Headlines

Water wars washing away South Asia’s fragile peace

On June 4, Pakistan said what most analysts had been thinking for over a year: India is weaponizing water. The trigger was a pair of infrastructure projects on the Chenab River — a ₹2,352 crore (US$246 million) tunnel to divert surplus Chenab water into the Beas basin in

Asia

Sino-West trade strains deepen on new tariffs and rules

New US tariffs and tougher EU regulations heighten pressure on China, raising the risk of retaliation and broader global trade conflagration. Mounting trade tensions involving China have become a significant source of concern for the global economy, reflecting a broader trend

Asia

How I learned to stop worrying and love American monopolies

For many years, I was a big proponent of the idea that increased market power was harming the US economy in various ways. In the 2010s, in the economics world, circumstantial evidence began to pile up, implicating increased industrial concentration as the culprit behind a

Asia

War heats up as Russia, Ukraine trade drone and missile attacks

Over the past month, there has been a notable increase in the intensity of the air war in Russia’s aggression against Ukraine. Strikes in mid- and late-May and early June have been characterised by significantly larger numbers of drones and missiles deployed by Russia in single

Asia

Beijing vows to retaliate as EU warns of China Shock 2.0

Beijing has threatened to retaliate after the European Union’s executive body called for a more robust response to the surge in cheap Chinese goods flooding its markets. Amid fears that a new wave of Chinese exports was gutting European manufacturing, the European Commission

Asia