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July 16, 2024
 

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GLOBAL ECONOMY

Li Qiang at the World Economic Forum on Tuesday
WORLD / Politics
Jan 17, 2024
In Davos, Chinese premier takes aim at trade 'barriers'
Li's remarks came as the World Economic Forum's 54th annual conference is preoccupied with a slew of global risks, including wars in Ukraine and Gaza.
The "wolf warrior" metaphor is used for Chinese diplomats who are known for aggressively making their country’s case on the world stage.
COMMENTARY / World
Jan 16, 2024
Doves, pandas and dragons: Decoding the global political zoo
Animal metaphors help us reflect on the rich and varied landscape of foreign policy discourse.
A vehicle carrying Chinese Prime Minister Li Qiang arrives during an official visit in Kehrsatz, near Bern, in Switzerland, on Monday. Li is visiting Switzerland to attend the World Economic Forum in Davos.
WORLD / Politics
Jan 16, 2024
China set to woo global elites with large delegation at Davos forum
Chinese Prime Minister Li Qiang will make a special address on Tuesday, and will be the most senior Chinese official to attend Davos since President Xi Jinping in 2017.
Farmers dry coffee beans at the Thiririka farming cooperative in Kiambu County, Kenya, in November 2022.
COMMENTARY / World
Jan 15, 2024
Is it time for a coffee cartel?
If farmers in the developing world are prevented from getting their fair share from coffee production they should take matters into their own hands.
U.S. President Joe Biden in Charleston, South Carolina, on Jan. 8
WORLD / Politics
Jan 14, 2024
Biden refines economic pitch for 2024 in bet worst is behind him
Biden’s messaging blitz hinges on whether consumers buy it.
Hyundai Motor's Casper mini sport utility vehicles on a production line at a factory in Gwangju, South Korea, in October 2021
COMMENTARY / World
Jan 10, 2024
A hidden hero will drive Korean trade closer to the U.S.
The U.S. is fast catching up to China as a destination for South Korean goods, lagging by just 1.4 percentage points last year.
Prime Minister Fumio Kishida meets with U.S. President Joe Biden in Tokyo in May 2022.
COMMENTARY / Japan
Jan 11, 2024
A critical year for the Japan-U.S. alliance
The foundation of the Japan-U.S. partnership is a belief in the need to support and maintain the rules-based global order.
Activists protest outside the offices of the Australian Immigration Department in Sydney in February 2016
COMMENTARY / World
Jan 10, 2024
The danger of talking down immigration Down Under
Australians are facing an economic dilemma Down Under amid an unsettling debate over immigration policies.
The Pilbara Minerals Pilgangoora lithium project in Port Hedland, Western Australia
COMMENTARY / World
Jan 9, 2024
Lithium’s promised land looks more like the old country
Two decades ago, Australia mined less than a fifth of the world’s lithium. In 2021, it dug more than every other country put together.
A Taiwan Air Force Mirage 2000-5 aircraft prepares to land in Hsinchu, Taiwan, on Jan. 2. In the event of a conflict with China, Taiwan would face a military that rivals that of the U.S.
WORLD / Politics
Jan 9, 2024
Xi, Biden and the $10 trillion cost of war over Taiwan
The price tag — equivalent to about 10% of global GDP — dwarfs the blow from the war in Ukraine, COVID-19 pandemic and 2007-2008 Global Financial Crisis.
The Yangshan Deepwater Port in Shanghai. China’s manufactured goods surplus relative to global gross domestic product is now around 2%, and an estimated 45% of China’s manufacturing output is being exported as the nation’s 1.4 billion people can’t buy enough goods such as electric vehicles, ships and household appliances to meet the increased supply.
BUSINESS / Economy
Jan 8, 2024
Xi Jinping’s solution for China’s economy risks triggering new trade war
Manufacturing focus sets up Beijing for renewed tensions with both developed countries and emerging economies pushing to reach the lower rungs of the industrialization.
The first sunset of 2024, seen over Chiba's Boso Peninsula from a chartered Solaseed Air flight on the morning of Jan. 1.
COMMENTARY / World
Dec 31, 2023
The outlook for 2024 appears grim — but nothing is preordained
Given the complex landscape of 2024, we can expect to navigate uncertainty, geopolitical shifts and a myriad of pivotal elections.
After being whipsawed by false starts calling for the end of the Fed’s rate hiking regime, a Bloomberg gauge of the greenback is down nearly 3% since January in the steepest annual drop for the U.S. currency since 2020.
BUSINESS / Economy
Dec 29, 2023
U.S. dollar is set for worst year since 2020
The dollar’s fall stands in contrast to the pound, which is set for its best year since 2017.
People walk in the Zhujiang New Town area of Guangzhou.
ASIA PACIFIC
Dec 29, 2023
China’s richest provinces promise to take lead in driving growth
Almost all 31 mainland provinces held meetings to discuss next year’s priorities after the Central Economic Work Conference in Beijing this month.
Economists often struggle to predict business downturns and different economic theories may apply in different situations.
COMMENTARY / World
Dec 27, 2023
What economists got wrong about the Great Recession
Macroeconomics faces challenges and limitations in predicting and understanding economic events.
The yuan's stealthy climb in global payments could see it pose a challenge to the U.S. dollar's dominance.
COMMENTARY / World
Dec 25, 2023
The yuan is finally showing some muscle in international trade
The yuan's stealthy climb in global payments could see it pose a challenge to the U.S. dollar's dominance.
The problems afflicting Afghan society today, such as the repression of women’s rights and conflict, are also global issues.
COMMENTARY / World
Dec 13, 2023
Neglecting Afghanistan could have global repercussions
The problems afflicting Afghan society today, such as the repression of women's rights and conflict, are a reflection of those facing the wider world.
COP28 President Sultan Ahmed Al Jaber gives a press conference at the United Nations Climate Change Conference in Dubai on Dec. 4.
COMMENTARY
Dec 8, 2023
Climate solutions are debatable, but science is inescapable
How we set environmental policies depends on how we interpret the facts.
The COP28 climate conference is being held at Expo City Dubai for a total of 100,000 attendees, 2,000 of which are from fossil fuel companies.
COMMENTARY / World
Dec 11, 2023
COP28 like a trade show? That’s not a bad thing.
Some lament the presence of many fossil fuel representatives among the 100,000 attendees of COP28 in Dubai, failing to recognize their key role.
What’s worrying from the stock market’s perspective is that the Reserve Bank of India is taking more direct steps to rein in debt-fueled consumption.
COMMENTARY / World
Dec 7, 2023
The world’s most-loved emerging market is feeling jittery
India's economic prosperity is primarily being attributed to a small elite class referred to as the "Octopus class."
Who needs AI when you have Hatsune Miku?
Over the first six months of 2024, a handful of songs using Vocaloid singer Hatsune Miku’s voice have enjoyed widespread attention, underlining a global interest in the character and the technology she represents.
Bloodied Trump survives assassination attempt at political rally
Former U.S. President Donald Trump is surrounded and evacuated by Secret Service agents at a campaign rally in Butler, Pennsylvania, on Saturday. Trump was rushed off stage at the rally after shots rang out.
Shooter came within inches of killing Trump, but left few clues as to why
An aerial view shows the stage where Republican presidential candidate and former U.S. President Donald Trump had been standing during an assassination attempt the day before, and the roof of a nearby building where a gunman was shot dead by law enforcement, in Butler, Pennsylvania, on Sunday.
Yen’s woes seem too big for even a BOJ hike this month to solve
The Bank of Japan headquarters in Tokyo
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.

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Longform

Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'
By Tomoko Otake

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