The Great Supply-Chain Massacre

It is unclear whether current widespread product shortages are merely a temporary disruption or evidence of a global production meltdown. But today’s supply shocks offer striking parallels with the 2008 global financial crisis, and may require a similarly bold policy response. Read More Here

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Taliban Announces New Government In Afghanistan

The Taliban has appointed Mohammad Hasan Akhund, a close aide to the group’s late founder Mullah Omar, as head of Afghanistan’s new caretaker government, weeks after it took control of the country in a rapid offensive. The list of cabinet members announced by chief spokesman Zabihullah Mujahid was dominated by members of the group’s old guard, with no women […]

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Sri Lanka’s Simmering Twin Crises

Growing tension with India and the West has further pushed Sri Lanka into China’s embrace. Gotabaya Rajapaksa’s government increasingly sees a friend in China who can bring much needed foreign exchange to Colombo. Since the pandemic struck in 2020, Beijing has provided crucial and timely economic and health aid support. China provided over US $2 billion […]

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Xi’s Prosperity Gospel

For members of China’s red aristocracy, the problem isn’t billionaires—it’s billionaires they’re not related to. The new rich of the 1980s onward often scrabbled to build connections to powerful families, like the relatives of Gen. Ye Jianying, for exactly this reason. Read More Here

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