Global Economy
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Washington Consensus at 35: Ten Policies Shaped Global Economy
WASHINGTON, D.C., July 25, 2026 — The marble facades of the World Bank and the International Monetary Fund…
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Thomas Piketty’s wealth tax ideas reshape global policy
PARIS, July 21 — Against the backdrop of a continent still wrestling with the legacy of austerity and…
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Tanker attack in Hormuz marks 10th US strike on Iran
MUSCAT, July 20 — For the tenth consecutive night, American warplanes have struck Iranian military positions. And for…
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Tariffs as Political Leverage in US-Canada Trade Disputes
WASHINGTON, July 18 — Tariffs remain a central instrument of trade policy, defined as duties imposed by a…
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Ukrainian Strikes Cut Russian Oil Exports, Disrupt Military Logistics
MOSCOW, July 13 — The shift is unmistakable. Ukraine’s campaign of strikes on Russian oil infrastructure has carved…
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U.S.-Iran Strait of Hormuz Tensions: 1980s Tanker War to 2025 Blockade
TEHRAN, July 13 — The Strait of Hormuz, a narrow waterway that has long been a flashpoint in…
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Iran’s Khamenei Holds Final Say on Strait of Hormuz
TEHRAN, July 12 — For communities across Asia watching the shifting currents of Middle Eastern power, one figure…
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Iran indefinitely shuts Strait of Hormuz amid rising regional tensions
TEHRAN, April 18 — The Islamic Revolutionary Guard Corps Navy announced the closure of the Strait of Hormuz…
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Sanctions on Russia Since 2014 Shape Global Economy
BRUSSELS, July 11 — Against this backdrop of grinding trench warfare and daily drone strikes across Ukraine’s eastern…
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Russia Sanctions Workarounds Blunt Impact On War Effort
BRUSSELS, July 11 — When Western allies began freezing Russian central bank assets in early 2022, the figure…
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Economic Sanctions Hit Russia; Ukraine Faces Recovery Costs
BRUSSELS, July 11 — The economic contours of the Russo-Ukrainian War are shifting. Four years in, the blunt…
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Russia’s War Costs: Sanctions and Military Spending Since 2022
LONDON, July 11 — The mechanics of the West’s financial war on Russia have produced a picture that…
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Iran Told Trump Advisers Strait Attacks Were a Mistake
DUBAI, July 11 — The figure that matters: 20%. That is the share of the world’s petroleum that…
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Trump backs heavy tariffs on Russian oil to end Ukraine war
WASHINGTON, July 11 — Against the backdrop of a grinding conflict that has reshaped European security, the Trump…
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Diplomatic and Market Reactions Emerge to New Tariff Plan
WASHINGTON, July 10 — The shift is unmistakable. The Trump administration is reportedly weighing a plan that would…
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Lindsey Graham Pushes for ‘Crushing’ Tariffs on Russian Oil
WASHINGTON, July 10 — The mechanics of Senator Lindsey Graham’s influence on American foreign policy rest on a…
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Russia’s Vladimir Putin Faces New US Economic Pressure
MOSCOW, July 10 — Vladimir Putin, who has served as Russia’s president since May 7, 2012, and previously…
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John Maynard Keynes: Architect of Bretton Woods and Dollar Power
LONDON, July 10 — The shift is subtle but seismic. Eighty years after John Maynard Keynes helped design…
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Western Sanctions Reshape Russia Economy, Energy Since 2022
BRUSSELS, July 9 — In the corridors of European power, the architecture of sanctions against Russia has become…
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Iran Nuclear Deal Uncertain as Diplomatic Paths Diverge
WASHINGTON, July 9 — The Joint Comprehensive Plan of Action, the 2015 nuclear deal that once promised to…
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Peterson Economist Links U.S.-Iran and U.S.-China Trade Talks
WASHINGTON, July 9 — Gary Hufbauer, a nonresident senior fellow at the Peterson Institute for International Economics, has…
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Strait of Hormuz: History and Strategic Global Economic Role
WASHINGTON, July 9 — The Strait of Hormuz, a narrow waterway between Iran and Oman, remains the world’s…
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Iran’s Actions and US Sanctions Fuel Ongoing Tensions in Strait of Hormuz
TEHRAN, July 8 — The shadow of confrontation between Iran and the United States has lengthened considerably over…
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U.S. Iran Sanctions Since 2018 Drive Economic Pressure
WASHINGTON, July 8 — The economic war between the United States and Iran, waged through layers of sanctions…
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Iran’s Strategic Position Could Influence Domestic Stability
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