NEW YORK — The world heaved a sigh of relief this month when the feared “red wave” of Republican victories in the US midterms failed to materialise. While the Republicans took the House of Representatives by a narrow margin, the Democrats held on to the Senate.

NEW YORK  —  Politically, the G-7 and likeminded countries around the world have adopted a war footing to stop Russian aggression.

NEW YORK — US Senate Democrats’ compromise bill, the Inflation Reduction Act (IRA) of 2022, addresses not just inflation but also several key longstanding problems facing our economy and society.There is a simmering debate about the causes of today’s inflation; but regardless of

NEW YORK  —  The United States appears to have entered a new cold war with both China and Russia.

DAVOS  —  The World Economic Forum’s first meeting in more than two years was markedly different from the many previous Davos conferences that I have attended since 1995.

NEW YORK  —  The fallout from Russia’s invasion of Ukraine has reminded us of the unforeseeable disruptions constantly confronting the global economy. We have been taught this lesson many times.

NEW YORK — Although some supply shortages were anticipated as the global economy reopened after the COVID-19 lockdowns, they have proved more pervasive and less transitory than had been hoped.

NEW YORK — Although COVID-19 has been hard on everyone, it has not been an “equal opportunity” disease. The virus poses a greater threat to those who are already in poor health, many of whom are concentrated in poor countries with weak public-health systems.

NEW YORK — US President Joe Biden faces a critical decision: Whom to appoint as chair of the Federal Reserve (Fed), arguably the most powerful position in the global economy.The wrong choice can have grave consequences.