On a recent visit to Sapporo, the city on Japan’s northern island where my parents came from, my wife and I found gentle people, mild...
The latest sign that the yen problem is no longer purely Japan’s issue came this weekend from the Federal Reserve Bank of Kansas City’s annual...
In a Reuters photo from late July, US Treasury Secretary Scott Bessent can be seen holding a to-do list with just one item: purchase $5–10...
In his second term, President Donald Trump has turned extortion and coercion into central features of American statecraft, deploying tariffs, sanctions, and other forms of...
Concerns about an abrupt decline in global trade were greatly exaggerated at the beginning of 2025. The recent trade agreements signed by the US administration...
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