by Aseem Gupta | May 17, 2025 | Economics, Markets & Money
In 2016, Saudi Arabia presented the world with an extraordinary picture of its future. A kingdom built on oil would become a center of technology, tourism, finance, culture, entertainment, and global business. New industries would employ a younger and more productive...
by Aseem Gupta | May 12, 2025 | Economics, Markets & Money
Governments are accumulating gold, settling more trade in local currencies and building payment systems designed to reduce their exposure to the United States. Russia conducts much of its trade with China in yuan. BRICS leaders regularly complain that the...
by Aseem Gupta | Apr 19, 2025 | Economics, Markets & Money
Canada’s 2025 election was shaped by two economic pressures that suddenly became inseparable. The first was domestic. Housing costs had pulled away from incomes, rent consumed an expanding share of household budgets, productivity growth remained weak, and many...
by Aseem Gupta | Apr 12, 2025 | Political Theory, Governance & Ideology
At the beginning of 2025, Pierre Poilievre appeared to be approaching an almost inevitable victory. After nearly a decade under Justin Trudeau, Canadians were frustrated by unaffordable housing, strained public services, weak productivity and a prolonged decline in...
by Aseem Gupta | Mar 29, 2025 | Economics, Markets & Money
In April 2025, Donald Trump attempted one of the most dramatic transformations of American trade policy in generations. His administration declared the country’s persistent trade deficit a national emergency and announced a baseline tariff on nearly all imports, with...