Economics

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

Some economists warn inflation is a ticking time bomb.

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.

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?

Armed people gather around a fire to keep warm at a road block set up to prevent looters from reaching the community in Phoenix Township, North Durban, South Africa, on July 15.

Is South Africa’s Unrest an Insurrection?

President Cyril Ramaphosa believes the violence is politically motivated, but it looks more like an uprising of the poor and unemployed.

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.

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.

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.

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.

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.

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.

A driver uses the Didi app on his smartphone while driving along the street in Beijing.

What Didi Got Wrong

The ride-hailing app won the Chinese cab wars. Its next logical step turned out to be a huge mistake.

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.

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.

Belarusian leader Aleksandr Lukashenko speaks at a conference of the Union of Women in Minsk on Sept. 17, 2020.

The West Gets Serious With Lukashenko—but Not Serious Enough

New sanctions are already affecting the regime’s behavior. Let’s tighten them.

Tubes for the construction of the Nord Stream 2 pipeline are loaded onto a ship at the Sassnitz-Mukran port in northeastern Germany, on Dec. 12, 2019.

Why Is Ted Cruz Threatening Angela Merkel?

U.S. senators have threatened the Port of Sassnitz with “fatal measures,” but it’s worth asking what would happen if others acted the same way.

Syrian refugees recharge their mobile phones from an extension attached to the van of a nearby TV crew as they rest beside the highway on their way to the border between Turkey and Greece in Edirne, Turkey, on Sept. 17, 2015.

Cryptocurrency Isn’t All Bad

The blockchain holds the key to sustainable development for the world’s poorest people.

Protesters in Honduras hold banners.

Want to Counter Authoritarianism in Central America? Follow the Money.

The United States lacks reliable partners in the region. Here’s how to hold them accountable.

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