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Moscow has failed to turn the grain deal to its advantage, but Türkiye has plenty of leverage to convince Russia to return to its implementation.
The breakdown of cooperation among a group of coastal states regarding the allocation of mackerel provides a cautionary tale about the limits of international collective action in response to climate change.
As the Turkish president shifts his focus toward Kyiv, he is essentially testing Moscow’s new red lines. How firmly is Russia prepared to react in a situation where it is simultaneously fending off a Ukrainian counteroffensive and recovering from the Wagner mutiny?
The green-hydrogen industry is a case study in the potential—for better and worse—of our new economic era.
In Russia, last year’s exodus of Western companies and Russian entrepreneurs is creating opportunities to entrench the regime, as a wartime redistribution of assets belonging to those who left the country promises to enrich what remains of the middle class and bind it to the state.
Famous mobile payments technology like Kenya’s M-PESA has revolutionized economic development by giving people new tools to access financial resources. But other important aspects of financial inclusion are getting neglected due to the growing overreliance on digital markers of financial inclusion.
Join us for a conversation between Carnegie nonresident scholar Adam Tooze and Carnegie president Mariano-Florentino (Tino) Cuéllar. This event is part of a series on the global political economy organized by the Carnegie Endowment for International Peace.
What should we expect from the NATO summit in Vilnius?
Washington can’t decouple from China without Europe’s help, while China hopes to soften Europe’s stance and has focused its diplomacy there. This has put Brussels in a pivotal position.
China’s economic malaise is a consequence of deep structural weaknesses rather than cyclical factors. While Beijing’s shedding of its draconian Covid-19 policies late last year generated a burst of enthusiasm about reviving growth based on pent-up consumption, these sentiments were short-lived.