Erdogan Has Hidden an Economic Disaster Deep in Turkish Banks
And he won’t be able to keep the game going for much longer.
As the Global Economy Melts Down, Human Trafficking Is Booming
Desperate families face risky job offers, dubious loans, and online predators.
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.
As Pandemic Rages, the United States Slashes an Economic Lifeline
Lockdowns and outbreaks have hit the poor hard—and governments worldwide are struggling.
Taiwan Shows How to Carefully Snip Chinese Economic Ties
Facing a hostile Beijing, Taipei has been decoupling from its biggest trade partner.
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.
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.
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.
The Dictator-Run Bank That Tells the Story of America’s Foreign Corruption
BCCI was a kleptocratic institution whose influence reached the White House—and a model for today’s global crooks.
Will the Coronavirus Fuel Conflict?
Projections based on economic and development data show an increased risk of internal violence in fragile states driven by rising prices and falling incomes.
To Fight Inequality, the United States Needs an FDR. Can Biden Deliver?
The COVID-19 crisis could lead to a modern-day New Deal—but only if Democrats have the courage to replace failed economic policies with radical reforms.
This Is What the Future of Globalization Will Look Like
The pandemic proved, once and for all, that the world can’t be flat. But global trade can recover—if we rewrite the rules.
Crises Only Sometimes Lead to Change. Here’s Why.
The coronavirus pandemic won’t automatically lead to reforms. Great upheavals only bring systemic change when reformers have a plan—and the power to implement it.
Latin America’s Wave of Protests Was Historic—Then the Pandemic Arrived
The coronavirus and lockdowns have worsened the region’s economic divides—and set the stage for more political upheaval.
How Europe Fell Out of Love With China
EU officials speak increasingly of Beijing as a rival, not a partner. But unlike Trump, they don’t yet want a divorce.
The East Fails Iran
Tehran pinned its economic hopes on China, India, Japan, and South Korea. But those countries have largely left the country to ruin.
India Is Paying the Price for Neglecting its Neighbors
Narendra Modi came to power promising to prioritize relations with countries such as Bangladesh, Nepal, and Sri Lanka. China is taking advantage of his failure to do so.
The Great Pause Was an Economic Revolution
Governments stopped the world in its tracks during the pandemic—and our relationship to the economy will never be the same again.
Germany Is Finally Ready to Spend
In the long run, the COVID-19 pandemic may change Europe’s economy for the better.