Enrique Krauze sees an opportunity to take the path not chosen after the Soviet Union’s collapse more than three decades ago.

Anne-Marie Slaughter & Stephen B. Heintz explain how those still committed to multilateralism can go about preserving it.

Ákos Tóth thinks the European Union has much to learn from government efforts to capture Hungarian media. mrf.lu/8JmC

... facing the domestic economy are intensifying. This is a moment for humility and decisive action rather than hubris www.project-syndicate.org/commentary/d... #economy #markets #middleeastwar @projectsyndicate.bsky.social 2 of 2

Nuclear Deterrence Is No Longer Enough

Mohamed A. El-Erian warns that, despite its strengths, the economy will not remain insulated from the Iran war’s adverse spillovers.

The start of a new five-year plan is a crucial moment for the Chinese leadership to debate the strategic opportunities and challenges that lie ahead. But that no longer happens, argues Stephen S. Roach (@ssruschina.bsky.social). bit.ly/3NT2cv6

Jacques Attali thinks that what we view as an exploitable resource is collective infrastructure essential to open societies.

An important read: Nobel Laureate Michael Spence on "The Global Economy’s Many Chokepoints." www.project-syndicate.org/commentary/a... #economy #markets #resilience #supplychains @projectsyndicate.bsky.social

My latest... desalination plants and nuclear targets... the escalation continues. Iran’s Water Weapon Against the Gulf by Michael Christopher Low @projectsyndicate.bsky.social prosyn.org/ZOpBprB

Nouriel Roubini thinks President Donald Trump is on the hook politically to try to “finish the job” of regime change.

Shashi Tharoor touts the shift to a holistic and proactive approach that coordinates agencies and addresses root causes.

Jun Du explains why America’s self-defeating trade policy has helped who it was supposed to hurt, and vice versa.

Jayati Ghosh thinks double standards are fueling a conflict whose costs will ultimately be borne by the developing world.

Jeffrey Frankel tallies the costs and benefits of hosting newcomers and shows that hunting them down is much more expensive.

Elias Kagumya highlights efforts to turn the net-zero transition into a catalyst for industrialization and equitable growth.

Sophie Eisentraut sees many governments’ newfound realism as a cover for their abdication of global leadership.

Desmond Lachman explains why the country is particularly poorly positioned to weather a food- and energy-price shock.

Thomas Bernt Henriksen explains why a government that seemed to have gotten the most important things right just lost power.

Helen Clark warns that a US ground operation will only escalate the conflict and add to the nuclear-proliferation risk.

Michael R. Strain argues that the benefits of substantial gains would outweigh the costs in advanced economies.

Anne O. Krueger laments that the “America First” trade agenda has destabilized the world order with little to show for it.

James K. Galbraith marvels at the discontinuity between Donald Trump’s National Security Strategy and his Iran misadventure.

The stagflationary pressures now bearing down on the world economy are not an aberration. They are the predictable result of leaders like Donald Trump taking economic interdependence for granted, writes Şebnem Kalemli-Özcan (@kalemli-ozcan.bsky.social). bit.ly/4bPDQdP

Economists have been discussing generative AI’s possible effects on productivity. But from a cultural and political perspective, it is useful to ask: How much productivity growth should society desire? My @projectsyndicate.bsky.social column. www.project-syndicate.org/commentary/a... #econsky

James K. Galbraith marvels at the discontinuity between Donald Trump’s National Security Strategy and his Iran misadventure.

In a new PS Big Picture, Jorge G. Castañeda, Brahma Chellaney, Roberta Lajous, and Andrés Velasco assess Cuba’s prospects as the US fuel blockade plunges it into crisis. bit.ly/41vG1yi

Anne O. Krueger laments that the “America First” trade agenda has destabilized the world order with little to show for it.

@petersinger.info & Savita Pawnday rebut the view that the United Nations-endorsed R2P doctrine cleared a legal path to the US-Israeli airstrikes. mrf.lu/f_sF

The alliance system that the US spent decades building through patient, steady investment has been dismantled in a matter of months by @realDonaldTrump. Its ruins lie in the Strait of Hormuz, says @stholmes0707.bsky.social. bit.ly/4szhKU3

Thomas Bernt Henriksen explains why a government that seemed to have gotten the most important things right just lost power.

Andrés Velasco sees little room – or appetite – for democratization in the Trump administration's strategy for the island.

Governments must not let this latest shock paralyze them. The moment demands decisive action to minimize human suffering and invest in long-term energy security, @mazzucatom.bsky.social writes. bit.ly/3PupAj7

Harold James considers historical parallels to America's reckless “excursion” against the Islamic Republic of Iran.

Khiara M. Bridges foresees worse outcomes if Nigel Farage’s proposal to subsidize private insurance succeeds.

Desmond Lachman explains why the country is particularly poorly positioned to weather a food- and energy-price shock.

Mariana Mazzucato wants governments to use the latest spike in fossil-fuel prices to put their economies on a new footing.

Karl P. Sauvant urges adoption of the Investment Facilitation for Development Agreement at this week's ministerial conference.

US foreign policy has long relied on economic pain to force adversaries into submission. But that logic is likely to fail in #Iran, notes Stanford’s Michele Gelfand. bit.ly/4uCSmOy

The “diagnostic gap” – the difference between confirmed and estimated TB cases – is the greatest barrier to an effective global response. ASLM News’s Anafi Mataka and Georgetown’s Sharonann Lynch explain how to close it. bit.ly/4stIl4I

Sophie Eisentraut sees many governments’ newfound realism as a cover for their abdication of global leadership.

Jorge G. Castañeda says that while the US has the upper hand, its aim – regime change or regime compliance – remains unclear.

Peter Singer & Gregory E. Pence describe the many problems, from systemic bias to fraud, associated with platforms like GoFundMe.

@stholmes0707.bsky.social shows how Iran is exploiting its adversaries’ specific vulnerability – their reputation for stability. mrf.lu/f5w5

Ingrid Robeyns offers both philosophical and practical arguments against permitting extreme wealth concentration.

Dambisa Moyo identifies three major trends that will determine winners and losers in financial markets.

Desmond Lachman thinks the global outlook is clouded by a number of factors, beginning with Donald Trump’s recklessness.

Mark Blyth suggests that the United States has very little to gain by reverting to overt imperialism.

Bharat Chandar, et al consider what the technology's current capabilities mean for jobs, careers, and professional life.

Simon Johnson concludes that the US economy's performance in 2017 was disappointing, and warns of new risks in 2018.