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...
by Aseem Gupta | Mar 15, 2025 | Political Theory, Governance & Ideology
In October 1995, Canada came within a few decimal points of breaking apart. Quebec held a referendum on sovereignty after years of constitutional failure, nationalist frustration, and arguments over whether the province truly belonged inside Canada. Turnout was...
by Aseem Gupta | Mar 1, 2025 | Economics, Markets & Money
In November 2024, Germany’s three-party coalition collapsed after months of conflict over spending, taxation and how to revive an economy that had barely grown for years. A few months later, the Alternative für Deutschland finished second in Germany’s February 2025...
by Aseem Gupta | Jan 11, 2025 | Economics, Markets & Money
On December 4, 2024, UnitedHealthcare chief executive Brian Thompson was shot and killed outside a hotel in Midtown Manhattan. The killing was indefensible. Yet the public conversation that followed quickly moved beyond the crime itself. Investigators found words...
by Aseem Gupta | Dec 21, 2024 | Political Theory, Governance & Ideology
When the Department of Government Efficiency was announced in November 2024, it arrived with a number large enough to transform the United States government: $2 trillion. Elon Musk argued that a team of outsiders could identify waste, eliminate unnecessary programs,...
by Aseem Gupta | Dec 7, 2024 | Economics, Markets & Money
In December 1989, Japan looked like the country that had solved the future. Its companies dominated automobiles, consumer electronics, cameras, semiconductors, machine tools and precision manufacturing. American executives studied Japanese management methods with a...