The exact experience of the UK crisis will probably not be repeated elsewhere, but financial stress and crises are the norm when monetary
Crime, not the economy, may be the critical swing factor in the upcoming mid-term elections.
Many are calling the upcoming UN climate change conference in Egypt “Africa’s COP.” But Africans prefer to see it instead as “the
In the short term, Western countries seeking to counter the Kingdom’s swing-producer power could release additional strategic reserves
Stocks and bonds will not find a sustainable bottom until investors are confident that market prices fully discount the degree to which central
The World Bank should be a major vehicle for crisis response, post-conflict reconstruction, and, most importantly, for supporting the huge
The severity of the global downturn is compounded by policy error. Avoiding a deeper slump will require a course correction.
Financial markets have become accustomed to central bank liquidity. Weaning them off won’t be easy.
Don’t be fooled by mixed signals. The world economy is slowing down and recessions are arriving.
The Great Moderation has given way to the Great Stagflation, which will be characterized by instability and a confluence of slow-motion negative
One can debate whether there is still a narrow path by which the United States could avoid both secular stagnation and stagflation in the
Climate change poses an existential threat to humanity, but the US defense apparatus has not treated it accordingly, because it does not fit
In American sports, the final quarter is often when the game is decided. Investors hope Q4 will salvage an awful year — they may be disappointed.
The world’s largest and most well-established powers are all stuck in traps created by their own historical obsessions – be it memories
The end of the pandemic may be in sight, but COVID-19 could be a harbinger of future calamities. If global leaders do not establish equitable
The economic and financial market outcomes now unfolding will be unpleasant, but they are not likely to be cataclysmic.
Water-related crises around the world have shown that current systems of governance and economic organization are unsuited for a world altered
China learned from Russia’s post-1991 experience and pursued its economic liberalization with more care. But it ultimately could not avoid
While the pound’s recent declines may evoke memories of the 1992 “Black Wednesday” crisis, sterling’s weakness does not
Environmental, social, and governance investing is fundamentally about finding new ways to manage risk.
Since World War II, Britain’s influence in the world has relied on its “special relationship” with the United States, its position as
Advanced economies have long relied principally on developing countries for primary commodities and natural resources to fuel their industries
It is premature to conclude that weak profits will force equity valuations down significantly.
Many companies are promising to align their objectives – including how they measure their performance – with broader imperatives relating