With China, Russia, and the United States fine-tuning anti-satellite (ASAT) warfare capabilities, the third round of competition to “seize the high ground” of space is well under way. This round is di ...More
EJ Insight2016-02-11
For months now, China’s exchange-rate policy has been roiling global financial markets. More precisely, confusion about that policy has been roiling the markets. Chinese officials have done a poor job ...More
EJ Insight2016-02-11
The Red Sea has played a pivotal role in global trade for millennia. In the time of the pharaohs, it was at the heart of the global spice trade. Today, it is an essential global artery, feeding Wester ...More
EJ Insight2016-02-11
US politics has been captured by terrorists. In December, polls showed that one in six Americans, about 16 percent of the population, now identify terrorism as the most important national problem, up ...More
EJ Insight2016-02-05
Since 2016 began, the prospect of a major devaluation of China’s renminbi has been hanging over global markets like the Sword of Damocles. No other source of policy uncertainty has been as destabilizi ...More
EJ Insight2016-02-03
Currency market volatility has been around for decades, if not centuries. Wide gyrations in exchange rates became a staple of international financial markets after the Bretton Woods system broke down ...More
EJ Insight2016-02-01
The Chinese economy has caught a surprisingly severe cold this winter – a cold so bad that almost all global markets are sneezing. During the first two weeks of 2016, the Shanghai Composite Index fell ...More
EJ Insight2016-02-01
假若你對今年美國總統大選的選情感到困惑，也許你事實上較那些願意隨口預測結果的所謂專家們更了解本屆大選的實況。隨 ...全文
今日信報EJ Global信觀點Elizabeth Drew2016年01月30日
China's shift from export-driven growth to a model based on domestic services and household consumption has been much bumpier than some anticipated, with stock-market gyrations and exchange-rate volat ...More
EJ Insight2016-01-28
Technological innovation has long triggered diametrically opposed reactions: awe of new possibilities for some; for others, fear of disruptive change. But most of us don’t even realize what is happeni ...More
EJ Insight2016-01-22
With the Shanghai Stock Exchange Composite Index down more than 40 percent since last June, investors worldwide are watching the decline with growing concern -- but not because they are invested in th ...More
EJ Insight2016-01-20
Since its introduction by Chinese President Xi Jinping in 2013, the “one belt, one road” initiative – an ambitious plan to revitalize the ancient Silk Road overland and maritime trade routes linking E ...More
EJ Insight2016-01-18
The Muslim world’s past contributions to science and education were extraordinary. The Islamic “golden age” – during which scholarship and learning flourished across the Muslim world – lasted many cen ...More
EJ Insight2016-01-14
Until recently, the usual thinking among macroeconomists has been that short-term weather fluctuations don’t matter much for economic activity. Construction hiring may be stronger than usual in March ...More
EJ Insight2016-01-12
The recent decline in China’s currency, the renminbi, which has fueled turmoil in Chinese stock markets and drove the government to suspend trading twice last week, highlights a major challenge facing ...More
EJ Insight2016-01-12
The upcoming referendum on Britain’s continued membership in the European Union, almost certain to be held this year, could turn out to be yet another major catastrophe to hit Europe. If, as seems inc ...More
EJ Insight2016-01-06
At the cusp of the new year, we face a world in which geopolitical and geo-economic risks are multiplying. Most of the Middle East is ablaze, stoking speculation that a long Sunni-Shi'ite war (like Eu ...More
EJ Insight2016-01-05
When it comes to sovereign debt, the term “default” is often misunderstood. It almost never entails the complete and permanent repudiation of the entire stock of debt; indeed, even some Czarist-era Ru ...More
EJ Insight2016-01-04
For most people, the arrival of a new year prompts a moment of reflection on what has been working and what needs to change. Not for the people of North Korea. In that benighted country, "New Year's r ...More
EJ Insight2015-12-31
When Facebook founder Mark Zuckerberg and his wife Priscilla Chan recently announced their plan to devote some US$45 billion in Facebook shares toward making the world a better place, some critics wro ...More
EJ Insight2015-12-30
