Could Central Bank Digital Currencies Create a New Paradigm for International Trade?
Central banks are racing to digitize their currencies, and a new infrastructure for cross-border payments is emerging. It promises faster settlements, greater autonomy for emerging markets, and a potential challenge…
When Discounted Oil Doesn’t Pay: The Hidden Costs of India’s Russia Bet
India’s $17 billion windfall from discounted Russian oil has been eclipsed by a $37 billion blow from U.S. tariffs, underscoring how fragile energy wins can be when they clash with…
Realism in the New Global Economy
How are power politics re-shaping global markets? As the Cold War reached its conclusion, the Soviet Union’s collapse was widely seen in the West as an unequivocal triumph for liberal…
Weaponizing Tariffs: The US-China Trade Clash and Global Fallout
This article makes the case that tariffs, which were once thought of as economic tools, are now being used more and more as strategic tool by superpowers, especially China and…
Political Instability in the Global South: The Rise of Military Coups in Africa and Their Economic Implications
In recent years, political instability in the Global South, particularly in Africa, has intensified, marked by a notable surge in military coups. Between 2020 and 2022, the continent experienced six…
Chinese Expansion in the Indian Ocean and Ambition for Dominance Over the Global Economy
Introduction As an important trade route, the Indian Ocean is a strategic location to protect a country's economic security. China has set out to achieve its geopolitical ambitions and assert…