Economy

The world appears to be either prematurely aging or completely insane. After a long period of cold peace from the end of World War II until the 1970s, Richard Nixon, then US President, visited China…

Two years ago, I predicted in Foreign Affairs that the COVID-19 recession, coming on top of the financial crisis of 2008, would lead rich democracies to redefine the outer limits of their monetary…

Over a year into U.S. President Joe Biden’s first term, the United States is still fighting former President Donald Trump’s economic wars. Biden’s rhetoric is less extreme and more polite, but his…

Iranian state television reported that “thieves cut into the vault of a branch of Bank Melli (Persian for National Bank) from a neighboring building in Tehran.” As a result, hundreds of Iranians lost…

As trade officials gather on the calm shores of Lake Geneva for the World Trade Organization’s long-delayed 12th ministerial conference, a perfect storm is brewing in the multilateral trading system…

Recently, many editorials of leading American newspapers criticized President Joe Biden for his repeated claims that the Russian invasion of Ukraine was the main cause for the staggering inflation…

The role of African governments in the economic development of their countries is crucial, which is why they tend to be centered by foreign governments in strategies focused on economic issues. This…

"I've rushed things. I should not have started the franchising system until I made sure I had a solid business model and the right people to take care of the franchise. I thought the franchisees…

The Egyptian state has been pushed to take unprecedented measures to weather the storm hitting the domestic economy as a result of the global standoff around the Russia-Ukraine war, especially since…

The dollar dominance has been a matter of controversy since the last decades of the 1900s. IMF reports show that the Dollar's share in the global foreign exchange reserve fell from 70% in 1999 to 59%…