Drop-In: Spotlight – The fracturing of the global economy and its macro consequences

Another rare earths crunch

China's rare earth exports have been falling ever since Presidents Trump and Xi met in May, despite US suggestions that China had committed to keep...

US-Iran strikes, bond sales, Xi in Cairo

There are growing signs that the US blockade is squeezing Iran’s economy, but US and Iranian strikes this week highlight the challenge of securing a...

Transhipment crackdown not a big threat to China’s exports

We agree with the White House’s assessment that China’s indirect exports to the US have risen sharply since US tariffs first came into force. But it...