Who will solve the AI productivity puzzle?
OpenAI and Anthropic last week both announced that they will launch private equity-backed consulting businesses to push their models into the workflows of mid-market companies. With backing from Blackstone, Hellman & Friedman...
Things are not going so well for Russia
It is not just its stalled advance in Ukraine and economic woes that are worrying the Kremlin. It is also a distant ‘near abroad’.
The...
India’s new globalization raj
The Indian market’s metamorphosis from a sequestered fortress into a vanguard of global trade is perhaps the most significant structural shift of the 21st-century world economy. The country has pivoted from a...
France gears up for big G7 summit
G7 trade ministers met in Paris last week for a key meeting focused on enhancing the West’s critical mineral supplies. However, the really big event in this year’s French presidency comes next...
Short-term frustrations should not drive US policies
Out of growing frustration with some European countries, in particular Germany, and their perceived unwillingness to support the US in the Middle East, President Donald Trump last week announced that he will...
EU, Gulf are partners in facing the challenges of a world in turmoil
On Saturday, Europe Day marks the anniversary of the 1950 Schuman Declaration, the foundation of the modern EU, a political project built on interdependence rather than rivalry, on law rather than force...
A concert for Hormuz
At its narrowest, the Strait of Hormuz spans barely 39 km — a slender ribbon of water that has long carried one-fifth of the world’s seaborne oil, the lifeblood of global commerce...
Iran will hurt itself with Strait of Hormuz power play
Iran is asking for acknowledgement of its sovereignty over the Strait of Hormuz. It knows that the US is being pushed into a corner by the absence of a silver bullet that...
Arab interests must define resolution of Strait of Hormuz crisis
The Strait of Hormuz has once again become one of the most sensitive geopolitical flashpoints in the world. Yet the current escalation should not be read as an unavoidable consequence of regional...
Justice, equality and a new economics for the 21st century
In the run-up to this year’s International Monetary Fund and World Bank Spring Meetings, the one story that cut through the noise was that the World Bank had embraced industrial policy after...