By Gene Frieda July 10, 2026 The fragile peace in the Persian Gulf has shattered. Barely three weeks after the ink dried on a ceasefire agreement, the Strait of Hormuz—the world’s most critical maritime chokepoint—has once again become the epicenter of a global energy crisis. Following a series of targeted…
Global Economy
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By Shlomo Ben-Ami July 10, 2026 The recent signing of a trilateral framework agreement between Israel, Lebanon, and the United States has been hailed by diplomatic circles as a landmark achievement in Middle Eastern statecraft. Designed to serve as a roadmap for ending the protracted conflict in southern Lebanon, the…
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By Kenneth Rogoff July 3, 2026 PARIS — To the casual observer of global economic trends, the European Union is currently locked in a precarious state of stagnation. Beset by glacial growth rates, the crushing fiscal weight of aging welfare states, and a palpable shortage of centrist political leadership, the…
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By Barry Eichengreen July 3, 2026 The global financial markets are currently gripped by a fervor not seen since the dawn of the internet age. A wave of “mega-IPOs”—massive public offerings for companies at the vanguard of Artificial Intelligence, orbital logistics, and deep-space infrastructure—has unleashed a torrent of speculative enthusiasm.…