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Debt is determining the scope of Western defence

Politics Tomorrow's Affairs Staff - July 22, 2026.

The debt of developed countries is projected to reach a record 75.8 trillion dollars by the end of 2026. This year alone, it will increase...

The latest wave of Trump’s tariffs continues to harm America's economy

Economy Joseph E. Stiglitz - July 30, 2026.

Here he goes again. US President Donald Trump is increasing and decreasing tariffs willy-nilly, violating international agreements that he himself signed and almost surely violating...

US nuclear exception for Riyadh

Politics Tomorrow's Affairs Staff - July 23, 2026.

On 22 July, the United States and Saudi Arabia signed an agreement on civil nuclear cooperation and an accompanying bilateral safeguards agreement. The US Department...

States do not go broke; citizens do

Economy Emre Alkin - July 18, 2026.

Back in February 2025, I wrote an article titled “How Do Countries Fall into a Debt Spiral?” In that piece, I made a simple warning:...

What sort of aid system will emerge from the current retrenchment?

Globalization Nancy Qian - August 6, 2026.

Foreign aid is shrinking, but it is not disappearing. Even after the sharpest annual decline on record, OECD donors still provided $174.3 billion in assistance...

Wildfires in France and Spain drive tens of thousands of people from their homes

EU TA | AP Insight - July 26, 2026.

A raging wildfire in southwest France forced the evacuation of 55,000 people overnight Sunday, bringing the total forced out of their homes to a staggering...

Chinese mercantilism has been more globally consequential than any other economic shock

Globalization Arvind Subramanian - July 13, 2026.

In the long sweep of history, China’s economic performance over the past 50 years will obviously stand out for the sheer scale and pace of...

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