The rot needs to stop if public trust in government, already at a low, is to be restored. But the prospects for constructive reforms are poor.
It may take a further rise in Italian bond yields to remind the populist government’s leaders in Rome that their room for maneuver to operate with more debt is very limited.
A deep Turkish recession could lead to more migrants leaving Turkey for the EU. Currently more than three million Syrian refugees are living in Turkey.
If Trump has his way, the liberal market economy of the post-war period is ending. The Trump world proudly and unapologetically embraces mercantilism.
China’s refusal to cut back on Iranian oil purchases opens up another frontline with the U.S.
The courts move to the center of the U.S. political debate.
In the tit-for-tat retaliation gaming with the United States over imposing tariffs, China is at a disadvantage.
Far from strengthening the U.S. economy, Trump’s punitive tariffs destroy global supply chains.
For the sake of U.S. national security, it’s high time for Donald Trump to release all his tax returns in full. Otherwise, the calls that he is in Russia’s pocket will only grow louder.