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global-economy

Academia 4 days ago

PREMIUM
Strait strategy: Iran is sanctioning America

By choking off the Strait of Hormuz to oil flowing from pro-US Persian Gulf countries, while still shipping a substantial amount of its own oil to China, Iran has slapped painful sanctions on the US.

Academia 2 weeks ago

PREMIUM
A stronger work ethic won't fix advanced economies

What Merz witnessed in Hangzhou was not the product of longer working hours. It was the result of massive, directed investment.

Academia 3 weeks ago

If the Iran conflict shuts Hormuz, global economic chaos could follow

There are already signs that the strait will become a major focus of concern because of the huge implications should the conflict disrupt maritime traffic through this narrow outlet of the Persian Gulf.

Academia 1 month ago

PREMIUM
The economics of the US Supreme Court's tariff ruling

The US Supreme Court did the right thing by ruling that the International Emergency Economic Powers Act of 1977 (IEEPA) “does not authorize the President to impose tariffs.”

Economy 1 month ago

US Supreme Court ruling offers little respite for global economy

By itself, the ruling is estimated to chop the trade-weighted average US tariff almost in half from 15.4 percent to 8.3 percent. Yet no one expects this to remain the status quo: the Trump administration has said that it can and will use other legal vehicles to reimpose tariffs.