The People’s Republic of China has long harboured ambitions in the High North, and now seeks to extend its influence by exploiting the effects of climate change and rifts within the transatlantic alliance.
The flaws in Mark Carney’s new world order
Canadian prime minister is right to stress that middle powers must adapt to a new world order. Yet his rhetorical appeal to the heroism of anti-Communist dissidents, even as he builds closer ties with Beijing, is naive, misguided, and potentially dangerous.
Trade imbalances are stalking the global order
Global imbalances are unsustainable, and always unwind. The circumstances under which they do herald moments of crisis.
The post-1945 world trading system is breaking down
First published: The Times, 27 August 2025
The post-1945 world trading system is succumbing to conflict that beckons parallels with the tensions in the 1930s over intractable current account imbalances and rising protectionism.
De-dollarisation would upend the global economy
De-dollarisation rolls off the tongue easily enough, but its supporters and advocates do not really know that they are playing with fire.
Dollar :-)
De-dollarisation is all the rage, and probably reflects the uncertainty and pessimism arising from volatile economic and geopolitical times. But it is n’t happening as people say