The start of the hajj is reigniting debates around its commercialization, but pilgrimages are also a time for seeking business opportunities, writes a scholar of Islam.
Jane Kelsey, University of Auckland, Waipapa Taumata Rau
For years, New Zealand has tried to separate its economic dependency on China from its pro-Western strategic alliances. The new Indo-Pacific Economic Framework tests that balancing act even more.
Russia’s war has had an unexpected impact on global trade patterns, raising the price on goods but weakening currencies. What’s behind this unexpected blip?
Rod Tyers, The University of Western Australia and Yixiao Zhou, Australian National University
Modelling suggests Australia would lose half of its export income and one fifth of its jobs if a new “bamboo curtain” cut the economies of China, Russia and like-minded nations off from the West.
Kibrom Abay, International Food Policy Research Institute (IFPRI) ; Clemens Breisinger, International Food Policy Research Institute (IFPRI) ; David Laborde Debucquet, International Food Policy Research Institute (IFPRI) ; Joseph Glauber, International Food Policy Research Institute (IFPRI) , and Lina Alaaeldin Abdelfattah, International Food Policy Research Institute (IFPRI)
Egypt is already feeling the impact of the war, which has led to recent cancellation of tenders due to lack of offers, in particular from Ukraine and Russia.
The US, Japan and other wealthy G-7 nations plan to remove Russia’s status as a most-favored nation. A trade expert explains what that term means and what might happen next.
In the short term, the war is causing energy prices to soar and prompting fears of famine in some countries. In the long term, it could remake the modern global supply chain.
As the world rightfully fears for the Ukrainian people, we must not turn a blind eye to Russians who are also Putin’s victims and will suffer the most from economic sanctions.
The brief 2022 US ban on avocado imports from Mexico underscored the risks of being so heavily reliant on a product that comes from one region in one country.
Research suggests that two factors are most important when making decisions on how businesses should respond to the U.S.-China trade war: location and supply chain dependence, and technology.