Trade War Damage is Asymmetric, but both Sides Hurt Canada is showing strong public and political support for resisting President Donald Trump’s tariffs, while opposition in the United States is growing because of fears about higher prices, economic disruption, and…
The Mecca Agreement is More Signalling at this Stage Saudi Arabia, Turkey, and Pakistan have signed the Mecca Joint Defence Pact, pledging to treat an attack on one member as an attack on all. The agreement signals growing regional efforts…
Trade Tensions but Full-Decoupling Unlikely The long-running U.S.-China trade war escalated under Trump I and continued under Biden. In Trump II, it has escalated. However, a full economic decoupling still seems unlikely despite major tensions. The trade war includes tariffs,…
Is China's Economic Model Sustainable? China’s economic model is more vulnerable than many think since China’s growth depends heavily on exports, subsidies, cheap credit, financial repression, and currency manipulation—while weak household consumption, falling investment efficiency, and rising debt make the…
EU Political Backlash against Spain's Migrant Crisis The sudden influx of migrants into Spain’s Ceuta enclave sparked alarm across the EU, but also exposed political divisions. While the immediate border crisis eased, many EU countries reacted harshly toward Spain, with…
Why the Yen Matters to the United States A weakening Japanese yen matters to the United States: Japan and the U.S. are tightly linked through trade and financial markets, so a sharp yen decline can affect American borrowing costs, exporters,…
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