An Economic Showdown Brews In The Gulf

Saudi Arabia is laying the foundations for another Gulf crisis – this time provoking its ally, the United Arab Emirates. Just weeks after patching up a years-long dispute with Qatar, the kingdom has announced a new plan to require all foreign businesses to have a regional headquarters in Saudi Arabia, or risk getting locked out of contracts […]

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China’s Pakistan Investments A Double-Edged Sword

As rising Chinese investment promises to boost Pakistan’s ailing economy in an hour of need, there are concurrent nationalistic concerns expressed by local businesses and groups that Chinese investors are cornering key local industries, state assets and businesses to the detriment of Pakistani players and interests. Read Here | Asia Times

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UAE Deal Puts Israel’s Economic Reach On Iran’s Doorstep

Israel’s landmark deal with the UAE to normalise ties could see businesses from the Jewish state operating on arch-rival Iran’s doorstep, but are unlikely to disturb Emirati economic ties to Iran. It could also pave the way for direct economic engagement between Israeli and UAE-based Iranian business people that would reap benefits from politics, experts […]

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India Is Facing Twin Economic And Political Crises

India has now come to a watershed. Its powerful government can either focus its efforts on reinvigorating the economy or it can proceed with a transformation of an imperfect liberal democracy into something very different. It is easy to understand the appeal of this dangerous project. But we must hope that Mr Modi will listen, […]

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When China Sneezes

The COVID-19 outbreak has hit at a time of much greater economic vulnerability than in 2003, during the SARS outbreak, and China’s share of world output has more than doubled since then. With other major economies already struggling, the risk of outright global recession in the first half of 2020 seems like a distinct possibility. […]

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Brexit Is Just The Beginning

The British government still needs to negotiate the terms of its future relations with the EU, a task so complex that many doubt it can be completed by the end of the year, when another ominous deadline looms. In the meantime, the country will be stuck in EU purgatory, bound by the bloc’s laws and […]

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A Global Economy Without A Cushion

From 1990 to 2008, annual growth in world trade was fully 82% faster than world GDP growth. Now, however, reflecting the unusually sharp post-crisis slowdown in global trade growth, this cushion has shrunk dramatically, to just 13% over the 2010-19 period, leaving the world economy more vulnerable to all-too-frequent shocks. Read Here – Project Syndicate

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It’s time to Regulate ‘The Greatest Propaganda Machine In History’ — Social Media

Zuckerberg at Facebook, Sundar Pichai at Google, at its parent company Alphabet, Larry Page and Sergey Brin, Brin’s ex-sister-in-law, Susan Wojcicki at YouTube and Jack Dorsey at Twitter. The Silicon Six — all billionaires, all Americans — who care more about boosting their share price than about protecting democracy. This is ideological imperialism — six […]

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