America Can’t Win The Drug War In Afghanistan

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. […]

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Fix The Roof While The Sun Is Shining On The Global Economy

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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China’s Crown Theorist

When, on October 25, 2017, seven men in black suits filed on stage in Beijing’s Great Hall of the People to announce themselves as members of the Chinese Communist Party (CCP)’s Politburo Standing Committee, only one face came as a surprise. It was that of Wang Huning, a longtime party ideologist and former professor of international […]

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Germany Seeks To Pick Up The Pieces

With coalition talks having collapsed, the country and the continent are now wondering what happens next. Blame is being heaped on the FDP, but the party could end up suffering mightily. Germany and Europe, meanwhile, are the biggest losers. Read Here – Der Spiegel  

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As Good As It Gets

For the first time since 2010, the world economy is outperforming most predictions, and we expect this strength to continue. Our global GDP forecast for 2018 is 4.0%, up from 3.7% in 2017 and meaningfully above consensus. The strength in global growth is broad-based across most advanced and emerging economies, says a Goldman Sachs report […]

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