Headlines

No promised US manufacturing boom as Trump tariffs ruled illegal

A panel of federal judges ruled Thursday that US President Donald Trump’s sweeping 10% tariffs on most imports are unlawful, another major legal blow to the centerpiece of the Republican president’s economic agenda – which has failed to produce the manufacturing boom he

Asia

Trump claiming Iran war ‘win’ – here’s the reality

Two months into the war in Iran, the reasons the US gave for launching this conflict – and Washington’s minimum criteria for claiming success – now appear unintelligible. So much so that US officials are now arguing the war had actually ended in America’s favor almost a month

Asia

EU-Japan joining hands to break China’s supply chain grip

This sharpening convergence was on full display in early May, when the EU and Japan convened the 7th High-Level Economic Dialogue (HLED) in Brussels. The meeting reflected a notable hardening of language and intent. European and Japanese officials focused squarely on

Asia

Rupiah rout stoking fears of a 1997 repeat in Indonesia

TOKYO – Indonesian officials are working overtime to dismiss any suggestion that Jakarta is catching a whiff of 1997 in the air. But the force of their interventions to steady the rupiah tells a very different story. Bank Indonesia is hemorrhaging currency reserves to put a

Asia

Japan’s ammonia push risks locking Indonesia into coal

In the uneasy politics of energy transition, few ideas are as seductive — or as risky — as compromise. Ammonia co-firing, now being advanced through Japan’s Asia Zero Emission Community (AZEC) at Indonesia’s Suralaya and Paiton coal plants, is one such compromise. It promises

Asia

Escalation risks rise as political centers weaken

Subscribe now with a one-month trial for only $1, then enjoy the first year at an exclusive rate of just $99. Berlin faces a new test as the AfD moves closer to powerDiego Faßnacht reports that Germany’s September election in Saxony-Anhalt is emerging as a national stress test

Asia

Iran weaponizes petroyuan in war reparations push

After weeks of blockades by Iran and the United States in the Strait of Hormuz, it’s clear the narrow waterway is now pivotal to the outcome of the conflict. The US has begun to escort ships through the narrow passage, but behind the military manoeuvring lies a deeper

Asia

Time to scrap constitutional constraints on Japan’s military

Despite constitutional constraints on its armed forces, Japan has continued to move closer toward military normalization this year. Although it is controversial, most countries in the Asia-Pacific region should welcome this trend. In April, Japan’s cabinet approved revisions to

Asia

Death toll rises to 37 in China fireworks factory blast

BEIJING, May 8 - The death toll has risen to 37 from 26 and one person remains missing after a fireworks factory explosion in the southern Chinese province of Hunan, state news agency Xinhua said on Friday, in the deadliest blast reported in China since 2019.

Asia