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Africa

Africa Is Building a Financial System of Its Own and the Dollar Is No Longer Always Needed

Africa is building the financial infrastructure its continental market has long lacked. PAPSS, direct African currency trading and regional settlement networks are beginning to connect economies once linked more efficiently to London, Paris and New York than to each other — reducing the dollar’s role without pretending it can simply be replaced.

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Economics

The End of the Western Monopoly

For centuries, Western influence rested on more than military and economic strength. It also rested on the authority to define legitimacy, progress and the rules of international order. That intellectual monopoly is now being…

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Artificial Intelligence (AI)

China Has Founded the Institution That Could Divide the AI World

China has established the first intergovernmental organisation devoted specifically to artificial intelligence. By offering developing countries models, training, infrastructure and political representation, Beijing is building an institutional alternative to America’s AI system and beginning…

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Economics

Japan’s Fiscal Gamble Has Trapped Its Central Bank

Japan’s government wants to spend while the Bank of Japan tries to tighten. Rising bond yields, a weak yen and stubborn inflation are now testing whether Tokyo can still borrow freely without forcing its…

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