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Global trade

Tariffs – opportunities amid the chaos?

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On the back of President Trump’s tariff announcement (“Independence Day”), a massive dive across the world’s stock markets drove panic to huge levels. But was that panic really necessary? So many experts have claimed for years that trade tariffs were the worst thing a country could possibly do against its own economy, yet, if the [...]

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The Tripolar Era: Trump’s bold moves, Xi’s strategy, and Europe’s fight for relevance

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The world economy is entering a new era - one in which power is increasingly divided among three major continental blocs: the US, China and Europe. No longer a uni-polar world under post-Cold War US hegemony, the current landscape is defined by conflicting regulatory frameworks, trade policies and geopolitical ambitions. At the forefront of these

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Maximum Pressure – the USA’s stance in the Middle East

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In his second term, President Donald Trump has embarked on a series of assertive foreign policy shifts that are reshaping US engagement with the Middle East. Emphasising an "America First" agenda, the administration has adopted a more unilateral approach, re-evaluating traditional alliances and international commitments. ​A notable aspect of this strategy is the intensified ‘maximum

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Breaking out: Is Syria’s Hayat Tahrir al-Sham moving away from Jihad and Sharia law?

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As Syria’s new Hayat Tahrir al-Sham (HTS) led-government tentatively explores governance away from jihad and strict Sharia law, the reactions from extremist factions have been notably severe and revealing. Sami al-'Uraydi, leader of Syria's Tanzim Hurras al-Din (sometimes referred to as Al-Qaeda in Syria), has vocally opposed any deviation from Sharia, embodying a "Sharia or

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Sanctions and Secondary Risks: lessons from Russia, Iran and China

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Originally aimed at punishing specific nations, sanctions have evolved into a tool for influencing global behaviour, particularly in high-stakes countries like Russia, China and Iran. With the increasing complications of international trade and finance, sanctions have, for some time, not been limited to direct penalties on the targeted countries; they now extend to businesses, their

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The Rise of Economic Nationalism: how protectionist policies are ending globalism

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Global trade’s share of economic output has decreased, while industrial policies focused on bolstering domestic industries are increasing, especially in wealthier countries. This change has since last year been dubbed "slowbalisation", signalling a slowdown in globalisation. However, rather than indicating a complete reversal, this shift reflects a growing emphasis on the protection of domestic industries,

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Breaking point in the Northern Triangle – Guatemala, Honduras and El Salvador

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Central America’s Northern Triangle consisting of Guatemala, Honduras and El Salvador (with a total of 9.2 million people) is grappling with relentless political upheaval and unrest. This not only impinges on domestic conditions but also seriously impacts international migration figures and foreign policy. The region's strategic importance, due to its proximity to major trade routes

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India among superpowers: what is its geopolitical role?

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India is recognised as a growing power in global politics. Its rise is not simply due to economic growth but also its deft ability to handle present-day international diplomacy. The country’s key strength is its capability to both maintain and leverage relationships with world leaders and regional actors. This includes improving ties with the US

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Made in China: Is ‘China Plus One’ Working?

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As multinationals adapt to the shifting challenges of global manufacturing, the ‘China plus one’ strategy was devised to facilitate such change. This approach promoted the diversification of supply chains away from China to neighbouring states to mitigate risks amid geopolitical upheaval. Unfavourable political exchanges aside, foreign business operating in China were also facing rising labour

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Shift of Power: The Pivot of Multinationals to Asia and its Global Impact

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In response to stagnating growth in traditional markets, multinationals from the West have been turning their attention to Asia, a region abundant in economic growth and increasing consumer numbers. Western capitalists are being enticed by the need for diversified investments and higher returns. In this article, we examine the motivations of Western businesses moving into

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