Economy

Why Venezuela’s Refineries May Be Too Costly to Save

Venezuela's once powerful refining sector has fallen into severe decline, with aging infrastructure, years of underinvestment, and recent earthquake damage leaving the country's largest...

Can Japan’s Prime Minister Restore Market Confidence?

Japanese Prime Minister Sanae Takaichi is facing mounting political and economic pressure as falling public approval ratings increasingly complicate her government's efforts to reassure...

Washington Arrived Late: Syria’s Economic Reintegration Is Already a Gulf-Run Enterprise

On July 13, at Damascus's Dama Rose Hotel, Syria's economy minister, Nidal al-Shaar, stood before executives from Chevron, Visa, Citibank, EY and a dozen...

Central banks face growing inflation risks as global price pressures mount

Major central banks are confronting an increasingly difficult inflation landscape as multiple price pressures converge, raising questions over whether policymakers can continue treating inflation...

A Hybrid Approach for a Federal Sovereign Wealth Fund

While this author has long called for a United States Wealth Fund to be started by excise taxes on mineral wealth extracted from federal...

What the U.S.–Syria Business Forum Means for U.S.–Syria Relations

“Economic statecraft is not self-sustaining.” That is the wager embedded in America’s Syria policy, and the first Syrian-American business forum held on July 13,...

Who Is Funding America’s Growing Debt to the Rest of the World?

Foreign capital continues to pour into the United States, driven largely by the artificial intelligence investment boom. While these inflows have helped fuel record...

Beyond tariffs: What holds back Türkiye–ASEAN trade

A Turkish manufacturer finds a distributor in Southeast Asia. The buyer likes the product, the price is acceptable and the first order appears close....

Europe’s China Dilemma: The New Geopolitics of Free Trade

Over the past five years, the European Union has quietly built the largest network of modern free trade agreements in the world. New Zealand,...

Russia’s Policy to Influence Francophone African States

Russian Foreign Minister Sergey Lavrov lined up Francophone African Foreign Ministers and engaged in an in-depth, substantive, and candid exchange of views on key...

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