
Reflections on (Fed) Regime Change
Thinking through the implications of a Warsh-led US central bank

The US Cannot Be Trusted to Lead a Critical Minerals Coalition
A worthy goal of creating rare earths independence from China needs a more reliable anchor

Lebanon’s Divisive Banking Bill Jeopardises Reform Agenda
Lebanon’s parliament is debating a draft law that would make the state, rather than individual banks, responsible for repaying savers whose deposits were frozen after the 2019 financial collapse. The proposal aims to protect banks from a balance‑sheet shock but...