China’s mediation of the Saudi-Iran normalization agreement signals a potential break from its long-standing policy of keeping to a minimal and economically oriented regional footprint. By successfully bringing two of the Middle East’s bitterest rivals to the negotiation table, China aims to build credibility as a capable partner in a …

Few policymakers ever claim credit for causing stagnation and recessions. Yet, they do so all the time, justifying their actions by some supposedly higher purpose. Now, that higher purpose is checking inflation as if it is the worst option for people today. Many supposed economists make up tall tales that …

There has been a recent accelerating trend towards “de-dollarization” in emerging markets. According to media reports, on April 1, the Indian Ministry of Foreign Affairs announced that India and Malaysia had agreed to settle trade in Indian rupees. Earlier, India and Russia were also pushing for a local currency settlement …