Over the past few years, the US Federal Reserve has been ahead of other major central banks in normalizing monetary policy. But now the Fed has abruptly put further interest-rate hikes on hold, owing to key changes in macroeconomic conditions and the political environment.
Like the assassination of Olof Palme in Sweden in 1986, the 9/11 attacks in the US, and the murderous rampage of Anders Breivik in Norway in 2011, March 15 will mark the day New Zealand lost its innocence and entered the age of postmodern mass terror. Fortunately, Prime Minister Jacinda Ardern's response has so far been pitch perfect.
shows why the global economic-governance system created by wartime policymakers remains relevant today.
says community involvement in Pakistani development projects holds lessons for other countries.
criticizes the Western left for opposing any action against Venezuela's tyrannical regime.
sees five factors contributing to US central bankers' decision to suspend monetary-policy tightening.
explain how the rise of ultra-powerful superstar firms may be depressing wages.
discuss what should be done about the foreign women who joined ISIS and now want to return home.
Efforts to combat climate change through sustainable development are as complex as they are important for the future of humanity. With US President Donald T… read more
After the election of President Emmanuel Macron in France and the return of a centrist grand coalition government in Germany, many hoped that the Franco-German ax… read more
The biggest cloud hanging over the world economy is the incipient trade war with China launched by US President Donald Trump. But with America’s closes… read more
Today’s media landscape is littered with landmines: open hostility by US President Donald Trump, mounting censorship in countries such as Hungary, Turkey, a… read more
Africa’s economic rise is a world-changing development, but the sources of its emerging strength – and lingering weaknesses – are little understood. W… read more
Half of the world’s population live in cities, and that share is growing rapidly. How can cities expand, maintain services and communities, and be envi… read more
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