Economics

Pressured by farmers and others affected by cheaper imports, the Smoot-Hawley Act was passed in 1930. It imposed tariffs on imports and caused a reciprocal effect in affected countries which imposed their own tariffs.  So what happened? If we think for a second. . . tariffs will increase the …

The global economic landscape is undergoing a profound transformation, driven by evolving trade dynamics, technological cooperation, and the surging sustainable industries sector. As China deepens its economic ties with the European Union (EU), expanding global technological collaboration, and strengthens its role in clean energy markets—including electric vehicles (EVs), …

Trump’s announcement that ‘[h]e who saves his country does not violate any law’ signals a new lawless order The aftermath after a recent Israeli bombardment of Gaza. Image: Twitter Screengrab That international law would be damaged beyond repair, in particular with reference to the Ukraine and Gaza conflicts, …

Trump should know mediating a Russia-Ukraine peace deal isn’t remotely similar to striking New York real-estate deals Donald Trump and Vladimir Putin before the Ukraine war. Image: X Screengrab The White House says Russia and Ukraine have agreed to a ceasefire in the Black Sea, with Ukrainian President …

Arms, energy, Iran, Ukraine peacekeepers and tri-multipolarity all likely on the table when Putin heads to Delhi Indian Prime Minister Narendra Modi shakes hands with Russian President Vladimir Putin during a meeting on the sidelines of the 11th BRICS Summit in Brasilia, Brazil, on November 13, 2019. Photo: …

The character of warfare has changed over millennia, but it has always remained a fundamentally human endeavor. What will happen when artificial intelligence commands it? The Department of the Air Force (DAF) believes the nature of war—not just its outward, superficial character—is about to metamorphose beyond recognition. The …

Oil-backed trade is helping African nations bypass financial constraints and sustain their economies by exchanging crude for refined fuels and services. The foundations of trade were built not on profit margins but on survival. Today, as global financial systems become increasingly fragmented and trade barriers are thrown up, …

Trump’s approach to global affairs diverges sharply from the American establishment’s traditional strategy. Trump does not see America as a “police state.” He is sceptical of NATO, does not support war with Russia, and believes the US military presence in West Asia primarily serves to protect Arab allies. …

From ancient conquests of land, agricultural products, and trade routes to modern geopolitical struggles for natural gas, oil, and minerals, the control over resources has shaped global politics and foreign policy dimensions. It is desire for resources that triggers political interests. Control over the natural resources has been …