Essays & News

  Friends and adversaries will challenge and test the administration.   Even when successive presidents are from the same political party, such as the administrations of Ronald Reagan (1981-1989) and George Bush (1989-1993), American foreign policy contains elements of both continuity and change. If Kamala Harris succeeds Joe Biden as the president of the United […]

  Earlier in 2024, global government debt hit a record $91.4 trillion, according to the Institute of International Finance, the global association of the financial industry. The world’s combined gross domestic product (GDP) in 2024 is projected to be approximately $109.5 trillion. The International Monetary Fund (IMF), which promotes global monetary cooperation, financial stability and economic growth, […]

Turkey has applied for membership in BRICS, an association initially comprised of five major emerging economies: Brazil, Russia, India, China and South Africa. These countries are all leading economies on their respective continents. At the beginning of this year, four additional states joined the organization: Iran, the United Arab Emirates (UAE), Ethiopia and Egypt. Saudi […]

  Europe faces a rising wave of terrorism and increasing crime, yet its political elites struggle to address the situation effectively. They often misidentify the root causes – likely due to ideological bias – leading to misguided measures. Taylor Swift’s concert in Vienna was canceled due to a terrorist threat, and France and Germany imposed disproportionately high […]

  Once driven by market forces, China’s stock market now serves as a strategic instrument in a tightly controlled mixed economy. Under previous administrations, there was a notable push toward pro-market reforms, which allowed for a degree of responsiveness to global financial trends. However, with President Xi Jinping at the helm, the landscape has changed. […]