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Academia 2 months ago
PREMIUM
Cheap drones redefine energy security risks
Lessons from the battlefields of Ukraine, Russia and the Middle East have shown how unmanned aircraft can evade traditional air defenses, turning oil refineries, power stations, export terminals and pipelines into prime targets.
Academia 2 months ago
PREMIUM
China’s failed quest to rebalance its economy
When China’s leaders first acknowledged the need to rebalance the economy nearly two decades ago, it seemed like a matter of when, not if. But with the household consumption share of Chinese GDP remaining stubbornly low, officials’ promises to boost domestic demand have lost all credibility.
Economy 2 months ago
Outgoing IMF chief economist sees risks, shifting trade ties and continued uncertainty
Strategic petroleum releases helped avert a sharper rise in oil prices as a result of the war in the Middle East, but the global economy faces significant downside risks if a fragile ceasefire between the US and Iran doesn't hold, IMF chief economist Pierre-Olivier Gourinchas said on Friday.
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