Economics

biden-nixon-70s-inflation-economy-foreign-policy-illustration2

Are We in a Rerun of ‘That ’70s Show’?

Some economists warn inflation is a ticking time bomb.

A boy holds a Djiboutian national flag in front of a Chinese national flag at the launching ceremony of new housing construction project in Djibouti on July 4, 2018.

To Win Friends and Influence People, America Should Learn From the CCP

Beijing’s development projects are flashy, fast, and relevant. Why aren’t Washington’s?

A security guard walks through the headquarters of the International Monetary Fund in Washington on April 5.

The World Bank Is Missing U.S. Leadership

Biden’s sacking of Trump appointees at international financial institutions has left a vacuum.

U.S. Secretary of State meets with Egyptian president.

It’s Time for Biden to Get Tough on Sisi

Washington should refuse a security waiver and block $300 million in military assistance to Egypt until Cairo cleans up its act on human rights.

A container ship sails on the Mediterranean Sea during a thunderstorm about 20 nautical miles from Malta on Sept. 24, 2017.

Free Trade Is Dead. Risky ‘Managed Trade’ Is Here.

The old trade order has gone out the window at breathtaking speed. What comes next is very slippery.

Ben and Jerry’s announces new flavor.

Israel Goes to War Again, This Time Against Ben & Jerry’s

Israeli leaders press for legal measures after the ice cream company announced it would halt sales in Jewish settlements.

Saad Hariri outside the Lebanon Tribunal on August 18, 2020 in The Hague, Netherlands.

No Prime Minister—and No More Hope—for Lebanon

The resignation of Saad Hariri is forcing the country to reckon with just how bad things have gotten.

A shepherd shows where she sheltered ultramarathoners in China's Gansu province.

China’s Ultramarathon Tragedy Was a Fad Gone Bad

Inexperienced companies rushing into badly regulated new sectors is a recipe for disaster.

Pedro Castillo arrives for a press conference.

Peru’s Democracy Is at a Breaking Point

Pedro Castillo, who takes office this month, will likely face a renewed governability crisis as president.

Performers dressed as soldiers dance in front of a screen showing rockets being launched during a mass gala marking the 100th anniversary of the Communist Party on June 28 at the Olympic Bird's Nest stadium in Beijing, China.

Does Beijing’s Belligerent Birthday Party Herald a New Arms Race?

The Chinese Communist Party’s anniversary celebration is taking place amid a nuclear buildup.

Linda Thomas-Greenfield, the U.S. ambassador to the United Nations, speaks to the press at the U.N. headquarters in New York on March 1.

Russia Thwarts U.S. Bid to Expand Syrian Aid Corridors

But the rival powers strike a compromise that prevents catastrophic shut-off of lifesaving aid to Syrians.

The television studio at the White House minutes before U.S. President Richard Nixon’s Aug. 15, 1971, address.

‘Biden Has a Much Tougher Job Than Nixon Did’

The author of a new book about Richard Nixon’s transformation of the global economy 50 years ago sees parallels to today—only conditions are worse.

U.S. Vice President Kamala Harris speaks as Guatemalan President Alejandro Giammattei looks on during a press conference at the Palacio Nacional de la Cultura in Guatemala City on June 7.

Biden’s Dangerous Corruption Obsession

Rooting out graft may be good politics at home, but it won’t fix Latin America’s socioeconomic woes.

A Russian armored personnel carrier in the Central African Republic

Russia’s Wagner Group Doesn’t Actually Exist

And that makes it all the more challenging to get to grips with.

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