The world needs to prepare for a cascade of financial crises across emerging and developing economies. The writing is already on the wall, with Bangladesh, Ghana, Pakistan and Sri Lanka currently queuing at the International Monetary Fund’s …
Tag Archive for: "economics"
China’s live-fire drills surrounding Taiwan over the weekend simulated an economic blockade, with Chinese forces positioned to halt access to the island nation’s main ports. Dozens of ships heading to or from North Asia were …
Beijing’s creation of a new state-owned company to centralise China’s purchases of iron ore and other metal resources is unlikely to have much impact while markets are tight and prices are high, but it could …
In a win for democracy, mass protests in Sri Lanka recently led to the resignation of President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa. A strongman who won popularity for overseeing the end of Sri …
The virtual summit of BRICS leaders in Beijing late last month brought a slew of proposals to strengthen the group’s economic and geopolitical influence. Russian President Vladimir Putin unveiled a plan for a new reserve currency …