Finance

Saudi Crown Prince Mohammad Bin Salman and the landscape near the planned city of Neom.
 (Foreign Policy illustration/Fayez Nureldine/AFP/Getty Images/NEOM)

Saudi Arabia Is Betting Its Future on a Desert Megacity

Can Crown Prince Mohammed bin Salman’s ambitious plans jumpstart social and economic reform, or are they an expensive miscalculation?

The sign and logo of Wanda Group, a Chinese multinational conglomerate corporation and FIFA partner, on Oct. 13, 2016 at FIFA headquarters in Zurich. (Fabrice Coffrini/AFP/Getty Images)

It’s No Accident That China’s Tycoons Are Bad Investors

The first priority for wealthy Chinese has been to move as much money abroad as possible. If Beijing has its way, that won't be an option anymore.

WASHINGTON, DC - OCTOBER 22: Pakistani Prime Minister Nawaz Sharif arrives at the White House October 22, 2015 in Washington, DC. The Prime Minister participated in a bi-lateral meeting with President Barack Obama in the Oval Office. (Photo by Mark Wilson/Getty Images)

The Downfall of Nawaz Sharif and the Triumph of Stupidity

Pakistan’s democracy is stronger with the removal of the prime minister on corruption charges. But the primacy of the armed forces remains intact.

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China’s Seen Globally As Gaining Ground on United States

The world is souring on the U.S. and Trump and taking a shine to China despite all its struggles.

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As America Retreats, the World Moves Forward on Trade

American companies might not feel it yet, but they’re already falling behind their foreign competitors.

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Japanese Retail Giant to Stop Selling Ivory

But without a significant turnaround, elephants could be on their way to extinction.

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China Opens Its Bond Market To International Investors

Wall Street has long wanted to invest in Chinese debt.

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Islamic State Revenues Down 80 Percent from 2015

A new report says the caliphate’s days are numbered.

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The Lights Are on at the Committee on Foreign Investment in the United States, but Nobody Is Home

The committee charged with protecting national security from risky foreign investments is understaffed and besieged by a surge in cases.

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Two Japanese Banks Bail on London Ahead of Brexit

The exodus from the City is starting to look like a stampede.

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Europe, Once Again, Kicks a Long-Term Solution to Greek Debt Down the Road

Everyone says Athens needs debt relief. But Germany won’t give it.

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Trump’s Trade Restrictions Could Miss China and Slam Everybody Else

As a national security probe into steel and aluminum imports finishes up, a new analysis warns restrictions could hamstring U.S. allies more than Beijing.

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House Republicans Quietly Gut Dodd-Frank Protections

But the bill that made it through the House isn’t likely to survive in the Senate.

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A Relieved Wall Street Touches Record High After Comey Testimony

The Dow tickled all-time highs as the former FBI chief wrapped up his testimony.

View inside a looted supermarket in Capacho, Tachira state, Venezuela, on May 17, 2017. 
Venezuela's government said Wednesday it was sending troops to a western region rocked by looting and attacks against security installations during a wave of anti-government protests. / AFP PHOTO / George Castellanos        (Photo credit should read GEORGE CASTELLANOS/AFP/Getty Images)

Venezuela’s Road to Disaster Is Littered With Chinese Cash

Politicized loans left the socialist South American country trapped under a mountain of Chinese debt — but now others want to sign up for Beijing's "generosity."

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Global Thinkers 2015 Issue Cover