Economics

Chinese plane maker tripling production capacity to seize Boeing’s local market share despite the looming threat of US sanctions. The Commercial Aircraft Corporation of China, better known as Comac, plans to triple its production capacity to meet rising domestic demand for passenger jets, an expansion that coincides with …

European elections have sent shockwaves through the continent, revealing significant shifts in political landscapes and signaling potential changes in geopolitical dynamics. The results have been particularly tumultuous for French President Emmanuel Macron and the Green parties across Europe, notably in Germany. The elections proved especially disastrous for Macron …

Considering the upcoming U.S. presidential election and recent upheavals in Israeli politics, a more patient strategy toward a grand bargain has a better chance of working than seeking to close the deal as soon as possible. Amid the horrors of the war in Gaza, a better future awaits the …

Claudia Sheinbaum is poised to become Mexico’s first female president on 1 October. Her Morena three-party coalition swept to victory with a decisive 30-point lead over her main opponent Xochitl Galvez. In addition to the presidency, her coalition is projected to win seven of the nine governorships in …

Italy’s Prime Minister Giorgia Meloni epitomizes modern European right-wing populism. We present some pivotal facts about the country she leads. If one looks at GDP figures, Italy’s economy has recovered well from the pandemic, expanding by 0.9% in 2023 and 0.6% in the first quarter of 2024. As …

Biden’s tariffs on Chinese goods will inadvertently undermine U.S. strategic interests in the Indo-Pacific. The Biden administration’s expansion of tariff rates on Chinese manufactured goods risks undermining the “free and open Indo-Pacific” that he pledged to defend. By applying tax rates of up to 100 percent on Chinese …

As Biden and Trump compete over who can raise tariffs on China the most to win blue-collar votes, both ignore the disadvantages of protectionism and “derisking” from China. Specifically, the United States risks global leadership, economic growth, and progress against climate change as it turns away from China …

With a $1.5 trillion deficit this year, $35 trillion in overall debt, and $1 trillion in interest payments this year, if the U.S. dollar is no longer the primary global reserve currency and there is suddenly a true rival to the U.S. currency, then the entire American financial system …

Eng. Saleem Al Batayneh American author Helen Keller once said that the only thing worse than being blind is having sight without seeing. This sentiment rings true when examining the economic realities facing Jordanians today. The famous phrase “the law is an ass” is often attributed to literary …