Project Syndicate
informed Summary
- Ukraine's counteroffensive needs support from Western countries to liberate Ukrainians living under Russian occupation, Anders Aslund writes in PS.
Economy4 min readinformed Summary
- In achieving a deal with the Republicans to avoid a government default, the Democrats surrendered unnecessarily both on policies and principle, James K. Galbraith writes in PS.
Politics4 min read- Project Syndicate
Is the two-state solution back?
informed Summary
- Palestinians in Gaza are experiencing a brief respite from Israeli bombardment due to an agreement between Israel and Hamas for the release of at least 50 Israeli hostages. However, without a durable solution, the fighting is expected to resume.
World Affairs1 min read - Project Syndicate
Gaza and the end of Germany’s Willkommenskultur
informed Summary
- German Chancellor Olaf Scholz has called for large-scale deportations of those who have no right to stay in Germany, reflecting a hardening sentiment on immigration policy in the country.
World Affairs1 min read - Project Syndicate
China’s Demographic Achilles’ Heel
informed Summary
- Both American and Chinese policymakers believe that China will eventually overtake the US as the world's largest economy, leading to a potential conflict between the two powers. This belief is based on the concept of the "Thucydides Trap," which describes the conflict that arises when an emerging power challenges an established one.
Economy4 min read - Project Syndicate
After Gaza
informed Summary
- A recent terrorist attack by Hamas on Israel, which resulted in around 1,600 deaths, has led to global affirmation of Israel's right to self-defence.
World Affairs1 min read - Project Syndicate
Poland’s ruling party lost, but will it leave?
informed Summary
- The Law and Justice (PiS) party, which has been in power in Poland since 2015, has indicated that it may not accept defeat gracefully after losing its majority in Sunday's parliamentary election.
Politics1 min read - Project Syndicate
The promise and peril of decarbonization
informed Summary
- To limit global warming to 1.5°C, decarbonizing the world is crucial, but pressuring emerging economies to reach net-zero emissions quickly could lead to an explosion of dollar-denominated debt and financial volatility.
Science1 min read - Project Syndicate
The global recovery is faltering
informed Summary
- The global economy is losing momentum due to a combination of short-term factors and long-term constraints such as geopolitical tensions, high public debt levels and aging populations.
Economy1 min read - Project Syndicate
How finance became the problem
informed Summary
- Finance has evolved from being a means to an end to becoming the driving force behind most decision-making, including by governments. This shift is referred to as financialization.
Finance4 min read - Project Syndicate
Chinese regulators give AI firms a helping hand
informed Summary
- China was among the first countries to introduce legislation regulating generative AI. But rather than stifling the industry, the government is actively seeking to support it.
Tech1 min read informed Summary
- The US Securities and Exchange Commission has filed lawsuits against Binance and Coinbase, the world's two largest cryptocurrency exchanges, accusing them of operating as unregistered securities exchanges.
Finance3 min readinformed Summary
- The world's 28 poorest countries are facing increasing social, economic and political distress due to rising debt burdens, diminishing development prospects and chronic underinvestment.
World Affairs4 min readinformed Summary
- Access to strategically important raw materials has historically been a key determinant of economic wealth and development.
World Affairs3 min readinformed Summary
- The U.S. is heading towards a presidential election with two likely candidates that don't appeal to most voters, setting the stage for further avoidable crises.
Politics4 min readinformed Summary
- China's development model, which has been seen as an alternative to the Washington Consensus, is facing increasing doubts about its sustainability as the country's economy shows signs of slowing down.
Economy4 min readinformed Summary
- Earlier this year, many predicted a global recession, but as of mid-2023, only China seems to be at risk of a prolonged economic slump. Stock markets are thriving in New York, London, Europe, and Tokyo, Koichi Hamada notes.
Economy3 min readinformed Summary
- As China faces economic slowdown, India's economy is on the rise, recently growing at a 7.8% annual rate in Q2 2023 and achieving significant milestones such as landing a spacecraft on the Moon’s south pole.
World Affairs4 min readinformed Summary
- The United Kingdom is set to host an international summit on the governance of artificial intelligence this November. The key decision that UK officials are grappling with is whether to extend an invitation to China or to keep the event exclusive to the G7 and other nations that are keen on preserving liberal democracy as the bedrock of a digital society.
Tech6 min readinformed Summary
- As an Asian democracy, India is well-positioned to capitalize on fraying relations between the U.S. and China. But the true picture is not as rosy as it might seem, argues Kaushik Basu in PS.
Economy3 min read
