Coronavirus has dealt a devastating blow to Spain
INOSMI Russia Dmitry Dobrov The international monetary Fund named Spain as the European country most affected by the covid-19 epidemic. This year, according to the IMF, Spanish GDP will fall…
The Japan Shinzo Abe Has Left Behind
Bill Emmott Project Syndicate – Dublin By leaving office now, as modern Japan’s longest-serving prime minister, Shinzo Abe will set the terms of his departure instead of allowing dagger-wielding rivals…
Is the Almighty Dollar Slipping?
Nouriel Roubini Project Syndicate – New York Far from signaling its imminent demise as the main global reserve currency, the greenback’s sharp depreciation is to be expected in the current…
The abnormal ratio of profits from gold and gas exports weakens Russia — with one exception
Die Welt (Germany): Eduard Steiner On the same day that the world’s largest gas concern Gazprom published its latest quarterly report, the Central Bank and Customs service of Russia took…
China’s Deepening Geopolitical Hole
MINXIN PEI Project Syndicate – CALIFORNIA The UK’s decision to ban Huawei from its 5G networks is only the latest diplomatic setback for China. So, as China’s leaders ponder how…
China’s Export Performance Will No Longer Threaten the U.S. Economy
THE NATIONAl INTEREST desmond Lachman Under the Trump administration, a major shift in U.S. international economic policy has been the characterization of China as a strategic economic threat rather than…
Russia exports more gold than gas for the first time
Handelsblatt-Germany Mathias Bruggmann Traditionally, the country’s dollar revenues come from gas exports. In the first quarter of this year, everything changed — for two reasons.
China as Economic Bogeyman
Project Syndicate, UK DANI RODRIK As COVID-19 spread from China to Europe and then the United States, pandemic-stricken countries found themselves in a mad scramble for medical supplies – masks,…
Priorities for the COVID-19 Economy
JOSEPH E. STIGLITZ With hopes of a sharp rebound from the pandemic-induced recession quickly fading, policymakers should pause and take stock of what it will take to achieve a sustained…