The world is rapidly entering an era of “revenge”. Two main vectors converge: from the East and South. On the one hand, Asian powers – China, India, Russia – are striving to take a strong position in the World Order. On the other hand, a diverse group of …
Read More »Lagarde: Euro, dollar status should not be taken for granted
The United States and the euro zone should not take the international status of their currencies for granted as countries such as China and Russia seek to create their own systems, said Christine Lagarde, president of the European Central Bank. The dollar’s 80-year-old reign as the world’s reserve …
Read More »The U.S. Economy Is Headed for a “Hard Landing”
Desmond Lachman Unfortunately, in clinging to its backward-looking, data-dependent policy, the Fed shows no sign of changing policy course anytime soon. By so doing, the Fed risks setting us up for a harder economic landing than would be needed to contain inflation. John Maynard Keynes famously wrote, “When …
Read More »Erdogan is Here to Stay
The Turkish president has adopted a transactional policy with the West. Washington should respond in kind. Since the conclusion of Turkey’s presidential elections in May, much analysis has rightly focused on the implications of President Recep Tayyip Erdogan’s third term from both domestic and foreign policy perspectives. In …
Read More »Three Sahelian Interim Military Leaders Sign Security Pact
Kester Klomegah Burkina Faso, Mali and Niger have taken an admirable strategic step by signing a trilateral security pact in collective efforts to battle extremism and terrorism threats in the Sahel region. It is an opportunity, especially at this critical moment, to work relentlessly for peace and tranquillity, …
Read More »The Middle East’s dilemma in the US-China tech standoff
Jonathan Fenton Harvey As the United States and China continue to jostle for technological superiority, particularly in the semiconductor industry, Middle Eastern nations are finding themselves caught in the crossfire. The ongoing trade war, which has largely had an indirect impact on the Middle East up until now, …
Read More »China and Venezuela Deepening Cooperation
In a significant development that underscores the changing dynamics of global politics and economics, Chinese President Xi Jinping and Venezuelan counterpart Nicolas Maduro recently signed several bilateral cooperation agreements in Beijing, highlighting the changing dynamics of world politics and economics. China’s determination to participate in partnerships that promote …
Read More »Jordan’s Economic Challenges: Rethinking the IMF’s Role
Eng. Saleem Al-Batayneh In the complex world of international economics, nations often turn to international institutions like the International Monetary Fund (IMF) and the World Bank for guidance and financial support during times of economic turmoil. These institutions present themselves as purveyors of structural economic reform, promising to …
Read More »The Dominance of Banks and Corporations in Jordan’s Economic Landscape
Eng. Saleem Al-Batayneh Historically, sound economic management has been a catalyst for societal progress, prosperity, and growth. The judicious management of a nation’s resources not only bolsters its financial standing but also provides the necessary means to invest in crucial sectors such as education, healthcare, transportation, infrastructure, and …
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