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Economy

Tariffs, debt, inflation, and markets: who pays the bill, and when.
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329 pieces
OPINION: 5% of GDP or Zero — Hegseth Rang the Bell at NATO
Note· No. 433

OPINION: 5% of GDP or Zero — Hegseth Rang the Bell at NATO

There was something unusual in the NATO hall in Brussels on June 18, 2026. Not the rhetoric — Alliance meetings always carry their share…

BREAKDOWN: ONTARIO LAUNCHES ODIS — 300 FIRMS, 43,000 JOBS, A PROVINCE AT ECONOMIC WAR
Analysis· No. 416

BREAKDOWN: ONTARIO LAUNCHES ODIS — 300 FIRMS, 43,000 JOBS, A PROVINCE AT ECONOMIC WAR

In late May 2026, at the CANSEC trade show in Ottawa — Canada's largest defence and security equipment show — Ontario Premier Doug Ford…

ANALYSIS: CARNEY PLEDGES 5% OF GDP FOR DEFENCE — WHAT IT REALLY COSTS CANADA
Analysis· No. 415

ANALYSIS: CARNEY PLEDGES 5% OF GDP FOR DEFENCE — WHAT IT REALLY COSTS CANADA

On June 25, 2025, at the NATO Summit in The Hague, Prime Minister Mark Carney announced that Canada was committing to raising its defence…

DECODING: China's Lijian anti-drone lasers — the portable weapon rewriting the rules of combat
Analysis· No. 405

DECODING: China's Lijian anti-drone lasers — the portable weapon rewriting the rules of combat

From June 16 to 18, 2026, the Chinese capital hosted the Defence Information Equipment and Technology Exhibition, a restricted-access military trade show presenting the…

REPORT: BEIJING SANCTIONS 10 US FIRMS AND BANS 46 FROM PUBLIC MARKETS — THE TRADE WAR RESUMES
Reportage· No. 401

REPORT: BEIJING SANCTIONS 10 US FIRMS AND BANS 46 FROM PUBLIC MARKETS — THE TRADE WAR RESUMES

On Monday, June 22, 2026, as Washington was still digesting the fallout from its 1260H list expanded to 188 Chinese companies, Beijing responded with…

ANALYSIS: Russia's war economy under strain — the cracks are widening
Analysis· No. 387

ANALYSIS: Russia's war economy under strain — the cracks are widening

In March 2022, when the first major waves of Western sanctions hit Russia — freezing the central bank's reserves, exclusion from SWIFT, export bans…

COMMENTARY: Brazil at 25% — the Trade Offensive Targeting Lula and Defying the Hemisphere
Commentary· No. 369

COMMENTARY: Brazil at 25% — the Trade Offensive Targeting Lula and Defying the Hemisphere

On June 1, 2026, the Office of the United States Trade Representative (USTR) dropped a silent bomb into hemispheric relations: a proposal

FACT-CHECK: Tariffs Struck Down — $65 Billion in Refunds Still Owed to Importers
Analysis· No. 367

FACT-CHECK: Tariffs Struck Down — $65 Billion in Refunds Still Owed to Importers

On February 20, 2026, the United States Supreme Court issued one of the most consequential commercial rulings of the modern era. In

TESTIMONY: 330,000 Lives on Hold — The Anguish of Ohio's Haitian Families
Profile· No. 363

TESTIMONY: 330,000 Lives on Hold — The Anguish of Ohio's Haitian Families

There is a city in west-central Ohio called Springfield. About 60,000 inhabitants, a manufacturing economy in reconstruction, neighborhoods that have known deindustrialization

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