Trump Lowers The Bar For A Deal With Iran

When President Donald Trump finally followed through on his threats and withdrew the U.S. from the Iran nuclear deal in 2018, it looked like he was after something far more ambitious. Shortly after the announcement, Secretary of State Mike Pompeo outlined 12 conditions for the U.S. to lift the sanctions  At the Group of Seven summit in France, […]

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How Long Will China’s Soaring Growth Last?

To present and future Chinese leaders, managing economic change while maintaining social stability is much more important than figuring out how to respond to the social media rumblings of a sitting US president. For an economy as much as an individual, too much of a good thing can be detrimental. In the run-up to the […]

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Why the New Autocrats Are Weaker Than They Look

It has been a good decade for dictatorship. The global influence of the world’s most powerful authoritarian countries, China and Russia, has grown rapidly. For the first time since the late nineteenth century, the cumulative GDP of autocracies now equals or exceeds that of Western liberal democracies. Read Here – Foreign Affairs

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The Anatomy Of The Coming Recession

Unlike the 2008 global financial crisis, which was mostly a large negative aggregate demand shock, the next recession is likely to be caused by permanent negative supply shocks from the Sino-American trade and technology war. And trying to undo the damage through never-ending monetary and fiscal stimulus will not be an option. Read Here – […]

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The Politics Of Russia’s Primorsky Krai

Primorsky Krai is the eastern most point of East Europe, so east at that point that it stops looking like Europe and starts looking like Asia. So far east, that one tour guide at the state museum of Primorsky Krai, described Vladivostok as the edge of the world, and if the flat earth theory held […]

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Brussels Eyes €100B Wealth Fund For ‘European Champions’

EU officials want to set up a €100 billion wealth fund to bolster “European champions” against American and Chinese business rivals like Google, Apple and Alibaba. The proposal for a so-called European Future Fund appears in an unusually radical raft of plans that European Commission officials want to put onto the agenda of their president-elect, Ursula […]

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The Biggest Winner Of the Japan-South Korea Dispute? China

South Korea’s decision to end an intelligence-sharing agreement with Japan, part of a widening rift between the two U.S. allies, has the Pentagon on edge — and not just because it arrives amid stalled efforts to persuade North Korea to denuclearize. “China is the biggest winner here,” said Rob Spalding, a former senior official on President Trump’s National Security […]

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