IMF rebukes China’s model with its own credibility in tatters
As the International Monetary Fund takes China to task, the world’s “lender of last resort” is grappling with…
A stable and smart BRICS route to de-dollarization
By any honest reading of history, the international monetary system was never neutral. It was a political settlement,…
Reality behind Trump’s tariffs, AI job losses and Japan’s debt
Welcome to another roundup of interesting news and events from around the econosphere, from my traditional, 100% handcrafted…
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…