Pakistan and Taliban representatives have started peace talks. Pakistani media debate “whether a military operation or negotiations are the best solution to the Taliban insurgency,” reflecting deep divide between Pakistani secular liberals and religious conservatives, writes Shams uz Zaman for...
Click here for the article in Asia Times.
China’s vision for global order and skill at managing global economic affairs will be on display at the G20 Summit in Hangzhou. Other nations attending may expect answers on pressing concerns, from war in the Middle East and the refugee crisis to territorial disputes in the nearby South and East...
Rising China’s chance to shine: With the launch of the Asian Infrastructure Investment Bank under his belt, President Xi Jinping hopes to consolidate China’s leadership at the G20 summit in Hangzhou, top; Chinese President Hu Jintao with US...
Cooperation could prevent contagion stemming from the Greek debt crisis, explains Nayan Chanda, YaleGlobal’s editor, in a column for the Times of India. The 17 members of the eurozone shared a monetary policy without common fiscal regulation. Reckless borrowing ensued. A negotiated bailout requires...
The on-again off-again euro summit in Brussels has bought some time for the embattled currency by writing off half the Greek debt and setting up a $1.4 trillion rescue fund. But it won't be able to fend off vultures circling over a weakened euro for...
Economic crisis will leave no part of the globe untouched, yet it also offers widespread opportunity for citizens to assess priorities. Former UN Secretary-General Kofi Annan urges nations to select priorities that reshape and improve the world for the common good: "For the roots of this...
Click here for the article on The Times.
New York Times foreign affairs columnist and author Thomas L. Friedman talks about the next edition and updates to his bestselling book, "The World Is Flat," with Nayan Chanda, editor of YaleGlobal Online. A full transcript of their conversation follows.
Nayan Chanda: We have in our studio Tom Friedman, the foreign affairs columnist for The New York Times and author of “The World Is Flat.” Tom, welcome back.
Thomas L. Friedman: Great to be here, Nayan.
Chanda...
Investors and policymakers regard the Manufacturing Purchasing Managers Index, or PMI, as a leading indicator of economic activities. PMI above 50.0 implies a rise in activities, offering an optimistic forecast while a reading below that shows economic decline. With the wide spread of COVID-19...
China and the US wage war on multiple fronts – trade, tech, social media and communications. China takes steps to impose a National Security law for Hong Kong and that could extend a new front into finance and weaponization of capital, argues George Magnus for New Statesman. The United States has “...
In declaring an end to recession, economists fall into two camps: One side, including economists with the Obama administration, maintains high rates of unemployment are cyclical and jobs will return soon; others contend that the US economy confronts fundamental restructuring, with massive...
Long wait: Job-seekers queue up in front of the employment bureau in California
MEDFORD: Economists have declared the US recession to be over, yet a deep gloom hangs like a miasma over the country. The reason: Stubborn near double-digit unemployment...