Tag Archives: Analysis

Preview: Foreign Affairs Magazine- May/June 2023

May/June 2023

Foreign Affairs – May/June 2023 issue:

In Defense of the Fence Sitters

What the West Gets Wrong About Hedging

Kumé Pather

As countries in the global South refuse to take a side in the war in Ukraine, many in the West are struggling to understand why. Some speculate that these countries have opted for neutrality out of economic interest. Others see ideological alignments with Moscow and Beijing behind their unwillingness to take a stand—or even a lack of morals. But the behavior of large developing countries can be explained by something much simpler: the desire to avoid being trampled in a brawl among China, Russia, and the United States.   

The Upside of Rivalry

India’s Great-Power Opportunity

Kumé Pather

For China, Russia, and the West, the last year has been one of fear and conflict. Russia’s invasion of Ukraine has killed tens of thousands, perhaps even hundreds of thousands, of people. It has prompted the United States and Europe to rearm and has pushed Moscow and Washington back into Cold War–style competition. 

Climate Change: 10 Foods That Keep Getting Pricier

Insider Business (April 4, 2023) – Purple flowers in Kashmir produce the world’s most expensive spice — saffron. While it can sell for $10,000 per kilogram, climate change is making it even more expensive. Because of lower-than-usual rainfall over the last few years, production has dropped significantly.

And fields that once yielded this delicate spice have become sites for new housing construction. Climate change is threatening the production of all kinds of foods from cloves in India to eels in Japan and Spain. Here are 10 expensive, and vulnerable, foods and why climate change is making them so much more expensive.

Finance: Why Do U.S. Banks Keep Going Bankrupt?

CNBC (April 3, 2023) – The collapse of Silicon Valley Bank, Signature Bank and Credit Suisse were a harsh reminder of how quickly a trusted institution could fail, putting billions of dollars at risk.

Over 550 banks have collapsed since 2001, according to the FDIC. So what exactly causes a bank to fail? And what implications does it have on the U.S. economy?

Chapters: 00:00 — Introduction 01:41 — Chapter 1 05:28 — Chapter 2 08:55 — Chapter 3

Rent Inflation: The Rise Of New ‘Luxury’ Apartments

CNBC (April 2, 2023) – An apartment building boom is unfolding in cities across the U.S. Many of the new units come with “luxury” amenities, like pools and fast-access to transportation. Experts say the uptick in supply is welcome news, but won’t ease rent inflation anytime soon.

Chapters: 0:00 — Introduction 1:09 — Chapter 1: “Luxury” 5:42 — Chapter 2: Policy 9:55 — Chapter 3: Increasing supply

As a result, many cities remain stuck in a price-elevating housing shortage. Washington lawmakers are now scrutinizing regulations that slow the pace of homebuilding, in an attempt to slow rent inflation.

The War In Europe: Poland Expands As Military Power

The Telegraph (March 29, 2023) – Following Russia’s invasion of Ukraine, Poland has been investing billions in new tanks, weaponry, cyber operations and manpower. By 2035 Poland hopes to double the size of its armed forces to 300,000 troops.

There is even talk of the country becoming a major military power in Europe. Watch The Telegraph’s Steven Edginton interview key members of the Polish military and politicians to understand why they are rearming. He also asked young Poles whether they are prepared to die for their country.

For Poland, investing in the military is no longer a luxury but a necessity. With conflict at their border (don’t forget that two Poles have already been casualties of this war, killed by a stray Ukrainian missile) Poland can no longer rely only on the United States and its Nato allies for protection.

Warsaw plans to increase military spending to 5% of its GDP, outspending its fellow European capitals relatively by a wide margin. Poland’s military expansion must be thought of within the context of the nation’s history. You don’t have to be a pensioner to remember a time when Poland was suffering under Communist rule.

Monuments to the Soviet oppressors litter cities like Warsaw, where one can wonder at Stalin’s “gift” to the Poles, the grand Palace of Culture, and despite the government’s best efforts to tear them down many statues still stand commemorating the Red Army as “liberators”.

American Economy: The $2 Trillion Green Stimulus

The Economist (March 2, 2023) – America is spending trillions of dollars in an effort to make the country stronger, greener and richer. These are the three key things you need to know about the plan and its chances of success.

Video timeline: 00:00 – A new green America 00:30 – Democrats are being ambitious 01:14 – Manufacturing will move to America 01:53 – Planning could be a stumbling block

To read more about Biden’s plans to remake America’s economy: https://econ.st/3IEGNiP

Preview: Foreign Affairs Magazine – March 2023

March/April 2023

Foreign Affairs – March/April 2023 issue:

What Russia Got Wrong

Can Moscow Learn From Its Failures in Ukraine?

Pakistan’s Twin Crises

The Dangerous Convergence of a Collapsing Economy and Surging Terrorism

Israel’s Dangerous Shadow War With Iran

Why the Risk of Escalation Is Growing

Fashion: The High Cost Of Handmade Bespoke Shoes

Insider Business (February 4, 2023) – Handmade bespoke dress shoes take months to make. Shoemakers transform rough measurements of a customer’s feet into a one-of-a-kind shoe. One pair can cost over £5,000.

London has been a hub for shoemaking for centuries, and while the industry has shrunk over time, an increase in demand from Japan and the US has helped to reignite interest in this craft. So, why would someone buy bespoke dress shoes? And what makes them so expensive?

Opinion: Disney Turns 100, A Dictator In Turkey, How The Young Spend Money

The Economist ‘Editor’s Picks’ (January 23, 2023) A selection of three essential articles read aloud from the latest issue of The Economist. This week, Disney’s second century, Turkey’s looming dictatorship (10:25) and how young people spend their money (17:35). 

Energy / Technology: How Close Is Fusion Power?

For the first time, US scientists have achieved a fusion reaction with net energy gain. But the dream of limitless zero-carbon energy is still a long way from reality.

Video timeline: 00:00 – What powers the universe 01:04 – ITER: the biggest experiment in human history 04:28 – What is fusion? 06:38 – Replicating the sun 08:38 – The US breakthrough 13:46 – The investors 20:40 – A new class of magnet 24:30 – Dream or reality?

The FT’s Simon Mundy meets scientists and investors in the UK, France and US, to see how close we really are to commercial fusion power.

Read more at https://on.ft.com/3GJl1JF