A towering statue of Mao Zedong still stands near the entrance of Zhejiang University (Zhe Da), surveying the transformation of Hangzhou, an eastern city 175 km southwest of Shanghai. While such statues now seem out of place across China, they appear particularly anachronistic here, given the

At first glance, the current climate should be a golden opportunity for management consultants. The U.S. federal government is vast, its inefficiencies are well-documented, and the new leadership is eager to make drastic changes. President Donald Trump, alongside his appointed disrupter-in-chief,

What happens when you abandon the trade principles that have guided global commerce for over 75 years? Donald Trump is eager to find out. His proposal to impose “reciprocal” tariffs—matching the duties American exports face abroad, along with additional charges for any policies he deems

For three years, Ukraine has endured the unthinkable: relentless air and land assaults, a brutal war of attrition, missile barrages, drone strikes, glide bombs, and summary executions. Now, a new challenge has emerged—not from the battlefield, but from the West. Donald Trump’s overtures toward

For decades, Australia has relied on two pillars for its prosperity and security: its economic ties with China and its defense alliance with the United States. Now, both are showing signs of strain, prompting the country to rethink its strategic position in an increasingly unstable world.

Three days into Donald Trump’s presidency, Immigration and Customs Enforcement (ICE) agents raided the Ocean Seafood Gourmet Market and Depot in Newark’s Ironbound district. Workers, including an American citizen, were interrogated, and three arrests were made. It remains unclear whether ICE had a

All wars eventually end, but how they conclude shapes the peace that follows—and determines whether it will endure. As the United States takes the lead in seeking an end to Russia’s war against Ukraine, European leaders must decide: will they demonstrate strength and resolve, or will they

The past few years have been a financial holiday for homeowners who secured ultra-low mortgage rates. Just three years ago, borrowers in Britain and much of the eurozone could lock in rates close to 1%, while American mortgage rates hovered only a percentage point or two higher. Even as interest

In the world of pharmaceuticals, blockbuster drugs like Keytruda, a cancer immunotherapy treatment, dominate the industry. Since its 2014 launch, Keytruda has generated over $130 billion in revenue for its American manufacturer, Merck, including $29.5 billion in 2023 alone. Yet, in September 2023,

Federal Reserve Chair Jerome Powell's press conferences, once pivotal market-moving events, have recently drawn less attention—overshadowed by the presence of Donald Trump in the White House. However, a fresh surge in inflation has brought prices back into sharp focus. In January, the