Trump’s Cuts are Pushing the UN out of Geneva. That may be a Win

The $1.2 billion renovation of the Palais des Nations was intended to reaffirm Geneva's centrality to the multilateral system. Instead, the city’s international quarter is emptying.

Faced with a Cash Crisis, UN is Urging Senior Staff to Forgo First Class & Business Class Travel

The United Nations has had a longstanding tradition, described by some as a “privilege”, where most senior staffers are entitled to highly-expensive First Class or Business Class seats on trips worldwide.

Countries Unevenly Impacted by Global Economic Shocks from Mideast Conflict

The ongoing crisis in the Middle East and the closure of the Strait of Hormuz continue to put immense stress and risk on the global economy.

The 3Ds for a Credible Post-2030 Development Agenda

Just four years of the Agenda 2030 for Sustainable Development remain. What comes after 2030 is already a political battleground.

The Tale of Three Countries: Policy Independence Matters for Development

The Republic of Korea (Korea), Vietnam and Bangladesh are on three different rungs of the development ladder. While Korea is a member of the rich nations’ club, i.e., the Organisation for Economic Cooperation and Development (OECD), Bangladesh is still a least developed country (LDC); and Vietnam is in the middle.

Corruption in Bangladesh: Will Development Partners Remain Complicit?

Bangladesh remains one of the most corrupt countries in the world. Its corruption perception index (CPI) score, 24, is 18 points below the global average score of 42, and 21 points lower than the Asia-Pacific region’s average of 45. One of the main sources of corruption is over-priced aid-funded projects as they lack competitive bidding. Projects funded through Government-to-Government deals drive up costs by more than 400% compared to more transparent alternatives, and around 35% of project costs are lost to corruption and inefficiency.

“War-Shock Inflation” and Inflation Phobia: Lessons of History for Central Bankers

The global economy, is at the precipice of “stagflation” – growth slowdown and higher inflation – due to the energy price shock following the illegal US-Israel war on Iran. The International Monetary Fund (IMF) has recently termed this as a “textbook negative supply shock”. For the first time since the 1970s, the prospect of stagflation seems real.

Global Shocks Push Geoeconomics to the Center Stage at Foreign Policy Forum

As war in the Middle East ripples through global markets, policymakers, economists, and industry leaders gathered in Washington this week to agree that economics is no longer separate from geopolitics. It is now its core instrument.

Shipping Industry Seeks Certainty as Experts Back Strong Net-Zero Framework

As global shipping braces for another round of high-stakes negotiations, a volatile mix of rising fuel costs, geopolitical tensions and deep political divisions is testing the fragile consensus around a proposed Net-Zero Framework (NZF) aimed at decarbonising one of the world’s most polluting industries.

Trump Rips off Velvet Glove from Mailed Fist

Trump 2.0 has been marked by the blatantly aggressive exercise of power to secure US interests as defined by him. While many recent trends even predate his first term, his reduced use of ‘soft power’ has exposed his bullying, extortionary use of US power.

Iran War Threatens World Food Crisis

While media coverage of Iran’s restrictions on passage through the Hormuz Straits focuses on fuel prices, partial closure is also disrupting crucial fertiliser and other supplies, risking catastrophe for billions worldwide.

Nepal’s Gen Z Electoral Revolution

Less than six months after Nepal’s Generation Z rose up in protest, the country has a new prime minister. A 35-year-old former rapper who soundtracked the protests swept to power in a landslide in the 5 March election.

Central Bank Hedging Triggered Gold Fever

In mid-1971, US President Nixon ended the dollar’s gold peg at $35 per ounce, triggering de-dollarisation. The 2025 gold and silver rush followed private speculators trying to profit from central banks hedging against perceived new risks.

Running on Sunshine: Pakistan’s Solar Boom to Tide Over Middle East Energy Crisis

Energy expert Vaqar Zakaria believes solar power makes “excellent economic sense” – and he lives by it. For over five years, his rooftop panels have slashed his bills, sometimes to zero, even allowing him to sell surplus electricity back through net metering.

Oil Shocks, Political Upheaval and the One Solution Governments Keep Ignoring

Once again, global oil prices are spiking, driven by the Israeli-US war against Iran. With Iran retaliating by attacking infrastructure and transport hubs and blocking the Strait of Hormuz, through which one-fifth of the world’s oil passes, oil supplies from the region are being choked, pushing up prices. The cost of a barrel of Brent crude – the international benchmark for oil prices – stood at US$73 before the conflict but has surged beyond US$100 since. It could go higher still as war continues.

Massive US War Spending Hike Raises Debt, Taxes, Doubts

As US President Donald Trump pushes the world to war, arms spending has been rising worldwide. Wars secure more budgetary allocations, mainly benefiting the US-dominated military-industrial complex.

Trump Tariffs Creating Less Manufacturing Jobs

President Donald Trump has shaken up the world economy and the rule of international law in the first year of his second term – ostensibly to make America great again, particularly by reviving US manufacturing jobs.

Trade Liberalisation Undermines Development

Despite lacking both evidence and theory, many economists claim trade liberalisation accelerates development. But only a few economies have gained many jobs from external market access.

Economic Dogma Blocks Pragmatic Policies

After condemning pragmatic responses to the 1997-98 Asian financial crises, the West pursued similar policies in response to the 2008 global financial crisis without acknowledging its own mistakes.

Trump De-dollarisation Accelerant

While US President Donald Trump has blamed the BRICS and foreign investors for de-dollarisation, his rhetoric, actions and policy measures are mainly responsible for the trend’s recent acceleration.