Economics

Angela Merkel and Joe Biden pose for photographers prior to their trilateral talks during the Munich Security Conference in Munich on Feb. 7, 2015.

Sanctions Won’t Stop Nord Stream 2. Diplomacy Will.

Quiet negotiations with Berlin can do what economic coercion can’t.

The French philosopher and writer Bernard-Henri Lévy in Paris on Nov. 24, 1986.

It’s Time to Take Bernard-Henri Lévy Seriously

A close reading of the philosophical career, and influence, of France’s most ridiculed public intellectual.

Christine Schraner Burgener arrives at Sittwe Airport in Myanmar’s Rakhine State.

The End of Quiet Diplomacy in Myanmar

The U.N. dials up the pressure campaign against Myanmar’s putschists.

Larry Summers receives applause from Microsoft co-founder and Chairman Bill Gates during commencement ceremonies at Harvard University on June 7, 2007.

The Death of Neoliberalism Is Greatly Exaggerated

The West’s economic orthodoxy of the past 40 years has been shaken by the pandemic—but the fight isn’t nearly over yet.

A sweeper cleans a deserted bus station after the provincial government suspended public transport during a lockdown in Peshawar, Pakistan, on April 3.

Pakistan’s Geoeconomic Delusions

The country says it wants to pivot from hard power to economic power, but its economy begs to differ.

A couple walks past a graffiti mural in Lebanon.

Nobody Knows What Lebanon’s Currency Is Worth Anymore

In Lebanon’s absurd economy, money’s value depends on whom you ask.

Supporters of the Hong Kong pro-democracy protesters in Sydney.

Australia Is Under Pressure to Implement Magnitsky-Style Laws

Both Washington and the Australian public want more sanctions on China.

A visitor uses a virtual reality headset during the “Laval Virtual” virtual reality, augmented reality, and 3D technology show in Laval, France, on April 6, 2018.

It Is Western Europe’s Turn for a Brain Drain

Knowledge-sector jobs are heading to Eastern Europe, and the consequences could remake the EU.

Paraguayan President Mario Abdo Benitez (C), flanked by his Foreign Minister Antonio Rivas (L), and Finance Minister Benigno Lopez, delivers a speech during the first Mercosur Summit held via video conference due to the COVID-19 at the Central Bank headquarters in Asuncion, on July 2, 2020.

Latin America’s COVID-19 Fiasco Is Also a Crisis of Regional Integration

A spat at Mercosur’s 30th birthday marked a low point for regional cooperation.

Protesters at a vigil in Myanmar.

Are U.S. and Chinese Interests Really Opposed in Iran and Myanmar?

Beijing is making moves to ensure regional dominance in Southeast Asia and oil supplies from the Middle East. It could be shooting itself in the foot.

An illustration combining images of Janet Yellen and Mario Draghi.

Janet Yellen and Mario Draghi Have One Last Job

The U.S. treasury secretary and the Italian prime minister have spent decades shaping this economy. But can they control what comes next?

A man and woman carry malnourished children at a camp for Syrians displaced by conflict.

U.S. Sanctions Are Killing Innocent Syrians

The Caesar Act isn’t hurting Assad; it’s harming civilians.

suez ever given ship stuck

Without Shipping, the Global Economy Sinks

The Suez Canal blockade is a reminder that sea freight still keeps the global economy running—and leaders and consumers ignore it at their peril.

Farmers and workers from the Shiromani Akali Dal party protest against agriculture reforms in Amritsar, India, on Oct. 1, 2020.

India’s Rich Farmers Are Holding Up Reforms Designed to Help the Poor

Don’t listen to the activists. Millions of Indian farmers will benefit from Modi’s new laws.

Young people march against climate change in Uganda.

A Green Africa Is the Key to a Greener World

The United States won’t be a global leader in climate change until it works with African nations.

Russian pipe-laying vessel near the Nord Stream 2 construction site.

Biden Must Follow the Law and Sanction Nord Stream Now

Why has the administration been so half-hearted on a malign Russian influence project?

The U.S. and Iranian flags are on stage.

How a U.S.-Iran Deal Helps Red States

Republican districts stand to benefit most from the economic windfall that a revived JCPOA would bring.

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