China’s economy begins 2018 facing what its own leaders call three years of “critical battles.” Those fights to tackle domestic debt, poverty and pollution pose a hat-trick of risks to the world’s No. 2 economy even before higher interest rates and trade war threats from the U.S. are taken into account. While the nation is starting […]
Populist movements have been on the rise for at least two decades, but anxiety about the phenomenon reached its high point a year ago. That should be no surprise. 2016 was the year in which populism went primetime: Over the course of a few disorienting months, the people of Britain voted to leave the European […]
Donald Trump’s first year in office seems to have been marked, above all, by his verbal incontinence. America’s tweeter-in-chief kept several continents rapt with his early-morning offerings. In his lack of inhibition and tact, Trump is the opposite of Barack Obama. At the same time, Obama’s decorum managed to conceal many unpleasant realities, which we would […]
Like much else about Pakistan, it’s often infuriatingly difficult to determine whether or not its economy is on the brink of disaster. This week, as the Pakistani rupee lost 5 percent of its value in just three days, it looked like trouble was brewing. And sure, this might be a sign of the economy slipping […]
President Xi Jinping’s key economic adviser Liu He is likely to be promoted to vice-premier in March, as Xi assembles a new team to steer the world’s second largest economy over the next five years, according to sources with knowledge of the arrangement. Read Here – South China Morning Post
Addressing the legacies of Nepal’s past won’t be easy with the massive challenges that lie ahead: deep-seated political rivalries; ethnic, class, and regional divisions; and a lack of justice for victims of war crimes. But attempting to simply move forward won’t make them go away; it will ensure that they bring greater problems down the […]
It’s impossible to know what the coming year holds for the European Union. But one thing is certain: The bloc’s leaders will spend much of the next 12 months wrestling with its future. That’s why Christian Lindner tops our list of the 28 people who will shape Europe in 2018. The pugnacious liberal leader occupies a key place […]
Indeed, the drug trade is a crucial part of Afghanistan’s economy, both in regions that the Afghan government controls and in Taliban-dominated regions. The Kabul government estimates that at least three million farmers make their living from that crop. In a desperately poor country, such income is often the difference between a decent lifestyle and destitution. U.S. […]
The climate change talks in Bonn have now wrapped up with little firm action. Next year they move to Poland. But whatever is discussed or agreed in European cities over the coming years, the answers to climate change will not come from the west (beyond a few technological tweaks), but Asia. Read Here – The Guardian
The world economy is enjoying a synchronised recovery. But it will prove unsustainable if investment does not pick up, especially in high-income economies. Debt mountains also threaten the recovery’s sustainability, as the OECD, the Paris-based group of mostly rich nations, argues in its latest Economic Outlook. This report is the swansong of Catherine Mann, who […]
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