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Geopolitical tensions over the last few years have put our world into a churn. The old international order, once steady and predictable, is now splintering into rival blocs led by the US and China. 

In a new book “The Fractured Age,” Neil Shearing argues that our world is fracturing into US and China-led blocs, where the US bloc holds a larger share of global GDP, technological control and financial dominance. Shearing predicts that eventually most nations may well align with the US, leaving China as a relative loser owing mainly to its slowing economic growth and demographic challenges. 

However, Martin Wolf, a leading economics commentator, has challenged this idea. Wolf contends that lately the US has been becoming weaker due to unreliable leadership, weakening trust and alliances. Wolf also finds Shearing too bearish on China and suggests that China’s massive growth potential and policy adaptability make a sharp, prolonged economic slowdown very unlikely.

The Strategic Mutual Defense Agreement with Saudi Arabia offers Pakistan more than security. It offers a pathway.

- Dr. Aqdas Afzal

What this means is that in this new age of economic warfare and uncertainty, nations that do not have a clear and resilient strategy risk being left behind. In the case of Pakistan, this moment demands more than........

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