未分類 US Treasury Market: Steepening Yield Curve Signals a Structural Shift
The US yield curve is steepening as rate cut expectations clash with rising fiscal deficits and Treasury issuance, reshaping global funding conditions.
未分類 
Middle East The Shock of “Non-Dollar Tolls” in the Strait of Hormuz
Iran’s proposal to charge Strait of Hormuz transit fees in yuan or crypto raises a critical question: is the petrodollar system at risk? A clear, structured analysis of implications, mechanisms, and scenarios.
Report The U.S.–Iran Negotiations Are Not About a Deal
An economist’s analysis of U.S.–Iran negotiations. The talks aim not at a grand nuclear deal, but at buying time, managing risk, and preventing escalation.
Report The Reality of America First Investment Pledges
A deep analysis of America First investment pledges, explaining their strategic design, economic realism, and why Japan’s commitment is structurally flexible rather than fiscally binding.
China Rediscovering The Analects in an Age of Uncertainty
How Confucian philosophy and The Analects offer a practical framework for leadership, decision-making, and resilience in an age of uncertainty.
未分類 The Era of Capital Wars and the Reconfiguration of the Global Financial Order
Ray Dalio’s Davos warning signals a shift from a rules-based order to an era of capital wars. This report analyzes how geopolitics, U.S. Treasuries, the dollar, and gold are reshaping global finance for investors and policymakers.
Global Economy Structural Shifts in the International Bond Market
Recent divestments by Danish pension funds and China’s declining U.S. Treasury holdings signal a structural shift in global bond markets. This report analyzes term premium dynamics, reserve diversification, and long-term implications for investors and policymakers.
China China’s Hidden Debt Problem and the Restructuring of Rural Finance
An in-depth economic analysis of China’s hidden debt problem, focusing on rural banks, rising non-performing loans, and state-led financial consolidation.
Global Economy France’s Colonial Legacy in Africa and Its Enduring Influence
An in-depth economic analysis of France’s colonial legacy in Africa, examining the CFA franc, security ties, and the transition from dependency to sovereignty.
Report Energy Geopolitics in the Balkans
An in-depth analysis of Balkan energy geopolitics, where Russian influence, EU de-risking, U.S. sanctions, and global capital intersect to reshape Europe’s most politicized energy corridor.
China Greenland and the Return of Power Politics in the Arctic
A strategic analysis of EU and Russian reactions to Trump’s Greenland proposal, examining sovereignty, NATO dynamics, and the Arctic’s shift toward great-power competition.
China Italy’s Exit from the Belt and Road Initiative European Economic Strategy in an Era of Great-Power Competition
An economist’s analysis of why Italy exited China’s Belt and Road Initiative, examining limited economic returns, NATO and EU alignment, and Europe’s shift toward de-risking.
EU Strategic Fragmentation and Adaptive Cohesion in the European Union
This report examines the EU’s internal divisions toward the US and Russia, highlighting strategic autonomy, energy security, NATO dependence, and the transformation of Europe’s political economy.