LONDON: The world is at last waking up to the ways in which economic interconnectedness amplifies the risks of geopolitical turmoil. But while there is good reason for countries to boost resilience, a wholesale shift from integration to...
LONDON: The world order is at risk of a lasting split, with the United States and its allies on one side, and China and its partners on the other. As US Treasury Secretary Janet Yellen noted at an Atlantic Council event last month, this outcome is...
LONDON – As the International Monetary Fund and the World Bank prepare for their annual meeting next week, all eyes are on Evergrande, China's second-largest property developer, which apparently cannot repay about $300 billion it...
LONDON – Many regard the market for Bitcoin – the world’s leading cryptocurrency – as a game of winners and losers played out among hedge funds, amateur investors, geeks, and criminals. The huge risk inherent in a highly...
LONDON – The International Monetary Fund and the World Bank have sprung into action in ways that would have been inconceivable even a year ago. Under former President Donald Trump, the United States – the main shareholder, with veto...