The Shifting Role of Reserve Currencies and the Remaking of Global Financial Architecture.
For over seven decades, the global financial system has rested on a simple foundation: the dominance of the US dollar. It has served as the world’s...
The Sunday Perspective
Playing All Sides, Pleasing None: Bangladesh’s Dangerous Dance with Pakistan and China.
Bangladesh’s sudden fondness for Pakistan, abetted by China’s not-so-subtle elbowing of India, looks less like bold statecraft and more like a geopolitical trust fall—performed without checking...
Strategic Depth, Shallow Trust: How Pakistan Lost the Taliban—and Washington and Beijing Lost the Plot.
If foreign policy came with a warranty, Pakistan would be filing a claim. After decades of cultivating influence in Afghanistan, Islamabad has discovered that the Taliban,...