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Economy

Tariffs, debt, inflation, and markets: who pays the bill, and when.
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ESSAY: Beijing Blacklists Japan — When Rare Earths Become a Weapon of Economic Destruction
Essay· No. 1635

ESSAY: Beijing Blacklists Japan — When Rare Earths Become a Weapon of Economic Destruction

On June 29, 2026, China's Ministry of Commerce (MOFCOM) added 20 Japanese entities to its export control list for dual-use goods. An

DECODING: China's PMI at 50.3 in June — the AI fever masks a two-speed economy
Analysis· No. 1618

DECODING: China's PMI at 50.3 in June — the AI fever masks a two-speed economy

On June 30, 2026, China's National Bureau of Statistics (NBS) published its official manufacturing PMI for June 2026: 50.3. That figure beats

COLUMN: Trump threatens Europe with a 100% tariff — the digital war that has been brewing for years
Column· No. 1612

COLUMN: Trump threatens Europe with a 100% tariff — the digital war that has been brewing for years

On June 26, 2026, Donald Trump launched a trade threat of a brutality rarely seen in peacetime: 100% customs duties on all

INVESTIGATION: Moroccan fertilizer, the Iran war and inflation — why Trump had to bend on his own tariffs
Investigation· No. 1609

INVESTIGATION: Moroccan fertilizer, the Iran war and inflation — why Trump had to bend on his own tariffs

On June 29, 2026, Donald Trump signed a presidential proclamation declaring an economic state of emergency to temporarily suspend — for 8

COMMENTARY: CUSMA in limbo — Trump leaves North America's greatest trade deal in a void
Commentary· No. 1608

COMMENTARY: CUSMA in limbo — Trump leaves North America's greatest trade deal in a void

On July 1, 2026, the CUSMA — the Canada-United States-Mexico Agreement, known as USMCA on the American side and T-MEC in Mexico

TESTIMONY: Trump, 100% Tariffs on Digital Taxes — The EU Deal Blown Up in 48 Hours
Profile· No. 1576

TESTIMONY: Trump, 100% Tariffs on Digital Taxes — The EU Deal Blown Up in 48 Hours

On June 25, 2026, all 27 European Union member states finally ratified the Turnberry deal — the trade agreement concluded between Donald Trump and…

REPORT: Crimea Under a State of Emergency — Fuel Shortages and Blackouts After 40 Days of Strikes
Reportage· No. 1568

REPORT: Crimea Under a State of Emergency — Fuel Shortages and Blackouts After 40 Days of Strikes

On June 26, 2026, the Russian occupation authorities in Crimea signed decrees declaring a regional state of emergency. The official justification: the need to…

OPEN LETTER: Ukraine Strikes Russia's Helium and Gas at 1,200 km From the Front — a Massive Economic Blow
Open letter· No. 1564

OPEN LETTER: Ukraine Strikes Russia's Helium and Gas at 1,200 km From the Front — a Massive Economic Blow

On the night of June 23–24, 2026, Ukraine's Special Operations Forces reached farther into Russian territory than almost any previous strike in this war.…

COLUMN: The DOJ Drops Its Subpoenas Against WaPo and WSJ — a Retreat That Hides a Dangerous Advance
Column· No. 1560

COLUMN: The DOJ Drops Its Subpoenas Against WaPo and WSJ — a Retreat That Hides a Dangerous Advance

On June 23, 2026, the Trump administration withdrew its subpoenas (grand jury subpoenas) targeting journalists from the Washington Post and the Wall Street Journal.…

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