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Regional Directory

George Friedman’s Thoughts: Russia and the Fight Against Tragedy

Karl Marx wrote that ā€œhistory repeats itself twice, the first time as tragedy and the second time as farce.ā€ The collapse of the Soviet...

Mexico’s Three Economic Fronts Face a Recession

Mexico is bracing for a serious economic recession this year, much like the rest of the world. But unlike many other countries, the Mexican...

Daily Memo: ‘Grave Danger’ in Oil Markets and North Korea

Kim rumors. CNN on Monday night, quoting a single U.S. intelligence official, reported that North Korean leader Kim Jong Un is in ā€œgrave danger...

Recession and Depression

A recession is an essential part of the business cycle. Among other things it culls the weaker businesses and redistributes capital and labor for...

South Korea After COVID-19

For a brief moment in mid-February, the South Korean city of Daegu looked like it was heading the way of Wuhan, the Chinese megacity...

Fiscal Measures to Combat the Coronavirus

(click to enlarge) As the coronavirus has spread across the globe, it has paralyzed economies. With widespread quarantines, demand has lagged, supply chains have been...

Postponing an Oil Production Catastrophe

Fresh off helping to broker a global agreement on oil production cuts on April 12, U.S. President Donald Trump has declared American cuts a...

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