Get Ready For $150 A Barrel Oil Soon
In the wake of the COVID-19 pandemic and Russia’s invasion of Ukraine, the world faces a historic energy crunch. Read More Here
In the wake of the COVID-19 pandemic and Russia’s invasion of Ukraine, the world faces a historic energy crunch. Read More Here
Russia’s invasion of Ukraine—and the responses of the United States and China—has generated the first great-power crisis in decades. Read More Here
The president is clearly hoping that if he shakes hands with the crown prince and the Saudis agree to pump more oil, Americans will not be paying between $5 and $7 for a gallon of gas for very much longer. Read More Here
Global growth is expected to slump from 5.7 percent in 2021 to 2.9 percent in 2022— significantly lower than 4.1 percent that was anticipated in January. It is expected to hover around that pace over 2023-24, as the war in Ukraine disrupts activity, investment, and trade in the near term, pent-up demand fades, and fiscal […]
The most recent change on the supply side of the global oil market has involved Saudi Arabia suddenly and dramatically regaining its swing-producer role. But, in view of growing hostility toward fossil fuels, this development is unlikely to alter the market’s longer-term dynamics. Read More Here
Newly-installed Australian Prime Minister Anthony Albanese has wasted little time in visiting Indonesia, his arrival coinciding with two incidents in the South China Sea that ensured China’s growing geopolitical ambitions remain high on the agendas of both countries. Read More Here
Technological innovation is one of the main fields of US–China competition. Competition in the semiconductor industry is a significant point of tension where the continued interference of US bureaucracies in the industry is a source of contention between the superpowers. Read More Here
Indian commentators have framed over-reliance on U.S. technology as a strategic risk: What’s to stop Big Tech from pulling the plug on India if a crisis pits Washington against New Delhi? Read More Here
Though drops in the Japanese yen and Chinese yuan are getting the global headlines, the all-time lows set by the Indian rupee may be the most troubling currency stumble of them all. Read More Here
Where leaders once turned to sages and pols for such wisdom, they now turn to the guild of economists. The most powerful states in the world are accustomed to outsourcing the management of their crucial macroeconomic decisions to committees of central bankers. Read More Here