The Strait of Hormuz Is Becoming a toll booth
For decades, the Strait of Hormuz symbolised one of the invisible certainties of globalisation. Oil flowed. Gas flowed. Tankers crossed. Insurance markets functioned. Supply chains...
Tag: global economy
Hormuz: The Proposal That Buys Time, Not Peace
Iran has returned to the table, or at least near it, with a new proposal designed to reopen the Strait of Hormuz and extend the...
Ceasefire, Yes. Control, No.
Washington would like the world to believe that the worst is over. The reality is less comforting. A fragile pause has been announced, diplomats are...
The Day the World Ran Short
It does not begin with a collapse. It begins with a pause. A handful of ships, fully loaded, engines humming, drifting in a narrow stretch...
The Strait That Stopped the World
The war in the Middle East is no longer a regional crisis. It is rapidly becoming a structural shock to the global economy. What began...
Finance Ministers and Central Bankers Confront a Debt Time Bomb
Gathered in Washington for the IMF’s annual meetings, finance ministers and central bankers find themselves facing a global trading system in disarray, uncertainty over the...
Tariff Tantrums and Global Manufacturing: The Art of Economic Destruction
This week brought yet another pile of smoking evidence that President Donald Trump’s trade war is doing precisely what trade wars do best: sowing chaos,...
Trump’s Trade War Escalation: A Policy for Disaster
President Donald Trump has made good on his threat to hammer Canada and Mexico with hefty import tariffs while doubling down on China, effectively dragging...
Trump’s Tariff Roulette: A High-Stakes Gamble with Global Trade
Donald Trump is at it again, threatening to impose sweeping 25% tariffs on automobile, semiconductor, and pharmaceutical imports, with a formal announcement as early as...