure investment is booming. Around the world, governments are pouring trillions of dollars into roads, power grids, data centres, water systems, and housing, with many responding to intensifying climate shocks and the growing need for adaptation. Yet the construction industry -- the single largest force physically reshaping the planet -- is among the last major sectors to unlock all the benefits that digital technology offers. As a result, it accounts for about 21% of greenhouse-gas emissions, produces half of global landfill waste, and overspends by US$1.6 trillion a year.

OPINION

Moderate global growth masks regional strains

Oped, John J. Metzler, Published on 14/01/2026

» Global economic growth still continues, but at a moderate pace. That's the verdict from the UN's World Economic Situation and Prospects 2026, which predicts that global economic output will grow by 2.7% this year, or slightly below the 2.8% estimated for 2025, but less than the pre-pandemic average of 3.2%.

OPINION

America's new age of empire dawns

Oped, Joseph E Stiglitz, Published on 13/01/2026

» US President Donald Trump has drawn a wave of criticism for his actions in Venezuela, violations of international law, disdain for longstanding norms, and threats against other countries -- not least allies like Denmark and Canada. Around the world, there is a palpable sense of uncertainty and foreboding. But it should already be obvious that things will not end well, neither for the United States nor the rest of the world.

OPINION

What if you take away the slingshot?

Oped, Sally Tyler, Published on 05/01/2026

» The latest ceasefire in the border conflict between Thailand and Cambodia is welcome news and hopefully signals an end to the displacement of thousands and tragic loss of life on both sides. The release of 18 Cambodian prisoners is an indication that the parties are delving more deeply into the process to resolve the conflict.