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Warsh’s rate hike a crapshoot for an already uneven US economy

From mortgages to auto loans to credit cards, borrowing is set to get even pricier. But the Federal Reserve’s decision on September 16, 2026, to hike its baseline interest rate also highlighted an increasingly confounding dilemma: It can raise the price of money across the

Asia

South Korea is the stark future of super-aged societies

In December 2024, the share of South Koreans ages 65 and older surpassed 20% for the first time, making it what demographers like us call a “super-aged society.” By August 2026 that share had risen further, to 22.1%. That label can sound like a diagnosis, but population aging

Asia

Should China really be teaching Indonesia how to negotiate?

Last week, Indonesia’s Coordinating Ministry for Economic Affairs sent 32 officials to China for a 14-day training course on how to negotiate international economic deals. The Academy for International Business Officials, a school under China’s Ministry of Commerce, is running

Asia

Houthis have further tightened their grip on the Red Sea

In recent days, the Houthi rebels in Yemen have moved with lightning speed along the Red Sea coast, taking control of the vital port of Mocha and strategic islands in the Red Sea near the Bab el-Mandeb Strait. This strait is an important chokepoint along the sea route that

Asia