In evidenza

Finding evidence of undeclared past nuclear activity in Iran shows the IAEA process is working (IISS)

With the International Atomic Energy Agency (IAEA) having recently concluded that traces of undeclared radioactive material were indeed found at a warehouse in Tehran, Mark Fitzpatrick argues the IAEA investigative process is working. A cooperative approach is the best way to provide for the greater access to suspect sites in Iran the IAEA needs if it is to resolve the issue.


Mark Fitzpatrick

In evidenza

US Navy’s new ‘cruiser’: changing the game? (IISS)

In the new, more contested maritime domain, the United States Navy has hinted that the new design of its future Large Surface Combatant will resemble the Zumwalt-class large destroyers. But given technology trends, the US Navy may end up looking for a different balance of platforms to sustain current capabilities, Nick Childs argues.

Nick Childs


In evidenza

Who Likes Facebook’s Libra Currency? Not the Chinese (PIIE)

Facebook’s announcement in June 2019 of plans to launch a “simple global currency” called Libra to “empower billions of people” to move money around the world with the ease of a text message has sparked predictable skepticism in the Trump administration, the US Congress, and the Federal Reserve. An equally revealing reaction, however, has come from China, which sees Libra as a threat to the comfortable lead it has enjoyed in financial technology or “fintech” since 2013. US officials need to pay attention to China’s response before setting rules that would stifle Facebook’s innovation before it can get off the ground.

Martin Chorzempa

In evidenza

Lagarde’s IMF Legacy: A Stronger but Still Vulnerable Fund (PIIE)

After eight years as managing director of the International Monetary Fund (IMF), Christine Lagarde will become the president of the European Central Bank on November 1. Her tenure at the Fund was not without mishap, but she served the institution and became a consummate diplomat, skillful communicator, and substantive innovator. Nevertheless, the IMF remains vulnerable to the centrifugal forces affecting the global economy and imperiling financial cooperation.

Edwin M. Truman

In evidenza

8 ways we need to change the way we eat (WEF)

There are serious challenges to global food supply everywhere we look. Intensive use of fertilisers in the US Midwest is causing nutrients to run off into rivers and streams, degrading the water quality and causing a Connecticut-size dead zonein the Gulf of Mexico. Chocolate production will soon be challenged in West Africa – home to over half of global production. A variety of nutritional impacts are predicted due to increased atmospheric carbon dioxide – including decreased protein content in food, which has a potential to exacerbate malnutrition. And this is just a very small sample of the risks to the food supply chain that are foreseen.

Michael Hamm – Oxford Martin Visiting Fellow, University of Oxford


In evidenza

How Islamic finance can build resilience to climate change (WEF)

In arid and semi-arid lands (ASALs), extreme weather manifestations such as droughts caused by prolonged dry spells, among other climate stressors, put ASALs at risk and intensify conflicts.

Maram Ahmed – Fellow, School of Oriental and African Studies (SOAS), University of London

In evidenza

‘Good enough’ global cooperation is key to our survival (WEF)

The future feels more threatening and ominous than ever. The sense of doom and gloom is deepening, not least in the West. The daily news headlines do not help. We are told that tensions between the US and North Korea, Iran, Russia or China could flare-up into a global conflagration.

Robert Muggah

In evidenza

Weather reports could soon be telling us about the role of climate change (WEF)

“It will be largely cloudy in the north-west today, with a medium risk of extreme flooding because of climate change…”

Charlotte Edmond

In evidenza

An open letter to Europe’s leaders (WEF)

2019 is a critical year for Europe. The rise of populist, nationalistic agendas has called into question the raison d´être of the European project and core European liberal values. With the new European Commission to be assembled this Autumn, now is the time to focus on a New Manifesto for Europe with fresh policy ideas. This open letter was written by the Global Future Council on Europe’s co-chairs, Miroslav Lajčák and Beatrice Weder di Mauro.

Miroslav Lajčák – Minister of Foreign and European Affairs, Ministry of Foreign Affairs of the Slovak Republic

Beatrice Weder di Mauro – Professor of Economics, University of Mainz

In evidenza

Iran’s FM urges US to stop selling arms to rogue states (IRNA)

Iran’s Foreign Minister Javad Zarif on Wednesday condemned the US policies in support of aggressors, arguing that Iran as a victim of such policies had no choice but to develope their own defense capacities.

In evidenza

FM Spox: Iran helps foreign tanker in Persian Gulf (IRNA)

Iranian Foreign Ministry spokesman said that Iran offered help to a foreign tanker with technical failure in territorial waters, adding that the routine practice of helping vessels in the Persian Gulf is going on.

In evidenza

United Nations Launches Multi-Partner Trust Fund Office to Support Cooperation on Safe, Orderly and Regular Migration (IOM)

UN Member States and UN entities Tuesday (16/07) unveiled a new trust fund in support of achieving safe, orderly and regular migration.


In evidenza

In Côte d’Ivoire Returning Migrants Work Together to Tackle Waste (Medium)

“I want to help improve the cleanliness of my city,” says Oumar, sitting proudly on his three-wheeled motorcycle. “In five years, Daloa will be the cleanest city in Côte d’Ivoire. Hopefully, we will be recognized internationally as the new Kigali, Rwanda’s capital city: The cleanest city in Africa!”

This article was written by Florence Kim at IOM Regional Office for West and Central Africa

In evidenza

When migrants go home, they bring back money, skills and ideas that can change a country (The Conversation)

Escaping violence, war, poverty and environmental disaster, more people than ever are migrating worldwide. Some 258 million people – 3.4% of the global population – live outside their country of birth.

Associate Professor of Sociology, Fort Lewis College

In evidenza

The Great Crypto Heist (Project-Syndicate)

Cryptocurrencies have given rise to an entire new criminal industry, comprising unregulated offshore exchanges, paid propagandists, and an army of scammers looking to fleece retail investors. Yet, despite the overwhelming evidence of rampant fraud and abuse, financial regulators and law-enforcement agencies remain asleep at the wheel.

Nouriel Roubini, a professor at NYU’s Stern School of Business and CEO of Roubini Macro Associates, was Senior Economist for International Affairs in the White House’s Council of Economic Advisers during the Clinton Administration. He has worked for the International Monetary Fund, the US Federal Reserve, and the World Bank.

In evidenza

China-Latin America cooperation benefits both peoples: spokesperson (Global Times)

The cooperation between China and Venezuela and the cooperation between China and Latin America adhere to the principles of mutual respect, equality and mutual benefits, and benefit both peoples, a Foreign Ministry spokesperson said Tuesday.

In evidenza

Alipay starts face-scanning solutions with beauty filters in China’s largest bookstore (Global Times)

Chinese payment and service platform Alipay started operating its facial recognition payment systems with beauty filters at Xinhua Bookstores, the largest bookstore in China, the company announced Tuesday.


In evidenza

Investors stay cautious on China’s sci-tech board as murky investmnet values emerge (Global Times)

China’s much-anticipated stock trading board for high-tech startups is off to a bounding start, as capital floods the new board with rising public anticipation for returns.

In evidenza

Meat market supply in China to remain stable: official (Global Times)

Pork prices in China are not to come down in the coming months as supply is expected to be tight in the second half of the year. With the increase of domestic output of substitutes, and rising quantities of imported pork, overall supply of the meat market is guaranteed, an official said.

In evidenza

Planned US-S. Korean military drill to threaten working-level negotiations, DPRK warns (Global Times)

Pyongyang might end the scheduled working-level negotiations with Washington if a planned joint military exercise between the United States and South Korea happens, the foreign ministry of the Democratic People’s Republic of Korea (DPRK) warned on Tuesday.

In evidenza

Coup-proofing? Making Sense of Turkey’s S-400 Decision (CSIS)

On July 12, Turkey received the first elements of the S-400, a fourth-generation surface-to-air Russian missile system. Few recent weapon sales have been as geopolitically charged as this one. U.S. officials have threatened both military and economic sanctions should Turkey acquire the Russian system.

Thomas Karako

In evidenza

Throwing Globalization Under the Container Ship? (CSIS)

Last week produced relatively few incendiary tweets about trade and not a lot of news, aside from the French digital services tax and the similar UK proposal, so I’ll take advantage of the void and discuss a bigger picture issue—the state of globalization.

William Reinsch

In evidenza

Dangerous Liaisons: Russian Cooperation with Iran in Syria (CSIS)

As tensions escalate between the United States and Iran in the Middle East, Russia is engaged in covert and overt cooperation with Iran in ways that undermine U.S. national security interests. This analysis of commercial satellite imagery at Tiyas Airbase in Syria indicates the scope and proximity of Russian and Iranian military ties. If Washington wants to contain Tehran and prevent further Iranian expansion, U.S. policymakers will need to increase pressure on Moscow to curb Tehran’s activites in countries like Syria.

In evidenza

The Fork Is Mightier than the Wall (Project-Syndicate)

A challenge as complex as migration cannot be addressed simply through stricter immigration laws, let alone a border wall like the one US President Donald Trump seeks to build on his country’s southern frontier with Mexico. Instead, policymakers must tackle migration’s underlying causes – beginning with a broken global food system.

In evidenza

China’s sanctions to show teeth to US firms (Global Times)

The Chinese foreign ministry said on Friday that China will impose sanctions on US firms selling weapons to the island of Taiwan. The announcement made a splash in the US. A US State Department spokesperson said on Monday it will “closely monitor any actions that would unfairly disadvantage US firms” while tried to find excuses for the arms sale to the island.


In evidenza

Patience and endurance best for China amid trade war (Global Times)

Maximum pressure has become standard practice in Washington. The recent fierce debate on immigration issues in the US explains why US President Donald Trump is more inclined to maximize pressure on China. It also makes us more aware that the policy China has stuck to in the China-US trade negotiations is correct. For China, the best way to deal with maximum pressure is to resist stress with patience and endurance.

By Li Qingqing

In evidenza

China, Russia and US define world order (Global Times)

In terms of global strategic architecture, China, Russia, and the US are crucial to the world. How can Beijing and Moscow deepen cooperation? How will the 2020 US presidential elections affect Russia-US ties? Global Times (GT) reporter Lu Yuanzhi talked to Andrey Kortunov (Kortunov), director general of the Russian International Affairs Council, on these issues at the sidelines of the Eighth World Peace Forum held in Beijing recently.


In evidenza

Internationalization of yuan can boost HK status as offshore financial hub (Global Times)

Beneath the recent unrest in the Hong Kong Special Administrative Region lie concerns about capital outflows. A private banking source in Hong Kong said that the super-rich have begun to shift their assets elsewhere, including to Singapore, the Straits Times reported.

By Hu Weijia

In evidenza

China’s single market still has great dividend potential in consumer sectors (Global Times)

Some people attribute the success of China’s reform and opening-up to the “demographic dividend,” which is certainly not a comprehensive understanding. It would be a big mistake if we still regard the demographic dividend as a large supply of cheap labor. In my opinion, the broad concept of the demographic dividend should be classified into three levels: The first is the “cheap labor dividend,” the second is the “engineer dividend,” and the third is the “single market dividend.”

By Liu Ge

In evidenza

Zimbabwe’s International Engagement (Chatham House)

Zimbabwe’s foreign minister discusses his country’s prospects for international engagement two years after leadership change.


Honourable Minister Lt General (Rtd) Dr S.B. Moyo, Minister of Foreign Affairs and International Trade, Republic of Zimbabwe
Chair: David Simon, Professor of Development Geography, Royal Holloway, University of London; Director, Mistra Urban Futures, Gothenburg, Sweden

In evidenza

Brent Harris on Facebook’s Approach to Content Oversight (Chatham House)

Facebook’s director of global affairs speaks to Thomas Farrar about the launch of the company’s oversight board, competition and government regulation.

Thomas Farrar, Brent Harris

In evidenza

The Minsk Agreements Rest on Incompatible Views of Sovereignty (Chatham House)

Implementing the agreements to end the war in eastern Ukraine means that either Ukraine’s view must prevail, or Russia’s view must prevail. Western governments should be unequivocal in their defence of Ukraine’s.

Duncan Allan

In evidenza

Why Economics is Driving Conflict in the Middle East and North Africa (Chatham House)

Examining the common economic factors that continue to drive conflict in Iraq, Libya, Syria and Yemen, which have killed hundreds of thousands of people and displaced millions.


Tim Eaton, Research Fellow, Middle East and North Africa Programme, Chatham House
Dr Renad Mansour, Research Fellow, Middle East and North Africa Programme, Chatham House
Dr Christine Cheng, Lecturer in War Studies, King’s College London
Jihad Yazigi, Journalist and Analyst

In evidenza

Securing 5G Networks (Brookings, CFR)

5G networks could revolutionize the digital economy, but with this opportunity come major cybersecurity challenges. U.S. policymakers need to respond using technical and regulatory measures, diplomacy, and investments in cybersecurity skills training.

In evidenza

Rep. Ruiz’s arbitration proposal for surprise billing (H.R. 3502) would lead to much higher costs and deficits (Brookings)

Rep. Ruiz’s arbitration proposal for surprise billing (H.R. 3502) would lead to much higher costs and deficits

Loren AdlerErin DuffyPaul B. GinsburgMark HallErin Trish, and Christen Linke Young

In evidenza

Will Facebook’s Libra Turn into a Cancer? (Project-Syndicate)

Facebook’s planned cyber currency, Libra, is little more than a glorified currency board – the failed arrangement that in 2001 caused the largest sovereign default the world had ever seen. A major risk is devaluation – and the problems don’t stop there.

Roberto Chang is Distinguished Professor of Economics at Rutgers University.

Andrés Velasco, a former presidential candidate and finance minister of Chile, is Dean of the School of Public Policy at the London School of Economics and Political Science. He is the author of numerous books and papers on international economics and development, and has served on the faculty at Harvard, Columbia, and New York Universities.

In evidenza

A Woman in the White House? Yes, She Can (Project-Syndicate)

A record number of women have thrown their hats into the ring to be the Democratic nominee in the 2020 US presidential election. But with the party still reeling from Hillary Clinton’s devastating loss in 2016, many are asking, “Can a woman beat Donald Trump?”

Elmira Bayrasli is the co-founder and CEO of Foreign Policy Interrupted and the author of From The Other Side of The World: Extraordinary Entrepreneurs, Unlikely Places.

Anne-Marie Slaughter, a former director of policy planning in the US State Department (2009-2011), is President and CEO of the think tank New America, Professor Emerita of Politics and International Affairs at Princeton University, and the author of Unfinished Business: Women Men Work Family.

In evidenza

The silo problem: Connecting the UN’s efforts to promote sustainable development and prevent violent extremism (Brookings)

The silo problem: Connecting the UN’s efforts to promote sustainable development and prevent violent extremism

Eric Rosand and Sanam Naraghi-Anderlini

In evidenza

Talks between Sudan’s military council, opposition delayed again (Global Times)

The talks scheduled for Sunday between Sudan’s Transitional Military Council (TMC) and the opposition Freedom and Change Alliance were postponed again, official SUNA news agency reported.

In evidenza

France, Germany, UK warn Iran nuke deal will collapse unless talks resume (Global Times)

Leaders of France, Germany and Britain, European signatories of Iran 2015 nuclear agreement, on Sunday said they are “extremely concerned” by the fuelling tension in the Gulf region, which they said likely to put the accord at risk unless the concerned parties join the same table of talks.

In evidenza

Keep the PFLP on the EU Terror List (Middle East Forum)

Since placing the Popular Front for the Liberation of Palestine (PFLP) on its terrorist list in June 2002, the European Union (EU) has been subjected to sustained pressure to revoke its decision. The push has come not only from the Palestine Liberation Organization (PLO), the terrorist group’s parent organization, but also from left-wing EU parliamentarians and Western nongovernmental organizations (NGOs).

by Jan Kapusnak

In evidenza

Are the Insurgencies Truly Over? The End of the Syrian Civil War (Middle East Forum)

While the so-called Islamic State (ISIS) has lost control of its statelet in Iraq and Syria, the war against the remnants of the organization is not over, despite President Trump’s claim to the contrary. Anti-Assad rebels still control various parts of Syria with non-ISIS jihadis controlling Idlib in the northwest and the Kurds commanding the northeast. Fighting over these enclaves will likely occupy the immediate future. In addition, any “deescalation” agreements remain subject to collapse or cancellation at the convenience of Assad and his backers. But the longer-term question is what happens next? Will the wars in Syria and Iraq finally end, or will there be another round of insurgencies? And will ISIS again go underground to rebuild as it has before?

by Thomas R. McCabe


In evidenza

How Jordan Can Cope. The End of the Syrian Civil War (Middle East Forum)

The Syrian civil war produced one of the largest, longest, and most complex humanitarian crises of the twenty-first century. More than twelve million people have fled to Arab and Western countries since June 2011, including over 1.4 million to Jordan, equivalent to 14 percent of the Jordanian population.

In evidenza

The Many Implications. The End of the Syrian Civil War (Middle East Forum)

The civil war that raged in Syria over the past eight years seems to be drawing to a close. In July 2018, the Syrian regime regained control of the southern part of the country, including the town of Dar’a where the revolt began in March 2011. Five months later in December 2018, U.S. president Donald Trump announced his decision to withdraw U.S. troops from Syria, driving the final nail in the coffin of the rebellion.

In evidenza

Space Exploration and U.S. Competitiveness (CFR)

U.S. space exploration inspired a generation of students and innovators, but NASA’s role has diminished, and the number of global space competitors is growing.

 by Steven J. Markovich and Andrew Chatzky

In evidenza

Woodford Weighs Sale of Stake in Subprime Lender NSF (Bloomberg)

Struggling stock picker Neil Woodford is considering exiting part or all of his stake in U.K. subprime lender Non-Standard Finance Plc, people with knowledge of the matter said, as the crisis-hit investment manager looks to liquidate more of his holdings.

By , and 

In evidenza

Bonds Are Sliding and Analysts Are Struggling for an Explanation (Bloomberg)

The global selloff in long-dated bonds is dividing opinion among traders and analysts. Some explain it as profit taking, others point to the stronger-than-expected U.S. inflation data, and a few are flagging the possibility of a so-called reflation trade.

By  and  

In evidenza

Singaporean experts suggest establishment of ministry of aging (WEF,

A new Ministry of Ageing, coordinating closely with the Manpower and Education Ministries, could help the authorities resolve emerging challenges such as the displacement of mature professionals, managers, executives and technicians (PMETs) due to automation, reported Vietnam News Agency (VNA).

In evidenza

Azerbaijan’s Military Exercises Send Defiant Message to Armenia (The Jamestown Foundation)

The armed forces of Azerbaijan and Turkey conducted two late-spring joint exercises, around Baku (on May 1–3) and in the Azerbaijani exclave of Nakhchivan (June 7–11). The goal of these drills was to increase the level of coordination and interoperability between the two militaries, to fulfill joint combat operations, and instruct Azerbaijani servicemen on how to use Turkish weapons (, June 6;, April 2224May 13June 7).

In evidenza

Romania Sees Need to Overhaul Its Policy Toward Moldova (Part Two) (The Jamestown Foundation)

The Romanian government’s multi-year bet on Vladimir Plahotniuc in Moldova collapsed when his personal power succumbed to internal and external challenges. Warning signs had pointed the way to this outcome, but Bucharest responded each time by doubling down on its political investment in Plahotniuc. The lessons-learned process will, at a minimum, reveal the pitfalls to be avoided as Romania rebuilds its relationship with Moldova (see Part One in EDM, July 10).

In evidenza

Domestic and International Considerations Hamper Development of Russo-Chinese Rail Links (The Jamestown Foundation)

The common desire of Moscow and Beijing to develop railways linking Asia with Europe is not making as much progress as the two parties had hoped or as many had expected. This is due in part to international concerns involving third countries, including the Central Asian states, but it mostly stems from domestic political considerations inside Russia.

In evidenza

‘Losharik’ Submersible Disaster Handicaps Russian Naval Operations (The Jamestown Foundation)

On July 1, a secretive Russian AC-31 (Project 10831) nuclear-powered submersible suffered a deadly onboard fire and explosion while operating underwater in the Barents Sea, close to the entrance to the Kola Bay (the Murmansk Fjord). Fourteen members of the AC-31 crew—including all senior officers aboard—perished in the fire.

In evidenza

S. Korea proposes probe by int’l body over strategic materials handling issue (Global Times)

South Korea’s presidential National Security Office (NSO) on Friday proposed to Japan that the two countries jointly ask an international body to probe into the handling of strategic materials by both countries after Japan’s indication of South Korea having illegally smuggled the materials to the Democratic People’s Republic of Korea (DPRK).

In evidenza

US retaliates with investigation as France taxes digital giants (Global Times)

US trade authorities have initiated an investigation against France’s decision to tax digital giants, which are mostly US-based.
The French Parliament passed a new law to tax digital giants on Thursday, making France one of the first countries to tax “GAFA” companies, namely Google, Amazon, Facebook and Apple. In response, the United States Trade Representative (USTR) announced that it has initiated an investigation against the French law and its impact on US businesses.

In evidenza

2nd import expo to have 5G network coverage (Global Times)

The National Exhibition and Convention Center in Shanghai, the venue for the annual China International Import Expo (CIIE), is under construction to increase 5G coverage and expand its exhibition area, preparing for the second CIIE slated to take place this November.

In evidenza

‘Voice of reason’ on the rise in HK (Global Times)

After violent clashes on the streets of Hong Kong and political rants interrupted normal lives, a wave of anti-violence and rational sentiment has been gaining strength over the past few days, creating what many argue is a necessary response to radical elements that put the city’s prosperity at risk.

By Chen Qingqing and Wang Cong

In evidenza

EX-UK official: Europe trying to circumvent US sanctions (IRNA)

Former foreign secretary of Britain said huge efforts are underway by European countries to find a way for implementing the Instrument in Support of Trade Exchanges (INSTEX).

In evidenza

Iranians unanimous to reduce nuclear undertakings: Senior cleric (IRNA)

All the Iranian officials are unanimous that the country has to reduce its commitments under the 2015 nuclear deal with world powers, according to Tehran’s interim Friday prayers leader Hojjatoleslam Kazem Seddiqi.

In evidenza

Recent meeting of IAEA’s Board of Governors lesson for US: Russia (IRNA)

Russia’s Foreign Ministry spokeswoman noted that at the IAEA Board of Governors’ meeting, no country supported the US’ policies against Iran; instead, they called for implementation of the JCPOA to teach a lesson to the United States.

In evidenza

Aggressors to face crushing response from Iran: Minister (IRNA)

The Minister of Defense in response to the recent threats of the Zionist regime said that any enemy at each level who intends to violate the territorial integrity of Iran will get a decisive and crushing response.

In evidenza

How We Tamed the F-35’s Spiraling Costs — and Created a Model for Controlling Waste (Defense One)

The former defense secretary says defending America means defending taxpayers’ dollars


In evidenza

Russian Warship Enters Ukrainian Gunfire Exercise Area, Creating ‘Dangerous Situation’ (Defense One)

The area was being used during a U.S.-Ukraine-led exercise in the Black Sea


In evidenza

Tanker showdown in the gulf; Russia’s ‘alarming’ stance on Arctic shipping; 3-star picked to lead Navy; VCJCS nom accused, cleared; And a bit more (Defense One)

Three Iranian paramilitary ships tried to block a 140,000-ton BP oil tanker in the Hormuz Strait, but the situation changed “dramatically” once an accompanying British warship, HMSMontrose, pointed its guns at the trio, according to the UKMinistry of Defence.


In evidenza

The World Needs A Water Treaty – Analysis (Eurasia Review)

During the face-off earlier this year between India and Pakistan over a terrorist attack that killed more than 40 Indian paramilitaries in Kashmir, New Delhi made an existential threat to Islamabad. The weapon was not India’s considerable nuclear arsenal, but one still capable of inflicting ruinous destruction: water.

By Conn Hallinan

In evidenza

Donald Trump’s “Obama Moments” in Syria and the Gulf (BESA Center)

The continuing bombardment of the Syrian province of Idlib by Russia, Iran, and Syrian dictator Bashar Assad has been ignored for far too long by the international community. Attention must be paid – in particular by  Donald Trump, who is showing himself worryingly prone to “Obama moments” of hesitation and lack of resolve.


In evidenza

Disowning Ben-Gurion’s Vision (BESA Center)

The rejection by Israeli intellectuals of Jewish spiritual and political activism, as exemplified in the preaching and actions of Rabbi Akiva, who was executed by the Romans for his support of the Bar-Kochba revolt (132-35 CE), runs counter to the thinking of David Ben-Gurion, who considered himself a disciple and successor of the eminent sage.


In evidenza

Russia’s and China’s Geopolitical Offensive in Africa (BESA Center)

Both China and Russia have increased their influence on the African continent through money, diplomacy, and other measures – efforts that go directly against US interests. Washington has paid little attention to Africa and will find it difficult to compete with Moscow and Beijing, particularly as other geopolitical theaters require its immediate attention.


In evidenza

Close Iran, Turkey ties will stop terrorism in region: Official (IRNA)

Governor of Hakkari province of Turkey, referring to very close ties between Iran and Turkey in recent years, said that these strong ties are the main obstacle to the terrorist activities in the region.

In evidenza

Iran FM Spox urges Britain to speedily free Iranian tanker (IRNA)

Iranian Foreign Ministry spokesman Abbas Mousavi said London’s claims about the seizure of Iran’s oil tanker are legally irrelevant and urged British to free the tanker as soon as possible.

In evidenza

Iran, Russia underscore expansion of technology ties (IRNA)

Iran’s Vice President for Science and Technology and the senior assistant of the Russian President in science and technology, in a meeting in Moscow, emphasized the growing trend of Iran-Russia cooperation in this field.

In evidenza

France; step by step in hope of rescuing JCPOA (IRNA)

Following the rise in the tensions between Iran and the United States, and Tehran’s determination to reduce commitment in the 2015 nuclear deal known as the JCPOA, France seeks to become an effective and influential actor in this regard.

In evidenza

Joint Declaration of ASEAN Defense Ministers on Sustainable Security signed in Bangkok (Global Times)

Defense Ministers of ASEAN (Association of Southeast Asian Nations) have signed the Joint Declaration on Sustainable Security here on Thursday to promote cooperation among ASEAN to counter non-traditional, transnational threats.

In evidenza

Nearly 7 out of 10 S. Koreans say to participate in boycotting Japanese products: poll (Global Times)

Almost seven out of 10 South Koreans said they will participate in boycotting Japanese products, a poll showed Thursday, amid a trade row in which Japan imposed tighter control on its export to South Korea of materials key to the South Korean tech industry.

In evidenza

US retaliates with investigation as France taxes digital giants (Global Times)

US trade authorities have initiated an investigation against France’s decision to tax digital giants, which are mostly US-based.
The French Parliament passed a new law to tax digital giants on Thursday, making France one of the first countries to tax “GAFA” companies, namely Google, Amazon, Facebook and Apple. In response, the United States Trade Representative (USTR) announced that it has initiated an investigation against the French law and its impact on US businesses.

In evidenza

Chinese vice premier stresses friendly communication, pragmatic cooperation with DPRK (Global Times)

Vice Premier Hu Chunhua on Thursday called on China and the Democratic People’s Republic of Korea (DPRK) to promote friendly communication and pragmatic cooperation to better benefit the two countries and peoples.

In evidenza

22 nations biased on governance of Xinjiang (Global Times)

Eighteen European countries, plus Canada, Japan, Australia and New Zealand sent an open letter on Wednesday to the UN High Commissioner for Human Rights and the UN Human Rights Council (UNHRC) president. They recklessly attacked China’s governance of Xinjiang, smearing Xinjiang’s vocational education and training centers as “large-scale places of detention.”


In evidenza

Western countries should learn to adapt to Chinese standards (Global Times)

The latest example of Chinese standards being recognized and applied overseas is the first-ever expressway in Ulan Bator, the capital and largest city of Mongolia. The expressway, which was put into operation on Wednesday, was built completely in accordance with Chinese construction and technological standards.

By Yu Jincui

In evidenza

Australia, China should seek common ground (Global Times)

As the two countries have a strong economic relationship, Australia should be China’s best friend in the West, Steve Howard (Howard), secretary general of the Australia-based Global Foundation, said at the Eighth World Peace Forum Tuesday in Beijing. By saying, “If China catches a cold, the world gets influenza and Australia gets pneumonia,” he underlined the importance of China-Australia relations with an aphorism. Why have bilateral relations become strained in the past two years? How can Australia and China overcome challenges to reset ties? Howard shared his opinions with Global Times (GT) reporters Yu Jincui and Bai Yunyi.


In evidenza

Youth may stir but not rock US politics (Global Times)

US women’s national soccer team co-captain Megan Rapinoe’s feuding with President Donald Trump in late June has drawn eyeballs. Rapinoe said she would not go to the White House if invited. So, after the US team claimed victory and Trump tweeted his congratulations, quite a few young Americans made a fuss about it.

By Zhang Wenzong

In evidenza

World must weigh moves as Trump pressures Fed (Global Times)

US Federal Reserve Chairman Jerome Powell on Wednesday signaled that the Fed would likely cut interest rates as soon as this month. It’s highly unusual for the Fed to lower interest rates at a time when the economy has been growing quickly and unemployment is low.

By Hu Weijia

In evidenza

Common transport infrastructure: Welfare effects of the Belt and Road Initiative (VOX)

In evidenza

Highways can do more for women (VOX)

There has been increasing interest in how infrastructure can help close gender gaps in developing countries. Based on studies of various highway investment programmes in Asia, this column reveals how highways can help women can seize better jobs if they are already employed. Compared with men, however, women have some distinct demands from road corridor programmes and could face gender-specific risks, notably during the construction of the highways.

Martin Melecky

In evidenza

India’s Growth Rate Has Probably Been Overestimated for Years (PIIE)

The promise of democracy is the periodic opportunity it creates for fresh beginnings. A government re-elected with such a resounding mandate should continue with the successful aspects of its economic policies. The most notable has been promoting economic inclusion via the public provision of essential private goods and services, including toilets, housing, power, cooking gas, bank accounts, emergency medical assistance, and now a basic income for all farmers.

Arvind Subramanian

In evidenza

Preparing for Digital Transformation (Chatham House)

Drawing on their varied experiences, the panellists discuss where and how the intersection and implementation of technology is likely to cause most vulnerability.

Tom Siebel, CEO,; Author, Digital Transformation: Survive and Thrive in an Era of Mass Extinction
Conor Kehoe, Senior Partner Emeritus; Special Adviser, McKinsey & Co.
Bernice Lee OBE, Research Director, Global Economy and Finance; Executive Director, Hoffmann Centre for Sustainable Resource Economy, Chatham House
Chair: Dr Robin Niblett CMG, Director, Chatham House

In evidenza

Shaping the Future We Want: Opening Remarks, Day 2 (Chatham House)

Robin Niblett, director of Chatham House, in conversation with Gorkan Ahmetoglu, associate professor of business psychology, University College London

Robin Niblett CMG, Director, Chatham House
Gorkan Ahmetoglu, Associate Professor of Business Psychology, University College London

In evidenza

A Central Bank as the Symbol of Turkey’s Political Thriller (Carnegie Europe)

As Turkey continues to forge its own economic and political path, the issue is how much more damage the current system of governance will inflict on the country, and how long and costly fixing the destruction will be.



In evidenza

Is Immortality Worth It? (Project-Syndicate)

Almost everyone would welcome an extension of their healthy lifespan, and some scientists are looking at increasingly extreme ways to achieve that. But any major breakthrough in this area could have unwanted and far-reaching demographic, social, and economic implications.

Martin Rees, a cosmologist and astrophysicist, has been Britain’s Astronomer Royal since 1995. He is a former Master of Trinity College, Cambridge, and former President of the Royal Society.

In evidenza

The Art of Wait and See (Project-Syndicate)

Following yet another “truce” between US President Donald Trump and Chinese President Xi Jinping, Sino-American negotiations over trade, technology, and related issues appear to be back on. But those hoping for a respite in the escalating rivalry should not hold their breath.

Keyu Jin, Professor of Economics at the London School of Economics, is a World Economic Forum Young Global Leader

In evidenza

America’s Captive Labor (Project-Syndicate)

Many Americans may assume that the country’s convict-labor system is a thing of the past, especially given unflattering media coverage of other countries’ reliance on prison labor to produce export goods. But in 2005 – the most recent year for which countrywide data is available – America’s convict-labor system accounted for 4.2% of total manufacturing employment.

Michael Poyker is a postdoctoral research fellow at Columbia University’s Graduate Business School.

In evidenza

Making the Most of the Malaria Vaccine (Project-Syndicate)

The first vaccine shown to provide partial protection against malaria in young children is now being made available through routine immunization programs in parts of Sub-Saharan Africa. But those programs – and the health systems in which they operate – have serious weaknesses.

Ifeanyi M. Nsofor, a medical doctor, is CEO of EpiAFRIC, Director of Policy and Advocacy for Nigeria Health Watch, and 2019 Atlantic Fellow for Health Equity at George Washington University.

In evidenza

68% of world population to live in urban areas by 2050: UN Chief (IRNA)

United Nations Secretary-General Antonio Guterres in his message on World Population Day, July 11, said with 68 percent of the world population projected to live in urban areas by 2050, sustainable development and climate change will increasingly depend on the successful management of urban growth.

In evidenza

French president aide offers suggestion for controlling tension: Zarif (IRNA)

Iran’s Foreign Minister Mohammad-Javad Zarif told reporters on Thursday that the advisor to the French president during his trip to Tehran has offered a suggestion for preventing the rise in tensions.

In evidenza

Iran’s FM Zarif: US experiences another political defeat at IAEA BoG (IRNA)

Iranian Foreign Minister Mohammad Javad Zarif believes that the United States has been defeated politically as it could not make even a sentence of a statement at the IAEA against Iran

In evidenza

IAEA Board of Governors’ meeting brings nothing for US: Iran envoy (IRNA)

Iran’s Ambassador and Permanent Representative to the International Organizations in Vienna Kazzem Gharibabadi said on Thursday that the IAEA Board of Governors’ meeting in the Austrian capital had no outcome for the US.

In evidenza

Astana peace talks on Syria meeting to be held in early August (IRNA)

The high-level Astana peace talks meeting on Syria will be held in Nur-Sultan, Kazakhstan in the beginning of August, followed by a summit in Turkey, Russian Special Presidential Envoy for the Middle East and Africa, Deputy Foreign Minister Mikhail Bogdanov told reporters on Wednesday.

In evidenza

China’s social security funds to be replenished with state capital (Global Times)

China will replenish social security funds through the injection of state capital this year to make the funds more sustainable. Policies to reduce employers’ contributions to social insurance schemes will be further implemented to ensure that pensions are paid on time and in full.

In evidenza

China approves new firm to replace defunct Anbang Insurance (Global Times)

China’s insurance regulator on Thursday announced its approval to set up a new company called Dajia Insurance Group to take over the assets of Anbang, a giant conglomerate that has been under state control for over a year.

In evidenza

City of London seeks cooperation with China on fintech (Global Times)

The Lord Mayor of the City of London Peter Estlin is traveling to China on July 12 and 13, seeking to explore greater collaboration after the 10th China-UK Economic and Financial Dialogue held in London in June. Estlin will join discussions on fintech and future of the Shanghai-London Stock Connect in Shanghai, Hangzhou and Suzhou. Ahead of the visit, Global Times London correspondent Sun Wei (GT) interviewed Estlin (Estlin) at the Mansion House to seek his opinion on China’s further opening-up of its financial market.

By Sun Wei

In evidenza

Strong triangular cooperation crucial for peacekeeping operations: UN official (Global Times)

The UN peacekeeping chief said Wednesday that strong triangular cooperation — namely between the UN Security Council, the troop/police-contributing countries (T/PCCs) and the UN Secretariat — is crucial for enhancing peacekeeping operations.

In evidenza

Messy world needs China’s stability (Global Times)

Various conflicts between countries, which seem freakish from a traditional perspective, constantly take place. After reports revealed that the British Ambassador to the US privately dissed US President Donald Trump in leaked cables back to the British foreign ministry, Trump called him “a very stupid guy” and took the chance to lash out at Prime Minister Theresa May. UK Foreign Secretary Jeremy Hunt said Trump’s behavior was “disrespectful.”


In evidenza

Patriotic theme in Mulan film shouldn’t be politicized (Global Times)

“She appears solemn and resolute: Mulan is a now robotic warrior… It feels like Disney is waving a big red flag in everyone’s faces in its desperation to secure success at the Chinese box office.” This is an excerpt from a review published in The Guardian’s website on Monday. The review, written by Jingan Young, focused on Disney’s official Mulan trailer. The article said Mulan has been transformed into a “patriotic saga.”

By Li Qingqing

In evidenza

Prosperity rides on better connectivity (Global Times)

An old Chinese proverb goes, “Frequent shifts make a tree dead but a person prosperous.” “Shifts” here are used to convey a sense of movement. How can people move from one place to another? It needs road, rail, air and water connectivity – an implication of multimodal transport. One of the objectives of the China-proposed Belt and Road Initiative (BRI) is connectivity – making people, funds and resources flow.

By Ding Gang

In evidenza

Exports, not barriers, can help India cut trade gap (Global Times)

US President Donald Trump said Tuesday that “India has long had a field day putting Tariffs on American products. No longer acceptable!” If the US starts a trade war with India, this is of course bad news for New Delhi, while China is also likely to feel the pain.

By Hu Weijia

In evidenza

China’s manufacturers and market take the lead to embrace green vehicles (Global Times)

Although overall car sales in China have waned in the past 10 months, electric vehicles (EVs) have picked up the slack, thanks to the government’s steadfast efforts to spur consumption of green cars. The plan is to cut the country’s heavy reliance on imported oil and to reduce petrol-fired vehicles’ choking tail-gas emissions.

By Wen Sheng

In evidenza

Aid links: environmental ethics, a tech edge in managing cities, more (The Interpreter)

The UK pledges to combat a climate emergency, laggards in
fighting HIV, and stories from the aid and development sector.


In evidenza

Why Investors Should Go Beyond African GDP (Project-Syndicate)

Amid bleak GDP-based forecasts of Africa’s economic performance, some investors are tempted to write off the entire continent. But those who seize opportunities to gain an accurate and nuanced picture of Africa’s economic performance and prospects could reap vast rewards.

Paulo Gomes, a former executive director at the World Bank Group and principal adviser in Guinea Bissau’s Ministry of Finance, is the Founder of Constelor Investment and a co-founder of New African Capital Partners.

In evidenza

Assessing the preferences in preferential trade (VOX)

Preferential trade agreements cover more than half of world trade. This column argues that while the 280 preferential trade agreements in existence have substantially widened the scope of free trade and reduced average applied tariffs, they have struggled against traditional bastions of protection in poorer countries and have not been able to eliminate the high levels of protection for a handful of sensitive products. While preference margins offered to partners in such agreements seem large, their significance shrinks when competition from both preferential and non-preferential sources is considered.

Alvaro Espitia, Aaditya Mattoo, Mondher Mimouni, Xavier Pichot, Nadia Rocha

In evidenza

India’s Right to Education Act: Trends in enrollment, test scores, and school quality (VOX)

A decade ago, India joined a range of countries that mandate free, compulsory education for school-aged children. Passed in August 2009, India’s Right to Education Act was potentially transformative legislation, yet detailed analysis of its impact on the country’s educational outcomes has been slow to emerge. This column uses three national datasets to consider whether the Act is associated with changes in student enrolment, test scores, student-teacher ratios, school infrastructure, and other indicators of educational health and standing.

Manisha Shah

In evidenza

‘Business as usual’ will not achieve global education goals (WEF)

The generation that should finish secondary school by 2030 is now entering classrooms. But based on current trends, one in six children will still be out of school in 2030 and only six out of 10 young people will be completing secondary education.

Silvia Montoya – Director, UNESCO Institute for Statistics

Manos Antoninis – Director, Global Education Monitoring report, UNESCO

In evidenza

Afghanistan Diplomacy Gathers Steam Even as Attacks Increase (ICG)

This week the Afghan government and Taliban met publicly for the first time – albeit informally – for a peace dialogue. Crisis Group’s Senior Afghanistan Analyst Borhan Osman explains what the talks mean and what may lie ahead.

Borhan Osman

In evidenza

The US Protects the Global Commons. Others Can Police Its Choke Points (Defense One)

Trump’s not wrong when he says European, Mideast, and Asian nations should do more to protect Gulf shipping.


In evidenza

Britain’s Options for Its Ambassador: Defend or Dismiss (Defense One)

The U.K. is left with two seemingly impossible choices after President Trump’s assertion that “we will no longer deal with” Sir Kim Darroch.


In evidenza

Business association CEO optimistic about prospect of US-China economic ties (Global Times)

A US business association leader said here on Tuesday that he is bullish on the prospect of US-China economic cooperation as history has proven that bilateral cooperation can create tremendous gains.


In evidenza

Greater Bay Area plan offers unprecedented opportunities to HK youth (Global Times)

Dressed in suit, Angus Ng Hok Ming rushed into West Kowloon Railway Station at noon on Friday and headed toward South China’s Guangzhou. The 37-year-old entrepreneur has now become a regular traveler between the Hong Kong Special Administrative Region (HKSAR) and the Chinese mainland as he eyes growing opportunities under the plan for the development of a new Greater Bay Area.

By Chen Qingqing

In evidenza

Nigerian scholar’s book explains why China relationship is so valuable for Africa (Global Times)

After one year hidden away in his study, Nigerian scholar-businessman Charles Okeke has returned with his second book about China – this time he is trying to decode China-Africa relations, in particular the abundant trade and investment ties brought by the China-proposed massive Belt and Road Initiative.

By Li Qian

In evidenza

Don’t let external forces ruin Hong Kong’s future (Global Times)

US Secretary of State Mike Pompeo Monday met with the founder and chairman of Hong Kong media company Next Digital, Jimmy Lai (Lai Chee-Ying), who is regarded as holding radical views, to discuss the Hong Kong government’s amendment to the extradition bill and Hong Kong’s autonomy. The meeting was seen as US escalating its interference in Hong Kong affairs.

In evidenza

The G-20 Underperforms Again (PIIE)

The big headline from the Group of Twenty (G-20) meeting in Osaka on June 28–29 concerned a ceasefire in the trade war between President Donald Trump and President Xi Jinping of China.  Less noticed was the notable lack of progress on confronting urgent crises over the future of the World Trade Organization (WTO) and the Paris Agreement on climate change.

Jeffrey J. Schott

In evidenza

Iran’s non-oil exports from South Pars up 23% (IRNA)

Exports of non-oil products from South Pars customs office in southern Iran have grown by 23% in terms of weight over the third Iranian month of Khordad (ended on June 21) compared to figures from the same month last year, according to a local official.

In evidenza

Industry official says Iran overcomes tough economic sanctions (IRNA)

Iran left behind the toughest economic sanctions last year as US arbitrary sanctions targeted the country this year, Deputy Minister of Industry, Mines and Trade Saeed Zarandi said on Wednesday.

In evidenza

IAEA Board of Governor’s meeting opportunity for Iran to speak out (IRNA)

It is surprising that the US requested the Board of Governors of the International Atomic Energy Agency to convene creating a good opportunity for Tehran to speak out the US and EU infringements, the spokesman of the Foreign Ministry said in an exclusive interview with IRNA.

In evidenza

INSTEX, preliminary step to Europe’s commitments: spokesman (IRNA)

Spokesman for the Iranian Foreign Ministry says the Paris-based transactions channel, named INSTEX is a preliminary step to implementation of Europe’s commitments to the July 2015 nuclear deal.

In evidenza

IRNA Chief: Foreign Ministry in forefront of political fight with US (IRNA)

Managing Director of the Islamic Republic News Agency Zia Hashemi stressed the professional role of media in disseminating news in the world, saying Foreign Ministry is in the forefront of political confrontation against the US.

In evidenza

Iran, Russia discuss establishing Syrian constitutional committee (IRNA)

Special Representative of Russian President Alexander Lavrentiev and the senior assistant to the Iranian Foreign Minister for Special Political Affairs Ali Asghar Khaji reviewed Damascus developments, including establishment of the constitutional committee.

In evidenza

US arms sale card endangers Taiwan if line crossed (Global Times)

Pentagon said on Monday that the country has approved arms sales worth $2.2 billion to Taiwan, including 108 M1A2T Abrams tanks and 250 Stinger missiles. When US media reported the story, they said the plan was approved “amid trade tensions with Beijing.”

In evidenza

Cooperation with Huawei benefits SE Asian countries (Global Times)

Could Cambodia surpass the US by any chance? Many may regard it a fantasy. But in view of the present situation, it might become reality someday that Cambodia would catch up with and even overtake the US in the field of 5G technology.

By Yan Yunming

In evidenza

Luring Chinese VC firms back for start-ups urgent amid trade war (Global Times)

Chinese venture capital (VC) investment in US biotech companies fell by more than 50 percent in the first half of the year, the Financial Times reported Tuesday, as Chinese investment faces growing scrutiny and hostility in the US.

By Hu Weijia

In evidenza

China’s continuous hike of gold reserves demonstrates diversification efforts (Global Times)

China increased its gold reserves for the seventh month in June, taking its total reserves to 61.94 million ounces, up 330,000 ounces compared to the previous month, data from the central bank showed on Monday. As gold is considered to be a typical safe haven asset, China’s gold purchases are generally seen as a strategic measure to hedge against risks and uncertainties related to the international payment environment and its own currency.

By Wang Jiamei

In evidenza

Could the Democrats Blow It? (Project-Syndicate)

A major dilemma of the Democratic nomination contest is that it is a test of two important attributes: which candidate can beat Trump, and which is offering the most appealing platform to primary voters. These are not the same thing.

Elizabeth Drew is a Washington-based journalist and the author, most recently, of Washington Journal: Reporting Watergate and Richard Nixon’s Downfall.

In evidenza

The Value of Global China (Project-Syndicate)

At a time when the risks of international engagement are more obvious than ever, China faces important questions about whether – and to what extent – it should continue to pursue opening up its economy to the rest of the world. At stake may be some $22-37 trillion in economic value – or 15-26% of world GDP – by 2040.

Jeongmin Seong is a senior fellow at the McKinsey Global Institute in Shanghai.

Jonathan Woetzel is a McKinsey senior partner, a director of the McKinsey Global Institute, and co-author of No Ordinary Disruption: The Four Global Forces Breaking All the Trends.

In evidenza

The Central Banker Europe Needs (Project-Syndicate)

While having a president with specialized training as a monetary economist would benefit the European Central Bank, such training is not essential. If Christine Lagarde is confirmed for the position, Europe will learn that other attributes matter much more.
Barry Eichengreen is Professor of Economics at the University of California, Berkeley, and a former senior policy adviser at the International Monetary Fund. His latest book is The Populist Temptation: Economic Grievance and Political Reaction in the Modern Era.
In evidenza

Is Plutocracy Really the Problem? (Project-Syndicate)

After the 2008 financial crisis, economic policymakers in the United States did enough to avert another Great Depression, but fell far short of what was needed to ensure a strong recovery. Attributing that failure to the malign influence of the plutocracy is tempting, but it misses the root of the problem.

J. Bradford DeLong is Professor of Economics at the University of California at Berkeley and a research associate at the National Bureau of Economic Research. He was Deputy Assistant US Treasury Secretary during the Clinton Administration, where he was heavily involved in budget and trade negotiations. His role in designing the bailout of Mexico during the 1994 peso crisis placed him at the forefront of Latin America’s transformation into a region of open economies, and cemented his stature as a leading voice in economic-policy debates.

In evidenza

Is China Undermining Human Rights at the United Nations? (CFR)

Experts are warning that China is quietly working to weaken the United Nations’ commitment to human rights. If it succeeds, they say, the international human rights system could become even less capable of protecting victims and holding governments accountable.

Lindsay Maizland

In evidenza

China expects further development of China-EU ties under new EU leadership: FM (Global Times)

China is willing to continue to strengthen communication, coordination and cooperation with the European Union (EU) so as to jointly push for further development of China-EU relations in the new era, Chinese State Councilor and Foreign Minister Wang Yi said on Monday.

In evidenza

Cambodia’s leading telco operator partners with China’s Huawei to bring 5G to country (Global Times)

Cambodia’s leading mobile telecommunications company Smart Axiata has partnered with China’s technology giant Huawei to build the 5G network in Cambodia, representatives of the two companies said on Monday.

In evidenza

How to address NIMBY issue in China? (Global Times)

The fierce opposition by local people against a proposed waste incinerator in Yangluo in the Xinzhou district of Wuhan, the capital city of Hubei Province, is the latest conflict facing NIMBY (Not in My Backyard) opposition. This incident once again shows that garbage disposal is a major issue that must be recognized in China’s urbanization process.


In evidenza

ASEAN serves as stabilizer for Southeast Asia (Global Times)

Competition is acceptable. It is natural for countries to compete for markets, technology, military power and so on. But to get into a confrontation which can lead to serious consequences, even war, is not good. Nobody is going to win. Especially if and when two major powers like China and the US clash, it will affect other countries. The trade war, for example, will have an impact not only on the US and China but also on other countries because of the global supply chain, markets and the global financial system, as everything is interdependent and interlinked.

In evidenza

Shaping the Future We Want: The Year to Date and Looking Ahead (Chatham House)

This panel takes stock of the local, national and international progress made in the last year, and how we can and must build on it.

Bernice Lee OBE, Executive Director, Hoffmann Centre for Sustainable Resource Economy, Chatham House
Yoriko Meguro, Co-Chair, W20 Japan
Salma Al-Rashid, Head of Delegation, W20 Saudi Arabia
David Bell, Director, Standards Policy, British Standards Institute

In evidenza

Reconnecting Afghanistan: Lessons from Cross-border Engagement (Chatham House)

The sustainability of Afghanistan’s economy will be predicated on the degree to which it is integrated with its neighbours. The notion that Afghanistan can be a source of licit benefits for its neighbours is far from mainstream opinion. And yet, as this paper documents, there are examples where it is exactly that.

Gareth PriceHameed Hakimi

In evidenza

The persistence of trade policy beyond import tariffs (VOX)

Like other countries participating in the multilateral trading system, China agreed to limit the use of import tariffs when it joined the WTO. As this column shows, however, it continued to employ other instruments of trade policy, including a new set of restrictions on exports which partly restored the asymmetric treatment of Chinese industries embodied in its pre-WTO import tariffs. Today’s tariff wars appear to be just the latest example of an ongoing battle whose skirmishes have taken many forms.

Jason Garred

In evidenza

Inter-firm transaction networks and location in a city: Evidence from Japan (VOX)

Relationship-based distance has become as important a determinant of firm interactions as physical distance in recent years. This column presents evidence to support the claim that firms physically locate closer to others that proximate in their transaction networks, though this effect varies across industries and by age of firms.

Toshimori Otazawa, Yuki Ohira, Jos van Ommeren

In evidenza

Europe’s 5G Wake-Up Call (Project-Syndicate)

Whereas the battle over 4G mobile networks was essentially commercial, the ongoing 5G debate is about geopolitics, technological leadership, and national security. And Europe, in particular, must develop a much stronger common approach in order to make itself less vulnerable to security risks.

Daniel Gros is Director of the Centre for European Policy Studies.

In evidenza

Can Multilateralism Survive the Sino-American Rivalry? (Project-Syndicate)

The US-China trade and technology war has invited comparisons to the Cold War. For international organizations, the lesson of great-power rivalries is to focus on facilitating cooperation toward specifically defined goals, rather than attempting to establish new broad-based rules.

Ngaire Woods is Dean of the Blavatnik School of Government at the University of Oxford.

In evidenza

The ECB Needs to Explain Itself (Project-Syndicate)

Ambiguity is hampering effective policymaking by the European Central Bank and leaving market participants wondering what to expect. A review of the ECB’s policy framework would help to eliminate such ambiguity – and place the Bank on much sounder footing for a new era of leadership.

Stefan Gerlach is Chief Economist at EFG Bank in Zurich and a former deputy governor of the Central Bank of Ireland. He is also a former Executive Director and Chief Economist of the Hong Kong Monetary Authority and Secretary to the Committee on the Global Financial System at the BIS.

In evidenza

The Limits of Mass Protest in a Dictatorship (Project-Syndicate)

Public opinion cannot remove a communist government by electing another one. But the PRC does aspire to a certain degree of respectability in the world. Sending tanks to crush protests in Hong Kong would make China look very bad – though this does not mean that the government would not do so, if it saw no other way.

Ian Buruma is the author of numerous books, including Murder in Amsterdam: The Death of Theo Van Gogh and the Limits of ToleranceYear Zero: A History of 1945, and, most recently,  A Tokyo Romance: A Memoir.

In evidenza

Euro 20/20: Twenty papers to better understand the single currency (VOX)

This year has seen the 20th anniversary of the euro, but so far we have not seen many articles that take stock of the accomplishments and disillusionments of the single currency, and of how to improve it. This column hopes to change this by picking and discussing 20 papers that economists and policymakers should read, or re-read, and reflect upon in this 20th anniversary year.

Nauro Campos, Fabrizio Coricelli

In evidenza

Comparing shipping costs and industrial production as measures of world economic activity (VOX)

Shipping costs offer a potentially attractive measure of world real economic activity. However, the popular approach of removing a deterministic trend is not consistent with the observed behaviour of shipping costs and results in an unrealistic measure in data since 2015. This column compares alternative monthly measures based on shipping costs with direct estimates of world industrial production in terms of coherence with world GDP and usefulness for forecasting commodity prices, and concludes that industrial production is a much better measure. If shipping costs are to be used, the cyclical component should not be calculated using residuals from a linear trend.

James Hamilton

In evidenza

A way out from rock bottom: Economic policies can reduce deaths of despair (VOX)

Policymakers and researchers have sought to understand the causes of and effective policy responses to recent increases in mortality due to alcohol, drugs, and suicide in the US. This column examines the role of the minimum wage and the earned income tax credit – the two most important policy levers for raising incomes for low-wage workers – as tools to combat these trends. It finds that both policies significantly reduce non-drug suicides among adults without a college degree, and that the effect is stronger among women. The findings point to the role of economic policies as important determinants of health.

William H. Dow, Anna Godøy, Chris Lowenstein, Michael Reich

In evidenza

US factoryless goods producers: Measurement challenges and solutions (VOX)

‘Factoryless’ goods producing entities outsource physical transformation activities while retaining ownership of the intellectual property and control of sales to customers. Using 2012 data from the US Census Bureau, this column provides a new conceptual definition of factoryless activity. It also compares factoryless goods producer firms to service providers outside the manufacturing sector, and hybrid manufacturers to traditional manufacturers within the manufacturing sector. The analysis reveals several meaningful correlations between factoryless status at the firm level and conceptual variables such as employment mix, innovation, and importing activities.

Fariha Kamal

In evidenza

A Flight Guide to Middle East Politics (BESA Center)

The flight schedules of the major airports in the states of the Middle East provide an excellent window into regional politics. The absence of air traffic between Israel, Saudi Arabia, and Egypt to Iran reflects the tacit alliance of the three, while the abundance of connections between Istanbul and Qatar and Iranian destinations reflects the counter-Sunni alliance. Flight data also help us to gauge the extent to which Assad’s Syria has been restored.


In evidenza

Clerics and Entertainers Seek to Bolster MBS’s Grip on Power (BESA Center)

public apology by a prominent Salafi scholar sheds light on Saudi Crown Prince Muhammad bin Salman’s version of “moderate Islam,” which appears to be an effort to shape the Middle East and North Africa in his image and replace religion with hypernationalism.


In evidenza

The short- and long-run effects of attending the schools that parents prefer (VOX)

Most parents have strong views regarding which schools to send their children to. However, evidence shows that attending sought-after public secondary schools does not improve secondary-school examination performance. This column uses data from Barbadosto show that secondary school choice does not appear to lead to improvements in exam performance. However, it does have a sizable effect on short-run non-cognitive outcomes that may affect longer-run outcomes.

Diether W. Beuermann, Kirabo Jackson

In evidenza

Intergenerational mobility in Africa (VOX)

Over the last few decades, education in Africa has been rising and living standards have been improving. Yet certain countries and regions face rampant conflict and persistent poverty. This column we uses individual-level data covering more than 20 million people spanning 26 African countries since the late 1960s to study intergenerational mobility in education across the continent. It uncovers large variation in upward and downward mobility both across and within countries.

Alberto Alesina, Sebastian Hohmann, Stelios Michalopoulos, Elias Papaioannou

In evidenza

Principled Aid in Syria: A Framework for International Agencies (Chatham House)

Throughout the conflict in Syria, the government has severely restricted how and where aid is delivered for military or political purposes. This paper offers a new framework for international humanitarian organizations and UN agencies to provide assistance to those in need.

Haid Haid

In evidenza

The Problems with 5-Star Rating Systems, and How to Fix Them (Harvard Business Review)

Online marketplaces for goods and services are increasingly valuable and powerful. Yet many of them remain surprisingly unsophisticated when it comes to their reputation systems, which typically take the form of five-star ratings.

Josh BreinlingerAndrei HagiuJulian Wright




In evidenza

The Controversial History of United Fruit (Harvard Business Review)

Harvard Business School professor Geoffrey Jones, an expert in business history, discusses the overthrow of President Jacobo Arbenz of Guatemala in 1954 in a U.S.-backed coup in support of the United Fruit Co. (now Chiquita Brands International). Jones examines the impact and role of the company in the Guatemalan economy in his case, “The Octopus and the Generals: The United Fruit Company in Guatemala” (co-author: Marcelo Bucheli).

In evidenza

Will Automation Improve Work for Women — or Make It Worse? (Harvard Business Review)

For nearly 30 years, women’s share of the global labor force has been stuck stubbornly around the 39% mark; progress toward gender equality in work is glacial. Now a new game-changer has arrived in the form of automation and artificial intelligence (AI) technologies. Could these technologies be part of the breakthrough working women need, vaulting them into new opportunities and narrowing the gender gap in work? Or will these technologies leave women even further behind?

Anu MadgavkarMekala KrishnanKweilin Ellingrud


In evidenza

Trade war and the future of globalization – top quotes from the World Economic Forum in China (WEF)

For anyone fearing a relentless trade war between the world’s two biggest economies, there was a glimmer of optimism on the eve of this year’s Summer Davos: the leaders of China and the United States pulled back from the brink and agreed to restart trade talks.

Robin Pomeroy – Journalist, World Economic Forum

In evidenza

What just happened? 5 stories from the World Economic Forum in China (WEF)

After three days in Dalian covering everything from the future of trade to the history of whales, here’s a look back at some of the key moments from this year’s Annual Meeting of the New Champions.

Ceri Parker

In evidenza

Thought AIs could never replace human imagination? Think again (WEF)

Back in the 1980s, Hans Moravec, an AI scientist, discovered a paradox: What is easy for humans, such as visual or auditory understanding, is hard for machines.

Julien Weissenberg – Founder, Artificial Intelligence Scientist, VisualSense

In evidenza

5 ways CEOs can renew their businesses for the digital age (WEF)

As they are catapulted into the digital era, many businesses are crash-landing in a world they no longer recognize. At their helms are CEOs who have navigated choppy waters for decades and taken their company to market leadership without looking back.

Simon Torrance – Managing Director, FoundersLane

In evidenza

If innovators can solve India’s problems, they can save the world. Here’s why (WEF)

From mobile phones to reusable rockets, today we live with inventions that were once considered science fiction. These innovations have also affected our general living standards over the last millennia; the average lifespan has dramatically increased. Younger generations are connected to machines in a way that we never were. Energy continues to be consumed at a massive scale.

Nikhil Malhotra – Global head of innovation, Techmahindra

In evidenza

Could utopianism drive humanity to tackle climate change and other global challenges? (WEF)

Climate breakdownmass extinctions, and extreme inequality threaten the earth’s rich tapestry of life and leave our own fate increasingly uncertain. At a time of such social, political and ecological upheaval, it’s natural to dream of a utopian world in which these problems are no more – in fact, people have been doing it for centuries.

Heather Alberro – Associate Lecturer, Nottingham Trent University

In evidenza

The Next Phase of Trump’s Trade War with China (Project-Syndicate)

China remains committed to its 40-year-old process of reform and opening up. But following through on this commitment will require China’s leaders to find ways to manage escalating tensions with the US and avoid a costly – and potentially devastating – reconfiguration of the global economy.

Yu Yongding, a former president of the China Society of World Economics and director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences, served on the Monetary Policy Committee of the People’s Bank of China from 2004 to 2006.

In evidenza

The global capital flows cycle and its drivers: Not only a US monetary policy story (VOX)

There is global cycle in capital flows that is intimately connected to global risk. This column argues that, contrary to common wisdom, US monetary policy is not the only factor, or even the main factor, behind global risk and this global cycle. Financial shocks matter more than US monetary policy. Domestic policies may still mitigate the cycle of global capital flows at the country level.

Maurizio Michael Habib, Fabrizio Venditti

In evidenza

The gender promotion gap: Evidence from central banking (VOX)

The underrepresentation of women in economics is perhaps nowhere as visible as in central banks. This column uses anonymised personnel data to analyse the career progression of men and women at the ECB. A wage gap in favour of men emerges within a few years of hiring, with one important driver being the presence of children. Women were also less likely to be promoted to a higher salary band up until 2010, when the ECB issued a statement supporting diversity and took measures to support gender balance. Following this change, the promotion gap disappears.

Laura Hospido, Luc Laeven, Ana Lamo

In evidenza

The standard errors of persistence (VOX)

A large literature on persistence finds that many modern outcomes strongly reflect characteristics of the same places in the past. Although these regressions feature unusually high t statistics, they usually also display severe spatial autocorrelation in residuals. Exploiting data from 28 persistence studies published in leading journals, this column runs artificial regressions where both variables are spatial noise and shows that this produces severely inflated t statistics. Replicating published studies shows that in most cases the main persistence variable frequently has lower explanatory power than spatial noise but can, in turn, strongly predict spatial noise.

Morgan Kelly

In evidenza

Report: Pentagon Should Assume US Satellites Are Already Hacked (Defense One)

As U.S. and its allies tether more of their military operations to government and commercial satellites, they need to start taking cybersecurity more seriously.


In evidenza

Caution: Trade uncertainty is rising and can harm the global economy (VOX)

Recent developments have inspired efforts to measure trade uncertainty. This column presents a new index of world trade uncertainty for 143 countries, measured on a quarterly basis from 1996 onwards, using the Economist Intelligence Unit country reports. The index shows that uncertainty in trade is rising sharply. This has important implications for global economic prospects.

Hites Ahir, Nicholas Bloom, Davide Furceri

In evidenza

Knowledge in the hands of the best, not the rest: The decline of US business dynamism (VOX)

Ufuk Akcigit, Sina T. Ates
In evidenza

The Lessons of the EU Leadership Fight (Project-Syndicate)

After the European Parliament election in which fears of a populist surge proved unfounded, the European Council has now delivered a slate of highly qualified, well-chosen candidates to fill the European Union’s top leadership positions. The only problem is that it may have exacerbated the EU’s “democratic deficit” in the process.

Daniela Schwarzer is Director of the German Council on Foreign Relations (DGAP)

In evidenza

The Democratic Nominee America Needs (Project-Syndicate)

Beating US President Donald Trump in 2020 will be a hollow victory unless the party regains control of the Senate as well. Only then can the US begin to repair the damage caused by the Trump administration, restore the checks and balances on which American government depends, and right the country’s fiscal trajectory.

Alexander Friedman is a former CEO of GAM Investments, a former CFO of the Bill & Melinda Gates Foundation, and was a White House Fellow during the Clinton Administration.

Jerry Grinstein is a former CEO of Delta Air Lines and Burlington Northern Railroad, and previously served as Chief Counsel to the United States Senate Commerce Committee.

In evidenza

Lagarde Is the Right Choice (Project-Syndicate)

The nomination of Christine Lagarde to be the next president of the European Central Bank is a breath of fresh air for the stale, male-dominated institution. Incumbent President Mario Draghi may seem like a hard act to follow, but Lagarde has what it takes to succeed. She needs to be bold.

Philippe Legrain, a former economic adviser to the president of the European Commission, is a visiting senior fellow at the London School of Economics’ European Institute and the founder of Open Political Economy Network (OPEN), an international think-tank whose mission is to advance open, liberal societies. His most recent book isEuropean Spring: Why Our Economies and Politics are in a Mess – and How to Put Them Right.

In evidenza

Mysteries of Monetary Policy (Project-Syndicate)

Since the federal funds rate peaked at 22% in the early 1980s, inflation in the United States has remained low and stable, leading many to believe that the mere threat of renewed interest-rate hikes has kept it in check. But no one really knows why inflation has been subdued for so long.
In evidenza

How – and How Not – to Restore Trust in Media (Project-Syndicate)

In an age of unprecedented access to information, true and otherwise, people of all ages must improve their media literacy. But that does not let media organizations off the hook. With the help of an aware and critical audience, they must monitor themselves and one another, as they have done in the past.

Alexandra Borchardt is Director of Leadership Programs at the Reuters Institute for the Study of Journalism.

In evidenza

In Praise of Demographic Decline (Project-Syndicate)

Our expanding ability to automate human work across all sectors – agriculture, industry, and services – makes an ever-growing workforce increasingly irrelevant to improvements in human welfare. That’s good news for most of the world, but not for Africa.
Adair Turner, a Senior Fellow at the Institute for New Economic Thinking and former Chairman of the UK Financial Services Authority, is Chair of the Energy Transitions Commission. His latest book is Between Debt and the Devil.
In evidenza

The ECB Needs New Inflation Rules (Project-Syndicate)

The European Central Bank has consistently undershot its inflation objective of “close to, but below 2%” for over a decade, potentially threatening its credibility. To maintain credibility, the ECB should adopt a two-pronged strategy focusing on a medium-term inflation target and systematically smoothing financial cycles.

Michael Heise is Chief Economist of Allianz SE and the author of Emerging From the Euro Debt Crisis: Making the Single Currency Work.

In evidenza

The G20 on Shaky Ground (Project-Syndicate)

Although fair and free trade is one of the G20’s guiding principles, protectionism has re-emerged in many member states in recent years. Lawrence Summers, one of the G20’s architects, discusses the group’s evolution since it was established nearly 20 years ago, and some of the most pressing issues confronting it now.

Elmira Bayrasli is the co-founder and CEO of Foreign Policy Interrupted and the author of From The Other Side of The World: Extraordinary Entrepreneurs, Unlikely Places.

Lawrence H. Summers, US Secretary of the Treasury (1999-2001) and Director of the US National Economic Council (2009-2010), is a former president of Harvard University, where he is currently University Professor.
In evidenza

Tanks Arrive in Washington; Trump Would Leave ISR In Afghanistan; Turkey Stockpiles Weapons In Advance of Possible Sanctions, and a bit more… (Defense One)

Abrams and Bradley fighting vehicles have been spotted in Washington for President Trump’s July 4 celebration.


In evidenza

US sanctions aimed at damaging the most Iran economy: Minister (IRNA)

US sanctions on Iran are aimed at toppling the Islamic Republic to pave the way to come back to Iran for plundering Iran’s wealth, Minister of Roads and Urban Development Mohammad Eslami said on Tuesday.

In evidenza

Pakistani advisor stresses on enhanced Iran-Pak media cooperation (IRNA)

Special Assistant to the Prime Minister of Pakistan on Information and Broadcasting says cooperation in the fields of media and culture would further cement Iran-Pakistan ties.

In evidenza

Iran reducing commitments to JCPOA is not withdrawal (IRNA)

Iran’s decision to reduce its commitments to the nuclear deal in the context of the Joint Comprehensive Plan of Action has been reciprocal to US withdrawal, Iran’s former Ambassador to Hungary and Romania Ali Akbar Farazi said on Tuesday.

In evidenza

Iranian resistance to US hegemony, symbolic to renounce cruelty: Envoy (IRNA)

Ambassador of Iran to Pakistan says resistance of the Islamic Republic to the US hegemony has become a symbol and source of inspiration in the world against cruel and arrogant behavior.

In evidenza

Zarif mocks US allegation that Iran violated JCPOA even before signing (IRNA)

Iranian Foreign Minister Mohammad Javad Zarif in a message expressed surprise over White House statement saying there is little doubt that even before the Joint Comprehensive Plan of Action Iran was violating its terms.

In evidenza

Ex-French envoy downplays concerns over Iran’s surpassing enriched uranium stockpile capacity (IRNA)

Former French ambassador to Iran said that Tehran’s exceeding the capacity on its stockpile of enriched uranium is “no pressing concern”.

In evidenza

Iran warns of ‘foreign powers influence’ on OPEC decisions (IRNA)

Iran’s representative to international organizations in Vienna warned on Monday against “foreign powers influence” on the OPEC decision making as the entity meets to discuss further global oil cuts.

In evidenza

International community should oppose unilateral sanctions against Venezuela: Chinese FM (Global Times)

Both China and Mexico believe the international community should not directly interfere in Venezuela’s internal affairs and should oppose unilateral sanctions and military interference in the country, China’s State Councilor and Foreign Minister Wang Yi told media on Tuesday.

By Bai Yunyi

In evidenza

China’s new ship-borne chopper to raise PLA’s ability to new level: military specialists (Global Times)

China’s latest vessel-borne helicopter will take the People’s Liberation Army (PLA) Navy’s combat capability to a new level, Chinese military experts said on Tuesday after a full-sized model of the navy variant of the Z-20 utility helicopter was allegedly spotted testing on a warship for the first time.

By Liu Xuanzun

In evidenza

Liaison office of China’s central government in Hong Kong condemns violent acts at HKSAR LegCo Complex (Global Times)

The Liaison Office of the Central People’s Government in the Hong Kong Special Administrative Region (HKSAR) on Tuesday voiced shock, indignation and strong condemnation over the violent acts of storming the Legislative Council (LegCo) Complex that took place on Monday.


In evidenza

Gobernanza de Bosques: Ghana: progreso hacia un sector forestal legal y sostenible (Chatham House)

Esta sesión considerará el impacto que ha tenido el proceso de los acuerdos voluntarios (VPA) en la gobernanza del sector forestal en Ghana.

Chris Beeko, Comisión Nacional Forestal, Ghana
Clement Kojo Akapame, Iniciativa TaylorCrabbe
Duncan Brack, Independiente
Moderador: Caroline Haywood, Client Earth

In evidenza

Forest Governance: Ghana’s Progress Towards a Legal and Sustainable Forest Sector (Chatham House)

This session will consider the impact that the VPA process has had to date on forest sector governance in Ghana, and the implications of this for the country’s ambition to increase forest cover as part of its climate strategy.

Chris Beeko, Forestry Commission, Ghana
Clement Kojo Akapame, TaylorCrabbe Initiative
Duncan Brack, Independent
Chair: Caroline Haywood, Client Earth

In evidenza

Gobernanza de Bosques: Coordinando iniciativas de deforestación y legalidad (Chatham House)

Para responder a las inquietudes en cuanto al cambio climático, el número de iniciativas nacionales e internacionales tratando de reducir la deforestación en países con bosques tropicales ha estado creciendo.

Roselyn Fosuah Adjei, Comisión Forestal, Ghana
Duncan Brack, Independiente
Moderador: Alison Hoare, Chatham House

In evidenza

Cybersecurity of NATO’s Space-based Strategic Assets (Chatham House)

Almost all modern military engagements rely on space-based assets, but cyber vulnerabilities can undermine confidence in the performance of strategic systems. This paper will evaluate the threats, vulnerabilities and consequences of cyber risks to strategic systems.

Dr Beyza Unal

In evidenza

Greening the Belt and Road is essential to our climate’s future (WEF)

Climate change is the battle of the century. According to a 2018 Intergovernmental Panel on Climate Change special report, the global temperature rise will likely 1.5°C as early as 2030. We may only have 12 years to act decisively in order to avoid catastrophic impacts on the planet and human beings.

Ma Jun – Chairman, Green Finance Committee of China Society for Finance and Banking

In evidenza

These are the top 10 emerging technologies of 2019 (WEF)

Which of today’s technologies will shape tomorrow’s world? A new report compiled by the World Economic Forum reveals some of the breakthrough innovations that are expected to radically impact the global social and economic order.

Johnny Wood – Senior Writer, Formative Content

In evidenza

5G: How a ‘legion of robots’ could help save the rhino (WEF)

Despite all the hype around 5G, nearly 90% of respondents in a poll by Channel News Asia knew very little or absolutely nothing about the next big thing in mobile technology.

Catherine Ong – Official Writer at the Annual Meeting of the New Champions 2019

In evidenza

A biodiversity scientist explains the problem with our neat lawns (WEF)

You won’t find many neater lawns than those Roger Federer and tennis stars from across the globe will play on over the next fortnight (July 1-14) at the All England Lawn Tennis and Croquet Club – better known as Wimbledon.

Kate Whiting – Senior Writer, Formative Content

In evidenza

We all have a ‘hierarchy of needs’. But is technology meeting them? (WEF)

The world looked very different in 1943, when the psychologist Abraham Maslow’s “hierarchy of needs” model was first published. The world was just in the early stages of realising the potential of computing power, which codebreakers would use to help bring an end to the world war.

Michelle Lau – CEO, Dentsu Aegis Network China

In evidenza

How to make trade single windows more efficient with blockchain (WEF)

International trade is of critical importance for economic and social development worldwide. A major cost of global trade is the regulatory requirement of submitting large volumes of information to governmental authorities in order to comply with import, export and transit-related documents and certificates.

Alejandra Radl – Integration and Trade Specialist, Inter-American Development Bank, Fellow, Digital Trade, World Economic Forum

Jesse Lin – Project Specialist, Digital Trade, World Economic Forum

In evidenza

The next Google in biotech: will it be Chinese? (WEF)

Can the world benefit from the pace of Chinese biotech without veering into ethical and regulatory grey zones? In this panel discussion at the World Economic Forum’s Annual Meeting of the New Champions in Dalian, China, which got underway 1 July, ethicists and biotech CEOs attempted to plot the way forward.

Kate Lamb

In evidenza

Is academia losing its chance to capitalize on technology? (WEF)

“Give a man a fish, and you feed him for a day,” goes the adage. “Teach a man to fish, and you feed him for a lifetime.” The proverb may be an old one, but it still applies today, particularly in the field of education. Traditional teaching methods, which rely on simply divulging information to students, corresponds with the proverbial fish in this situation. Meanwhile, modern approaches to teaching, which bank on advanced and emerging technologies, flip the process on its head, allowing students to go beyond simply receiving information, and actively seek it out themselves.

Ahmad bin Abdullah Humaid Belhoul Al Falasi – Minister of State for Higher Education and Advanced Skills, Ministry of Higher Education and Advanced Skills of the United Arab Emirates

In evidenza

Germany’s Green Wave (Project-Syndicate)

With Germany’s traditional parties continuing to hemorrhage voters, public support is swinging to the Greens, whose new leaders have been preparing the party for prime time. No longer just a movement of vegetarians and tree huggers, the Greens could soon find themselves governing the country – and grappling with a vexing dilemma.

Michael Bröning is Head of the International Policy Department of the Friedrich-Ebert-Stiftung, a think tank affiliated with the Social Democratic Party of Germany.

In evidenza

Does Japan Vindicate Modern Monetary Theory? (Project-Syndicate)

It is not true that Japan’s experience proves that Modern Monetary Theory works, as some have argued. But increasing deficit-financed spending, in Japan and elsewhere, may still have merit, despite inflationary risks.

Koichi Hamada is Professor Emeritus at Yale University and a special adviser to Japanese Prime Minister Shinzo Abe.

In evidenza

Build Your Own Talent Magnet (Project-Syndicate)

As the world’s biggest cities attract more talent, it becomes increasingly difficult for them to remain productive. This is why policymakers should focus on diffusing the development process geographically by embracing a broader and deeper process for nurturing innovation ecosystems.

Simon Johnson, a former chief economist of the IMF, is a professor at MIT Sloan, a senior fellow at the Peterson Institute for International Economics, and co-founder of a leading economics blog, The Baseline Scenario. He is the co-author, with Jonathan Gruber, of Jump-Starting America: How Breakthrough Science Can Revive Economic Growth and the American Dream.

In evidenza

A Future Without Currency Wars? (Project-Syndicate)

US President Donald Trump’s protectionist policies and frequent accusations of currency manipulation by other countries speak to the need for a universal monetary system of the type twentieth-century economists such as John Maynard Keynes envisioned. Thanks to digital technologies, the long quest for such a system could be over.

Harold James is Professor of History and International Affairs at Princeton University and a senior fellow at the Center for International Governance Innovation. A specialist on German economic history and on globalization, he is a co-author of the new book The Euro and The Battle of Ideas, and the author of The Creation and Destruction of Value: The Globalization CycleKrupp: A History of the Legendary German Firm, and Making the European Monetary Union.

In evidenza

China slashes fees to propel economic growth amid downward pressure (Global Times)

A variety of government charges and fees were cut effective on Monday as China sought to ease the downward pressure of its economic transition, which is being aggregated by the ongoing trade war with the US.

By Xie Jun

In evidenza

Apple to launch tailored iPhone for China: report (Global Times)

Apple Inc will launch a new iPhone tailored for Chinese consumers, media reports said on Monday, a move that industry insiders said showed the US technology giant’s urgency to arrest a sales decline in the domestic market due to mounting cost pressure from the China-US trade war.

By Huang Ge

In evidenza

Decoding success of Communist Party of China (Global Times)

It was the summer of 1921. A dozen Communist Party of China (CPC) members were forced to leave a small building in the French concession area of Shanghai, and boarded a boat on Nanhu Lake in Jiaxing, Zhejiang Province, concluding the first National Congress of the CPC.

In evidenza

US needs to balance voices on China to bridge society (Global Times)

How the China-US relations will develop is not only of vital importance to the world but will also shape the world’s future development. When US hawks are more interested in decoupling the two countries, opposition has also been growing.

By Yu Jincui

In evidenza

India’s international trade policy at a crossroads (Global Times)

As an emerging economy that can utilize multiple sources in major power relations, India now stands at a crossroads. It believes that a historical moment has come when China is developing its manufacturing sector, and turbulent trading relations between Beijing and Washington have opened potential markets for other countries.

By Xie Chao

In evidenza

Economic interests define Erdogan’s China visit (Global Times)

Turkish President Recep Tayyip Erdogan begins to visit China on Tuesday just days after the G20 summit in Japan. Erdogan met Chinese President Xi Jinping on the sidelines of the Conference on Interaction and Confidence-Building Measures in Asia Summit in Dushanbe, Tajikistan on June 15. Why are the top leaders of both countries meeting twice within a month?

By Li Weijian