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Economics

Why America Cannot Remain a Global Power: The Choice Coming After 2027

Sana Khan This week, Washington faced a choice that it will face repeatedly until it finally makes it explicit. On Monday, the Trump administration demanded NATO increase defense spending. On Wednesday, Chinese military exercises around Taiwan escalated. On Friday, tensions spiked in the Middle East over Iranian oil …

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The Return of the Rivalry: Latin America in the New Great Power Contest

Until not so long ago Latin America had been considered a quiet region, located far from the world’s superpower main strategic confrontations, with sporadic but crucial moments that helped to shape the international order as we know it today. The Cuban Missile Crisis is the clearest example: it …

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NATO’s Credibility Crisis: When the Alliance Survives But the Guarantee Dies

National flags of NATO members flutter at the alliance’s headquarters in Brussels, Belgium April 2, 2025. REUTERS/Yves Herman/File Photo/File Photo Last Tuesday, Secretary of State Marco Rubio told European defense ministers that Article 5 the collective defense clause binding NATO together for 75 years was now conditional on …

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US-Iran War Losses Still Trail the 1979 Oil Shock in Total Economic Impact

The ongoing war in Iran has caused the largest oil supply shock in history, resulting in daily production losses that are unprecedented. However, the oil crisis linked to the 1979 Iranian Revolution remains the largest when considering total cumulative supply loss. This situation has drawn comparisons to past …

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The Return of Great-Power Spheres of Influence

Marta Rehnman After decades of a rule-based international order built on the principle ofnational sovereignty and territorial integrity and equal interactions based on  multilateralism, which emerged after two world wars driven by nationalist expansionism and imperial rivalries, a new era of geopolitics ruled by great powers who are …

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Bitcoin Price Prediction 2026: What the Cryptocurrency Market Is Really Telling Us

A representation of virtual cryptocurrency Bitcoin is placed on U.S. Dollar banknotes in this illustration taken November 28, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Ask ten traders where Bitcoin is headed and you’ll get ten different answers — and probably a few strong opinions shouted over each other. That’s the …

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The Race for Data: Syria’s Offshore Gas- The Strategic Importance of the Levant Basin in the Digital Conflict

Dr. Nessrine Mesto-Assaad With the emergence of the importance of Artificial Intelligence (AI) and the efforts of global capital and recently major countries to build hyperscale data centers around the world, natural gas has become a key fuel for powering data centers and enabling AI servers to process …

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JD Vance for president in 2028? It starts with MAGA voters — and Trump

Vance’s role as the Republican National Committee’s chief fundraiser has helped him get in front of another key constituency – donors – and made him the face of midterm campaigning. But Rubio has run for president once before, has a longer track record with donors and has more …

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Assessing the Global Impact of the U.S.-Iran Deal

Holger Schmieding In their framework agreement (to be signed on Friday), Iran and the United States have apparently left some key issues unresolved. Lots of open issues Examples seem to include the dilution or disposal of Iran’s highly enriched uranium, the Israel/Lebanon issue, some details of long-term sanctions …

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