51³Ô¹ÏÍø

Tag - global-economy

 
 

GLOBAL ECONOMY

Unlike recent energy crises, today's geopolitical shock is destroying supply rather than rerouting it, exposing the limits of the standard policy toolkit.
COMMENTARY / World
Jul 22, 2026
Why this energy shock is different
Governments can mitigate its impact on those most exposed, but only if fiscal and monetary policy work in concert.
A Chinese People's Liberation Army honor guard welcomes U.S. President Donald Trump during a ceremony hosted by Chinese leader Xi Jinping in Beijing on May 14.
COMMENTARY / World
Jul 15, 2026
Managing Sino-American Interdependence
Only after World War II did trade become increasingly intraindustry, and now the U.S.-China economic relationship has gone further.
Vessels in the Strait of Hormuz, as seen from Musandam, Oman, on June 18
BUSINESS / Economy
Jul 4, 2026
European nations now believe some Hormuz fees are inevitable
Privately, some Gulf Arab officials hold the same view, sources said, though this is not necessarily the formal position of their governments.
Foreign exchange dealers work inside the Woori Bank trading room in Seoul.
BUSINESS / Markets
Jul 3, 2026
South Korea opens 24-hour won trading at a fraught moment
The launch onto the global stage is taking place just as the won is revisiting low levels last seen in 2009, which leaves the currency and economy more open to speculators.
Prime Minister Sanae Takaichi, U.S. President Donald Trump and other leaders gather during the Group of Seven summit in Evian-les-Bains, France, on June 16.
COMMENTARY / Japan
Jul 1, 2026
China¡¯s export controls target Japan to split the Group of Seven
Why Japan and why now? Tokyo raised the first question itself: Chief Cabinet Secretary Minoru Kihara protested that controls singling out Japan depart from international practice.
Japan spent ?11.7 trillion ($73 billion) between late April and late May to prop up the weak yen.
BUSINESS
Jul 1, 2026
Why is the yen so weak and what can Japan do about it?
The yen has tumbled past a 40-year low against the U.S. dollar, prompting the Japanese government to vow ¡°appropriate action at any time.¡±
U.S. President Donald Trump speaks during the Faith & Freedom Coalition event in Washington on Friday.
WORLD
Jun 27, 2026
U.S. and Iran trade strikes, putting new strain on Mideast ceasefire
The U.S. said its strikes were a response to ¡°unwarranted aggression against commercial shipping by Iranian forces¡± that ¡°clearly violated the ceasefire.¡±
Russian President Vladimir Putin and Singaporean Prime Minister Lawrence Wong meet on the sidelines of the Russia-ASEAN Summit in Kazan, Russia, on June 18.
COMMENTARY / World
Jun 25, 2026
ASEAN-Russia summit signals multipolar shift
Leaders¡¯ engagement in Kazan underscores Southeast Asia¡¯s pragmatic diplomacy amid global realignment.
New U.S. Federal Reserve Chairman Kevin Warsh holds a news conference after a Federal Open Market Committee meeting in Washington on June 17.
COMMENTARY / World
Jun 25, 2026
Warsh Fed era heralds a new trial for Asian currencies
The Warsh era has arrived. In his first news conference, the chair described it as a new chapter for the Fed. Asia needs to read in quickly.
Li Qiang, China's premier, speaks at the opening plenary of the World Economic Forum Annual Meeting of the New Champions in Dalian, China, on Wednesday, June 24.
BUSINESS / Economy
Jun 24, 2026
China unfazed by world¡¯s ire on trade as premier touts openness
China¡¯s widening trade surplus with major partners has come under increased scrutiny as policymakers around the world weigh fresh measures to counter a flood of exports.
Developing countries facing rising financial and geopolitical risks are turning to greater Global South cooperation through the newly formed Borrowers' Platform.
COMMENTARY / World
Jun 24, 2026
Debtor countries finally have a group of their own
For decades, developing countries have been forced to navigate an increasingly complex international financial system
A Spirit AI Moz1 humanoid robot is demonstrated at the 2026 Zhongguancun Forum, a technology and innovation conference, in Beijing on March 25.
COMMENTARY / World
Jun 23, 2026
China shock 2.0 is a real economic earthquake
Without a holistic response, China¡¯s tsunami of exports will continue.
People walk past the Elizabeth Tower, commonly known as Big Ben, during a march marking 10 years since Britain voted to leave the European Union and calling for closer ties with Europe, in London on Saturday.
BUSINESS / Markets / FOCUS
Jun 21, 2026
After the fracture: how Britain¡¯s financial industry recovered from Brexit
Signs the British financial industry has weathered Brexit better expected: Employment in London¡¯s financial district is near an all-time high and banks are posting record profits.
U.S. President Donald Trump arrives to attend the Group of Seven summit, in Evian, France, on June 15.
BUSINESS / Economy
Jun 21, 2026
Trump¡¯s fears about economy undercut U.S. leverage in Iran talks
U.S. President Donald Trump cited the prospect of global economic collapse as a big reason he signed an interim peace deal. That could cost him in talks.
Prime Minister Sanae Takaichi, U.S. President Donald Trump and other leaders prepare for a family photograph during the Group of Seven summit in Evian, eastern France, on Tuesday.
EDITORIALS
Jun 19, 2026
An absence of drama means the G7 summit was a success
This year, the G7 once again muddled through. It avoided the worst outcome ¡ª a public display of disarray
U.S. President Donald Trump stands in the center of the stage as world leaders greet each other while gathering for an official photo at the Group of Seven summit in Evian-les-Bains, France, on Tuesday.
WORLD / Politics
Jun 17, 2026
Iran to gain major financial relief under interim deal with U.S.
As part of the agreement, Iran will be able to sell oil immediately, tap a $300 billion development fund and get eventual access to its frozen assets.
Vehicles line up for fuel at a gas station in Katembe, Maputo, Mozambique, in April amid the energy shock triggered by the 51³Ô¹ÏÍø.
COMMENTARY / World
Jun 17, 2026
The 51³Ô¹ÏÍø and the global debt shock it fueled
Once again, a global crisis is disproportionately burdening countries that did not cause it.
China's new supply-chain regulations could force multinational companies to choose between complying with foreign laws and avoiding legal liability in China.
COMMENTARY / World
Jun 17, 2026
Nobody noticed, but China just rewrote the rules of global business
At first glance, the two regulations feel like one more step in the steady escalation of trade sanctions between China and the United States.
An Iranian woman celebrates in Tehran¡¯s Valiasr Square on Monday. The U.S.-Iran agreement may bring a temporary end to hostilities but is unlikely to resolve the underlying tensions.
COMMENTARY / World
Jun 17, 2026
Peace with Iran won¡¯t end conflict in the Gulf
Fundamentally, the deal will mark more of an intermission than a conclusion: It would entrench rather than end the struggle between America and Iran.
People wave Iranian and Iraqi flags outside the Iranian Embassy in Baghdad on June 15 following the announcement of a deal to end the war between Iran and the U.S.
COMMENTARY / World
Jun 16, 2026
Trump, Iran and the wily ¡®art¡¯ of the digital deal
For Tehran, the lack of ceremony allows it to minimize internal political backlash by portraying the deal as a temporary technical arrangement rather than a binding concession.

Longform

For many people, utility poles and power lines have become such a familiar part of Japan¡¯s landscape that they often go unnoticed.
Why Japan¡¯s utility poles won¡¯t be disappearing anytime soon

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