Autocracy Is Fueling Mexico’s Fiscal Deterioration by Guillermo Ortiz
Mexico’s recent ratings downgrades are merely a symptom of a more serious malady: the ruling Morena party’s efforts to consolidate…
The Iran War Is Fueling a Global Debt Shock by Moussa Faki Mahamat
Once again, a global crisis is disproportionately burdening countries that did not cause it. Across the Global South, the food-…
A Cold Shower for the AI Mania
Although generative AI tools have improved rapidly and now outperform humans across many tasks, the market’s current euphoria may not…
Is the Global Financial System Making the Hormuz Shock Worse? by Hanan Morsy
en English Economics May 8, 2026 Hanan Morsy The existing global financial architecture was supposed to ensure stability by providing…
To phase out fossil fuels, developing countries need exit route from “debt trap”
High levels of national debt in parts of the Global South could hinder efforts to move away from fossil fuels,…
Broken debt system must be fixed to confront future climate shocks
Mae Buenaventura is the manager of the debt justice programme of the Asian Peoples’ Movement on Debt and Development, a…
Trump’s Unaffordable Midterm Stimulus by Desmond Lachman
A new report from the Congressional Budget Office shows that the US fiscal outlook has deteriorated sharply since Donald Trump…