The global order is no longer organised around shared rules. It is increasingly shaped by power, bargaining, and unilateral action. Trade, finance, technology, and security are no longer coordinated through stable frameworks but are subordinated to political alignment . Recent transatlantic developments make this shift visible. Equity markets fell  sharply and government bond yields rose not because of changes in inflation or growth expectations, but because of diplomatic thr

Trade wars don’t kill trade entirely, but they shrink and reroute it. That’s exactly what we’re seeing as tensions between the United...

The U.S. economy contracted in the first quarter of the year. It shrank by 0.3% on an annualized basis. At first glance, this datum...

Recent global developments have led many to draw parallels between our current era and the 1930s. The rise of nationalism, economic...