Illustration: Craig Stephens

Opinion | More than just hot air: ‘spy balloon’ shows Beijing is in a retaliatory mood

The incident is just one recent example of Beijing testing Washington’s ‘guardrails’, with Xi also reportedly planning a trip to Moscow. After a number of affronts by the US, including a new chip embargo and a deal with the Philippines to access military bases near Taiwan, China is showing it is capable of turning tough.

8 Feb 2023 - 3:45AM

Macroscope | US won’t be so easily supplanted by Europe and China in stock markets

A rally in European and emerging market shares is fuelling speculation that the US’ decade-long stock market dominance is drawing to an end. But whether such a prediction comes to pass depends on how far the US dollar and global energy prices continue to fall.

A rally in European and emerging market shares is fuelling speculation that the US’ decade-long stock market dominance is drawing to an end. But whether such a prediction comes to pass depends on how far the US dollar and global energy prices continue to fall.

3 Feb 2023 - 3:04AM

Opinion | West’s arming of Ukraine threatens to fuel endless cycle of violence

The possibility that weapons earmarked for Ukraine could be diverted and wind up on the black market in the hands of criminals and terrorists cannot be ignored. The international community must find a way to end the conflict before things spiral out of control.

The possibility that weapons earmarked for Ukraine could be diverted and wind up on the black market in the hands of criminals and terrorists cannot be ignored. The international community must find a way to end the conflict before things spiral out of control.

2 Feb 2023 - 4:35AM

Inside Out | Even ‘least-worst’ scenario in Ukraine is disastrous for the global economy

Business and political leaders at the World Economic Forum appear to have been buoyed by the possibility of a Ukrainian victory in 2023. Yet, however welcome such an outcome, it wouldn’t reverse the damage already inflicted on Ukraine, Europe and the world, recovery from which could still take years.

Business and political leaders at the World Economic Forum appear to have been buoyed by the possibility of a Ukrainian victory in 2023. Yet, however welcome such an outcome, it wouldn’t reverse the damage already inflicted on Ukraine, Europe and the world, recovery from which could still take years.

30 Jan 2023 - 1:30AM

Opinion | How climate change is helping to drive the rise of Germany’s far right

The effects of climate change are pushing more people to leave Africa and the Middle East for the wealthier, more temperate climes of Europe. Governments must look to ease costs in key sectors such as housing, energy and heathcare to reduce the far-right’s appeal amid the influx of migrants.

The effects of climate change are pushing more people to leave Africa and the Middle East for the wealthier, more temperate climes of Europe. Governments must look to ease costs in key sectors such as housing, energy and heathcare to reduce the far-right’s appeal amid the influx of migrants.

29 Jan 2023 - 7:15AM

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A logo on a window at the Congress Centre during the World Economic Forum in Davos, Switzerland, on January 19. Photo: Bloomberg

Opinion | Davos elite are fooling no one with their ‘everything is fine’ message

The cheerful mood at the World Economic Forum is at odds with a world mired in war, inflation, US-China tensions and recession fears. Business leaders should have been demanding an end to the conflicts and competition ailing the global economy; instead they sought to downplay them.

28 Jan 2023 - 5:00PM

Opinion | The West must finally start listening to the Rest

Western thinkers have themselves long warned that the US-led West cannot thrive on the belief that it speaks for the whole world. The war in Ukraine has underscored the West’s failure both to bring the East under its control and to convince the South to support its messaging.

Western thinkers have themselves long warned that the US-led West cannot thrive on the belief that it speaks for the whole world. The war in Ukraine has underscored the West’s failure both to bring the East under its control and to convince the South to support its messaging.

28 Jan 2023 - 4:24AM

Opinion | US trade war with China is causing a rift with Europe

Europe is pushing back against US demands for it to stop selling semiconductor technology to China. Brussels’ insistence on setting its own trade terms with China is good news for Beijing – even if EU-China tensions persist elsewhere.

Europe is pushing back against US demands for it to stop selling semiconductor technology to China. Brussels’ insistence on setting its own trade terms with China is good news for Beijing – even if EU-China tensions persist elsewhere.

20 Jan 2023 - 2:03AM

Opinion | Europe must forge strategic independence from the US to ensure its survival

If the European Union wants to be a viable actor in this emerging world order and not merely an appendage of one of the two superpowers, it must be able to protect itself instead of relying on outside help for its security.

If the European Union wants to be a viable actor in this emerging world order and not merely an appendage of one of the two superpowers, it must be able to protect itself instead of relying on outside help for its security.

19 Jan 2023 - 2:35AM

Opinion | Why the global democratic alliance is nothing more than a Western fantasy

The West likes to argue that market capitalism and political liberalism go hand in hand; in reality, the former has proved far more powerful than the latter. Having made countries around the world economically interdependent, the West should not expect them to jeopardise their global links by taking political sides.

The West likes to argue that market capitalism and political liberalism go hand in hand; in reality, the former has proved far more powerful than the latter. Having made countries around the world economically interdependent, the West should not expect them to jeopardise their global links by taking political sides.

12 Jan 2023 - 4:02AM

Inside Out | Meetings: the bane or backbone of company culture?

Pressure to increase productivity and profits is prompting some companies to try and reclaim the millions of hours spent annually stuck in pointless meetings. They may indeed be a pain and a drain, but done right, meetings can also serve as an arena for participation and learning, as well as a fair bit of drama.

Pressure to increase productivity and profits is prompting some companies to try and reclaim the millions of hours spent annually stuck in pointless meetings. They may indeed be a pain and a drain, but done right, meetings can also serve as an arena for participation and learning, as well as a fair bit of drama.

9 Jan 2023 - 9:15AM

Reflections | Russia-Ukraine war seem long? China’s longest dragged on for 300 years

Russia invaded Ukraine 11 months ago. That’s a blink of an eye when you consider the Hundred Years’ War, The Crusades, or China’s 289-year war with northern nomads.

Russia invaded Ukraine 11 months ago. That’s a blink of an eye when you consider the Hundred Years’ War, The Crusades, or China’s 289-year war with northern nomads.

9 Jan 2023 - 7:45AM

Macroscope | Sustained slower growth may be a reality, but high inflation can be tamed

War and the pandemic left most countries facing high inflation and low growth in 2022. Yet while there is always the risk of further shocks, stagflation need not become a long-term problem, provided monetary authorities maintain restrictive policies.

War and the pandemic left most countries facing high inflation and low growth in 2022. Yet while there is always the risk of further shocks, stagflation need not become a long-term problem, provided monetary authorities maintain restrictive policies.

9 Jan 2023 - 3:30AM

The View | Ukraine’s economic recovery will be worth the cost for Europe

When the war finally ends, Ukraine must begin the much longer and costlier process of reconstruction, and for that it will need the help of its European neighbours. Yet as was proved when the US helped to rehabilitate Europe after WWII, economic support strengthens regional stability, without which peace would be fleeting.

When the war finally ends, Ukraine must begin the much longer and costlier process of reconstruction, and for that it will need the help of its European neighbours. Yet as was proved when the US helped to rehabilitate Europe after WWII, economic support strengthens regional stability, without which peace would be fleeting.

23 Nov 2022 - 10:51PM

Opinion | Despite soaring inflation, UK supermarkets seem cheap compared to Hong Kong

UK food prices are rising at a staggering rate, but do not seem so bad to someone used to the cost of an expat lifestyle in Hong Kong, with many supermarket staples cheap in comparison.

UK food prices are rising at a staggering rate, but do not seem so bad to someone used to the cost of an expat lifestyle in Hong Kong, with many supermarket staples cheap in comparison.

19 Nov 2022 - 2:15PM

Outside In | COP27: so far, so blah as rich nations dodge climate bill, funding pledges

Critics say the campaign to prevent warming beyond 1.5 degrees Celsius above pre-industrial levels has largely failed. Carbon schemes, meanwhile, are criticised for lacking integrity, as rich nations continue to quibble over compensation for loss and damage.

Critics say the campaign to prevent warming beyond 1.5 degrees Celsius above pre-industrial levels has largely failed. Carbon schemes, meanwhile, are criticised for lacking integrity, as rich nations continue to quibble over compensation for loss and damage.

13 Nov 2022 - 2:13PM

Opinion | Ukraine war is teaching world hard lessons about weaponised interdependence

Russia’s invasion of Ukraine and the events that followed have revived discussions on increased dependence on adversarial nations. Whether in the developed West or the Global South, countries are asking hard questions about the kind of globalisation practised in the past two decades.

Russia’s invasion of Ukraine and the events that followed have revived discussions on increased dependence on adversarial nations. Whether in the developed West or the Global South, countries are asking hard questions about the kind of globalisation practised in the past two decades.

31 Oct 2022 - 2:02AM

Opinion | Biden’s national security strategy highlights paradox of US-China relations

China-US collaboration in research and innovation will be critical to addressing climate change, pandemics and other challenges that no country can handle alone. It is difficult to square the national security strategy’s avowed commitment to global cooperation on shared threats with its overriding emphasis on geopolitical competition, particularly with China.

China-US collaboration in research and innovation will be critical to addressing climate change, pandemics and other challenges that no country can handle alone. It is difficult to square the national security strategy’s avowed commitment to global cooperation on shared threats with its overriding emphasis on geopolitical competition, particularly with China.

26 Oct 2022 - 9:00AM

The View | Multilateral development banks can lead battle against economic turbulence

Multilateral development banks are uniquely placed to mobilise public and private money to tackle the economic factors stunting growth and sustainable development, helping drive capital towards projects that address the economic impact of climate change or lack of digital infrastructure across emerging economies.

Multilateral development banks are uniquely placed to mobilise public and private money to tackle the economic factors stunting growth and sustainable development, helping drive capital towards projects that address the economic impact of climate change or lack of digital infrastructure across emerging economies.

25 Oct 2022 - 10:44PM

Macroscope | World is waking up to how development banks can fund social good

Calls are growing for MDBs to expand their financing and play a bigger role in funding global challenges, from climate change to infrastructure renewal.

Calls are growing for MDBs to expand their financing and play a bigger role in funding global challenges, from climate change to infrastructure renewal.

24 Oct 2022 - 3:30AM