Economics

Staikou Dimitra  The recent visit of an Indian government delegation to Washington on July 11 marks a pivotal chapter in the evolving economic and strategic partnership between the United States and India. At stake is not just a bilateral trade agreement (BTA), but the broader realignment of global …

Ryan O’Connell Donald Trump is not afraid of bankruptcy. During his checkered business career, he often took on too much debt, and six of his companies went bankrupt. Now, with the enormous tax cuts for the ultra-rich in his One Big Beautiful Bill (OBBB), Trump is laying the …

Stephan Richter Donald Trump has had his way in getting his U.S. budget — the “One Big Beautiful Bill” (OBBB) passed. As Americans grapple with the consequences of the Trump administration’s new budget law — a law that slashes vital programs for the poor while favoring the wealthy …

Thiemo Fetzer Have you noticed that we are living through the slow unmaking of the market economy as we know it? Up to now, markets coordinated societies — not because they were perfect, but because they efficiently aggregated dispersed information through price signals. Moving from price signals to …

Eldar Mamedov Russia sees much to gain from engaging with the Islamic Emirate of Afghanistan. Earlier this month, in a move that surprised some, Russia formally recognized the Taliban government in Afghanistan. The decision reflected a calculated geopolitical strategy rather than an ideological endorsement. By engaging with the …

Paul London Like Donald Trump now, U.S. leaders in the 1920s just wanted to wring money out of Europe. However, Donald Trump is also keen on completely rewriting the history of U.S.-European relations. With Donald Trump claiming that the “EU is far nastier than China,” it is high …

American interests are advanced by connecting the world’s free and open spaces through enhancing connectivity, buoying regional aspirations for peace and prosperity, and denying operational space to revisionist actors. Globalization—characterized by chasing the lowest costs of production, including in rival countries’ territory—is at an end. Yet, this does …

The nature of warfare has undergone a profound transformation in recent decades, with drone technology emerging as a pivotal force in reshaping military strategies and tactics. Unmanned Aerial Vehicles (UAVs), also known as drones, have evolved from niche tools for surveillance to versatile instruments for precision strikes, psychological …

The phenomenon of negative electricity prices has become a reality across Europe, and with the rapid expansion of solar installations lacking sufficient storage capacity, this phenomenon is emerging everywhere. In early May, European energy prices saw a significant decline due to low demand and increased solar power generation. …