Understanding the USA

A year after it warned them, Moody's Ratings has downgraded the US Government credit rating after things got worse, in a move that will put upward pressure on benchmark bond yields

A year after it warned them, Moody's Ratings has downgraded the US Government credit rating after things got worse, in a move that will put upward pressure on benchmark bond yields

David Mahon says China is responding to the US tariff war by focusing on its internal challenges while strengthening new alliances with the economic refugees of the fragmenting global order

David Mahon says China is responding to the US tariff war by focusing on its internal challenges while strengthening new alliances with the economic refugees of the fragmenting global order

Sergei Guriev explains what it will take to accommodate scholars and students looking for academic homes outside the America

Sergei Guriev explains what it will take to accommodate scholars and students looking for academic homes outside the America

Woo Wing Thye thinks cooperative multilateralism can mitigate the worst effects of the superpowers' tariffs on other countries

Woo Wing Thye thinks cooperative multilateralism can mitigate the worst effects of the superpowers' tariffs on other countries

Harold James observes that past efforts to link trade, monetary policy, and security merely proved ineffective

Harold James observes that past efforts to link trade, monetary policy, and security merely proved ineffective

Nouriel Roubini thinks the US economy is positioned to outperform over the medium term, despite the current destructive policymaking

Nouriel Roubini thinks the US economy is positioned to outperform over the medium term, despite the current destructive policymaking

Maurice Obstfeld warns that fragmenting capital markets are putting the greenback's global primacy at risk

Maurice Obstfeld warns that fragmenting capital markets are putting the greenback's global primacy at risk

Stephen Roach thinks Trump's tariffs and attacks on the Fed will make it difficult for the world to sidestep recession

Stephen Roach thinks Trump's tariffs and attacks on the Fed will make it difficult for the world to sidestep recession

Rabobank has a quick rundown on how the new sudden US tariffs will affect agri-exports, not only to the US, but also to our wider international trading partners

Rabobank has a quick rundown on how the new sudden US tariffs will affect agri-exports, not only to the US, but also to our wider international trading partners

The world at the end of March is a very different place than in January, says David Skilling. And this is only the start of disruptive change in the global economic & geopolitical system

The world at the end of March is a very different place than in January, says David Skilling. And this is only the start of disruptive change in the global economic & geopolitical system

Stephen Roach likens Donald Trump's reversal of America's global leadership role to a full-blown crisis, similar to Covid-19

Stephen Roach likens Donald Trump's reversal of America's global leadership role to a full-blown crisis, similar to Covid-19

Viewing from Beijing, David Mahon says China will benefit from the realignment of the US’ trading partners and adversaries, but China’s rise and stability can only be ensured by deepening its domestic economic reforms

Viewing from Beijing, David Mahon says China will benefit from the realignment of the US’ trading partners and adversaries, but China’s rise and stability can only be ensured by deepening its domestic economic reforms

Stephen Roach shows how the US president's policies could create the very problems he falsely claims to be confronting

Stephen Roach shows how the US president's policies could create the very problems he falsely claims to be confronting

Beyond the economic & political disruption in the US, David Skilling has identified ten recent developments around the world that provide insights on emerging global dynamics

Beyond the economic & political disruption in the US, David Skilling has identified ten recent developments around the world that provide insights on emerging global dynamics

Angela Huyue Zhang says DeepSeek's disruption of the AI industry is about market, not great-power, competition

Angela Huyue Zhang says DeepSeek's disruption of the AI industry is about market, not great-power, competition