GLOBAL MACRO INSIGHTS

The Return of the Usual Suspects: Risky Sovereigns Ride the Global Yield Hunt

Some of the world’s most precarious sovereign borrowers are tiptoeing back into international debt markets, eager to cash in on investors’ growing appetite for yield,...

Trump Builds Tariff Walls, Xi Sells Through the Windows

President Xi Jinping’s export machine has ploughed through five months of Trump’s eye-watering tariffs and somehow still delivered a record $1.2 trillion trade surplus. Restrict...

How Xi and Putin Redrew the Energy Map

Donald Trump swept back into the Oval Office, promising “American energy dominance.” What he delivered instead was a circus: photo ops, tariff tantrums, and Truth...

Trump’s Tariffs Push Modi Into Xi and Putin’s Arms

It took Donald Trump’s second coming to achieve what years of border clashes, diplomatic frigidity, and mutual suspicion could not: a strategic rapprochement between India...

How to Lose Allies and Strengthen Rivals – The Washington Way

Still nursing the bruises from Donald Trump’s 50% tariffs, India has arrived at a fresh, bitter conclusion: the American president seems perfectly happy to rough...

Trump’s Brazil Barrage: Tariffs, Tantrums, and a Tropical Witch Hunt

Donald Trump has once again lobbed a diplomatic grenade, this time in the direction of Brasília. His threat to impose a whopping 50% tariff on...

Beijing’s Silent Symphony: Undermining the Dollar, One Bond at a Time

While Washington busies itself with tax theatrics and tariff tantrums under Trump 2.0, Beijing is quietly tuning its instruments for a more strategic performance: the...

Greece, The Price of Redemption

In the summer of 2015, Greece was the economic basket case of Europe, teetering on the edge of default, capital controls, and an unceremonious exit...

The Great Emerging Market Bond Rush

Yield-hungry investors are once again fuelling a borrowing bonanza across developing nations, prompting a record surge in hard currency bond issuance, all in a mad...