BRICS laying first tracks for new global payment system
As India prepares to host the BRICS summit later this year, the focus will be on a payment…
China’s huge trade surplus brings limited boost to forex reserves
China’s trade surplus surged to a record in 2025, even as United States President Donald Trump launched a…
Anatomy of an economic suicide: Venezuela under Maduro
This report is not a political manifesto; it is an economic autopsy. It’s about the arithmetic of ruin.…
China’s Hainan Free Trade Port heralds new era of openness
An iPhone that costs about $100 less might not sound like a trade policy story, but in China’s…
Indonesia among big losers of the end of cheap yen
The Bank of Japan’s interest rate hike, raising the benchmark rate to its highest level in 30 years,…
How wage inflation became the Fed’s regressive red line
The 2021-2023 inflation surge saw sudden and persistent increases in prices for consumer goods, housing and assets. Wage…
Next financial meltdown could be much worse with US on sidelines
This is the second in a two-part series. Read part one here. Globalization has always had its critics…
China’s bet on self-reliance won’t fix an unbalanced economy
Every few years since 1953, the Chinese government has unveiled a new master strategy for its economy: the…
US soybean farmers are dangerously overdependent on China
In my first months at what is now DTN/The Progressive Farmer, back in 2003, I was asked to…
Quantum computers the key to elusive ‘Theory of Everything’
During the first two decades of the 20th century, European science experienced a revolution. Albert Einstein’s Theory of…
Trump going Japanese with risky debt monetization gambit
NEW YORK — In October 2016, Japan tried a new riff on an old economic strategy to mask…
China’s playbook for 90-day trade truce with US
The United States and China extended their trade truce by 90 days on Tuesday (August 12), a trade…