The Geopolitical Recession

This year marks the most volatile political risk environment in the postwar period, at least as important to global markets as the economic recession of 2008. It needn’t develop into a geopolitical depression that triggers major interstate military conflict and/or the breakdown of major central government institutions. But such an outcome is now thinkable, a tail […]

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Kissinger’s Washington Is Coming Back Around

Let’s take a moment to savor what looks to be Henry Kissinger’s final act. The man is 93 years old. At that age, most people are lucky to have enough energy for “Wheel of Fortune” and a few Facebook posts. Not Kissinger. These days, he’s playing the influence game against insiders who hadn’t even been […]

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General Bajwa’s Battle

“Every Army chief has had his own legacy or way of doing things,” says Saad, who is a barrister in Islamabad, “our father believes in the supremacy of the Constitution. He always says he wants the Pakistan [that the] Quaid-e-Azam envisioned, a Pakistan where institutions are more important than individuals.” Read Here – Newsweek

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Nine Economic Lessons From 2016

Had there been no financial crisis in 2007/08 with all the consequences that came with it, the economic outcomes—and, therefore, political history—of the last eight years would have been markedly different. We can talk about globalisation and income inequality until we are blue in the face, but these issues alone don’t explain what’s happening, and […]

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Markets Are Going To Roil Next Year

The sheer range of known unknowns for 2017 — the outlook for China’s economy, the effect of populism on European politics, the scattergun policy-making of president-elect Donald Trump — makes a low level of uncertainty unlikely to persist. Read Here – BloombergView

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Five Myths About ‘One China’

President-elect Donald Trump sparked a brushfire of commentary a few days ago when he took a congratulatory phone call from Taiwan’s president, Tsai Ing-wen, known officially in her home country as “the president of the Republic of China.” Talking heads in the mainstream media chided Mr. Trump: Does he not know that the only “president of […]

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