Economics

On August 8, a historic summit took place in Washington, D.C., with the participation of the President of Azerbaijan, Ilham Aliyev, the President of the United States, Donald Trump, and the Prime Minister of Armenia, Nikol Pashinyan, attracting global attention. In the U.S. capital, Aliyev, Pashinyan, and Trump …

The confluence of two accelerating trends augurs poorly for critical mineral-rich economies in the Global South: the rise of economic nationalism in advanced economies and the return of territorial conquest as a normalized—if not yet fully legitimized—tool of statecraft. The United States and the European Union are aggressively …

A new “Great Game” is unfolding in the Caucasus and Central Asia, echoing the nineteenth-century rivalry between empires, with a modern, multipolar twist. The term “Great Game” refers to the nineteenth-century strategic rivalry between the British and Russian Empires over influence in Central Asia, particularly in Afghanistan, Persia, …

Semiconductor firms have a lot to learn from America’s banks; investing in compliance is the price of entry in a critical industry. Earlier this week, the Trump administration narrowed export controls on advanced semiconductors ahead of US-China trade negotiations. The administration is increasingly relying on export licenses to …

Robert Ellis Europe needs Turkey to shore up its defense. But is Ankara committed to European security? The European Union is caught between a rock and a hard place. On the one hand, it faces an onslaught from Vladimir Putin’s Russia, which is determined to overturn the rules-based …

John Calabrese The recent Israel-Iran crisis could catalyze an expanded role for the Gulf states in maintaining regional security. The June eruption of hostilities between Israel and Iran once again exposed the Gulf Cooperation Council (GCC) countries to the acute dangers of regional instability. Yet it also raises …

Washington must clarify what it actually wants from New Delhi in order to secure a mutually beneficial trade agreement. President Trump has imposed a 25 percent tariff on India, prompted by the failure to conclude a trade deal before the reciprocal tariff deadline of August 1. In a …

Rahul Pandey June 1, Operation Spider’s Web can be considered a watershed moment in the Russia–Ukraine war but cannot be understood as a watershed alone without comparing it with other recent events such as Israel’s Pager attacks against Hezbollah in Lebanon and Syria in September 2024. The question …

Yi Wang In 2025, China and the European Union mark the 50th anniversary of the establishment of diplomatic relations. According to public information, the EU-China Summit is scheduled to take place in Beijing in late July. Whether the summit can yield substantive outcomes is a matter of great …