•      Thu Apr 24 2025
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The Real Cost of De-Dollarization

NEW YORK – At the end of World War II, the United States accounted for more than half the world’s economic output and gold reserves. The United Kingdom was effectively bankrupt, with the remnants of the sterling area bound together by capital and trade controls. Once the British pound became

China’s Dangerous Secrets

China also takes a highly secretive approach to its massive dam projects on international rivers flowing to other countries from

Achieving Zero Hunger Is Still Possible

At the time, hunger levels had been trending lower for more than two decades, largely thanks to rising agricultural productivity

How to Scrap Fuel Subsidies

To avoid civil unrest, the International Monetary Fund advocates a gradual phase-out of fuel subsidies coupled with targeted measures to

‘Our agri-food systems operate under a perpetual cloud of risk…

This includes implementing cash transfers and food-for-work programs, as well as prioritizing investments in the most vulnerable communities. Our ability

Is the Net-Zero Transition Endangering the Asian Century?

And at the end of April, more than 100 central bankers and regulators convened in Singapore to explore ways to

The Kremlin’s Mobster Code

Russia has a long history of rule by criminals. Channeling French anarchist Pierre-Joseph Proudhon’s famous dictum “property is theft,” the

What Ukraine Brings to NATO

But I know that ordinary Russians – having endured decades of despotism and having now lost 100,000 or more of

The Return of the Warlords

OXFORD – The turmoil in Russia unleashed by Yevgeny Prigozhin’s Wagner Group has drawn rapt attention in capitals throughout the world, but

To De-Escalate US-China Tensions, Decouple Differently

Likewise, the US ban on exporting advanced microchips to China – a similar form of economic coercion – is unlikely to guarantee