Economics

Chinese President Xi Jinping shakes hands with Indian Prime Minister Narendra Modi at the G20 Summit on September 4th, 2016, in Hangzhou, China.

India Doesn’t Want to Be a Pawn in a U.S.-China Great Game

Beijing’s belligerence is driving New Delhi closer toward Washington—but with strings attached.

An aerial view of Marathon Petroleum's refinery in Carson, California, on April 22.

How Biden Could Use Trump’s Trade War Thumbscrews to Fight Climate Change

Fortunately for supporters of aggressive action on global emissions, Trump has demonstrated a highly effective way to circumvent the legislative process.

A woman waits to cross a street in New Delhi on Aug. 1.

The COVID-19 Economic Crash Could Set Indian Women Back Decades

They’ve been disproportionately affected by job losses, and now new jobs may first go to men.

A man walks through the U.S. Capitol Rotunda

The U.S. Is a Haven for Money Laundering. That Might Be About to Change.

Tucked into the sprawling defense authorization bill are measures to create a corporate ownership registry, which would plug one of America’s glaring gaps.

U.S. Senate Majority Leader Mitch McConnell is swarmed by reporters as he leaves the Senate floor on July 30 in Washington. Republicans and Democrats in the Senate remain in a stalemate as the the $600-per-week federal unemployment benefit is set to expire on Friday.

As Pandemic Rages, the United States Slashes an Economic Lifeline

Lockdowns and outbreaks have hit the poor hard—and governments worldwide are struggling.

A livestock market in Hargeisa, Somaliland, on Aug. 18, 2018.

Why a Quiet Hajj Is Hurting Somalia

Somalia usually sells millions of animals to Saudi Arabia to feed pilgrims. This year, it has nowhere to send its goats.

A homeless man panhandles along a street in Lawrence, Massachusetts, on Aug. 16.

To Avoid a Coronavirus Depression, the U.S. Can’t Afford to Alienate the World

America needs a cooperative global economy to dig itself out of the downturn. That will require deft economic diplomacy, not bluster and bullying.

A view of the Airbus A380 assembly site in Blagnac, southern France, on March 21, 2018.

Trump Is Escalating the Trade Fight With Europe—and There’s No Easy Way Out

Not even a Biden victory would heal the wounds in the U.S.-EU relationship.

Taiwanese President Tsai Ing-wen

Taiwan Shows How to Carefully Snip Chinese Economic Ties

Facing a hostile Beijing, Taipei has been decoupling from its biggest trade partner.

Freight trucks arrive at the Port of Dover before departing by cross-channel ferry in Dover on the south coast of England on July 12.

How to Deglobalize

In the midst of the COVID-19 pandemic, politicians are calling for a rethinking of global supply chains. If they are serious, they’ll need to proceed carefully.

U.S. Secretary of State Mike Pompeo

Pompeo’s Strategy Depends on Beijing’s Own Paranoia

The U.S. secretary of state is raising the temperature with China to force decoupling.

A woman waits outside a U.S. remittance collection agency in San Isidro, El Salvador, on June 10.

It Is Too Late to Save These Victims of the Pandemic

The COVID-19 catastrophe is shrinking remittances from the United States and creating a looming humanitarian disaster.

Lebanese riot police guard a bank in Beirut on April 28.

The United States Is Pushing Lebanon Further Into Iran’s Embrace

The Lebanese economy is collapsing, and the risk of conflict is rising—but Washington has failed to grasp why Iranian influence is spreading or the measures needed to stop it.

French Finance Minister Emmanuel Macron gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, on Jan 22, 2016.

The Pandemic Could Be the Crisis Liberalism Needed

The future has rarely seemed bleaker for free-market democracy—but small changes can bring it roaring back.

Air passengers wearing protective suits walk out of the arrival lounge of Netaji Subhas Chandra Bose International Airport in Kolkata, India, on July 6.

Trapped on the Wrong Side of the India-China Border

From a pandemic to geopolitics, for families and businesspeople caught by border closings, things are going from bad to worse.

Load 10 More Articles