Global Economy
Iran’s lithium lode: A potential strategic game-changer
Iran’s recent unearthing of a vast lithium deposit – potentially the world’s second largest – has sent shockwaves through the global lithium competition landscape. Amid the…
Sri Lanka’s deep debt bind
Sri Lanka today exists in a no man’s land between debt restructure and default. In late June, the government released its proposed domestic debt restructure deal, which in turn…
Economic diplomacy: Hard labour managing geo-economic fragmentation
Catching a wave
The Biden administration’s loosely named Inflation Reduction Act has flowed through the global economy like a tsunami engulfing everything from the reshoring…
De-dollarisation: shifting power between the US and BRICS
There has been increasing talk of the BRICS nations (Brazil, Russia, India, China and South Africa) developing a new currency that will rival the US dollar as the global reserve…
It’s no surprise Australia shrugged off China’s campaign of trade coercion
It has been clear for some time that China’s campaign of trade coercion against Australia has been rather ineffectual, either in imposing significant economic costs on Australia…
A return to old-school mercantilism?
Talk is cheap. In the international system, states closely monitor each other’s actions and rhetoric becomes secondary. With the acceleration of great power competition, states…
Indonesia’s new capital of power can’t afford the tangled wires of Jakarta
The electricity cable system in Jakarta is estimated to be more than 80,000 kilometres long, which is sufficient to circle the Earth more than twice. With the city’s rapid growth…
Economic diplomacy: Japan’s message in a gas bottle
New emissions
When Japan’s ambassador Shingo Yamagami left Australia earlier than scheduled in April, the Albanese government probably hoped it would get a break from his…
Why China tripled its heavy truck shipments to Central Asia: Unravelling the influence of Russia’s war in Ukraine
Trade data shows Central Asia’s imports from China are up sharply, as the region is progressively integrated into a Beijing-Moscow economic axis.
Central Asia is increasingly a…
Why the Black Sea Grain Initiative must be restored
Earlier this week, Russia announced that it would suspend its participation in the Black Sea Grain Initiative, the landmark diplomatic deal brokered by the United Nations and…