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Project Syndicate |
NEW YORK—The US-Israeli war with Iran has done much more than destabilize the Middle East, trigger a surge in energy and other prices, and disrupt...
AUSTIN—More than nine weeks into the three-day war on Iran—recently declared “over” by the White House even as threats continue—it is not...
SOFIA—Since Israel and the United States launched their war on Iran in February, global energy prices have skyrocketed, with crude oil reaching...
CHICAGO—As Hungarians celebrate their defeat of authoritarian populism and Americans mark 250 years of freedom, Russians may also look forward to an...
PARIS—Government debt in several advanced economies is now at its highest level outside wartime, and emerging-market debt has been steadily rising...
BUENOS AIRES—Recent AI advances have created widespread expectations of substantial productivity gains. Early studies, such as one showing that AI...
NEW YORK—Call it one of the biggest turnarounds in the US Federal Reserve’s storied history. When Jerome Powell concludes his two-term tenure as...
NEW DELHI—India’s 2026 economic survey highlights the pivotal role of cities in driving economic growth and raising living standards, a priority...
NEW YORK—After decapitating the Iranian regime and bombing Islamic Revolutionary Guard Corps positions for 40 days, the Trump administration has...
BEIJING—China’s first-quarter year-on-year GDP growth rate of 5% indicates that the sustained slowdown seen in the second half of 2025 has been...
WASHINGTON, DC—History is likely to be as kind to Jerome Powell, the outgoing chair of the US Federal Reserve Board, as it has been to Winston...
NEW YORK—What should be done about mass murderers once the regime they served is toppled? Countries all over the world, from post-Nazi Germany to...
PRINCETON—Péter Magyar’s landslide victory in Hungary has triggered a global outpouring of commentary that sometimes reads like a trashy banner...
WASHINGTON, DC— Is China’s development model short-changing domestic consumers? Although there is almost universal agreement that it is, that does...
ANGERS—The development of payment infrastructure in emerging-market economies (EMEs)—from instant payment systems in retail markets to wholesale...
GENEVA—In most democracies, a leader outsourcing high-stakes diplomacy to family members and business associates would provoke outrage. But US...
NEW YORK—As the economic consequences of US President Donald Trump’s war against Iran become evident, policymakers around the world are running...
WASHINGTON, DC—AI has moved from Silicon Valley to the center of global politics and economics. It is now the primary theater of 21st-century...
MEXICO CITY—For 16 years, Hungary offered what appeared to be a durable new model of “illiberal democracy”: a system in which elections...
PRINCETON—An apocryphal anecdote from the 1945 Potsdam Conference has it that Josef Stalin asked Winston Churchill, “How many divisions has the...
NEW YORK—Ever since the Hungarian Revolution of 1956, the country has served as a cautionary tale about the dangers of political reform in one-party...
LONDON—In the early 17th century, deep within the palm forests of northeastern Brazil, a group of people escaped slavery and founded an independent...
STANFORD—Private credit has become a major source of financial anxiety, reflecting growing concerns about rising defaults, tighter liquidity, and...
LONDON—In the run-up to this year’s International Monetary Fund and World Bank Spring Meetings, the one story that cut through the noise was...
LONDON/LOS ANGELES—The disruption of shipping flows through the Strait of Hormuz has highlighted the structural fragility of the global energy...
PRINCETON—The public has lost trust in universities, and restoring it is an urgent task. That is the conclusion reached in a much-discussed new...
PARIS/LJUBLJANA—Earlier this month, the United Arab Emirates announced a plan to have half of its government services run on agentic AI within the...
LONDON—After years of underinvestment, Europe is finally beginning to increase defense spending. Few have put the stakes more bluntly than former...
NEW YORK—It is too soon to know when or how the war with Iran will end, or what its geopolitical or economic consequences will be. But one thing is...
OXFORD—“Something Big Is Happening,” wrote AI startup founder Matt Shumer in a recent viral essay that captured his industry’s swelling...
CAMBRIDGE—The closure of the Strait of Hormuz is just the latest in a series of major supply shocks the global economy has experienced since 2020....
LISBON—With conflict disrupting shipping in the Middle East and the future of US tariffs still uncertain, global trade is firmly in the spotlight....