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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 also takes a highly secretive approach to its massive dam projects on international rivers flowing to other countries from
At the time, hunger levels had been trending lower for more than two decades, largely thanks to rising agricultural productivity
To avoid civil unrest, the International Monetary Fund advocates a gradual phase-out of fuel subsidies coupled with targeted measures to
This includes implementing cash transfers and food-for-work programs, as well as prioritizing investments in the most vulnerable communities. Our ability
And at the end of April, more than 100 central bankers and regulators convened in Singapore to explore ways to
Russia has a long history of rule by criminals. Channeling French anarchist Pierre-Joseph Proudhon’s famous dictum “property is theft,” the
But I know that ordinary Russians – having endured decades of despotism and having now lost 100,000 or more of
OXFORD – The turmoil in Russia unleashed by Yevgeny Prigozhin’s Wagner Group has drawn rapt attention in capitals throughout the world, but
Likewise, the US ban on exporting advanced microchips to China – a similar form of economic coercion – is unlikely to guarantee