Opinion

China’s Shift to Debt Collector in Developing Countries—From Lender to Loan Shark
For the world’s poorest countries, Beijing has gone from an investing partner to a hard-nosed creditor.
IMF’s Outlook: Not Great
The West slows while Asia takes the lead.
Universal Childcare: Real Problem, Wrong Solution
New Mexico’s universal childcare experiment will likely worsen shortages and raise costs. Families will pay—if they can get care at all.
Demonizing and Prosecuting Fossil Fuels Companies: Misguided and Pernicious
On a net basis, fossil fuels have abundantly blessed humankind. The producers of those fuels deserve our gratitude, not our censure or condemnation.
China–Russia–Iran–North Korea Ties: Weaker and Less Economically Significant Than They Seem
Whatever the geopolitical ramifications of cooperation within this group, its economic reach and finances are far from enough to topple the international system