Russia sending oil and gas workers to fight in Ukraine

Russia’s effort to conscript 300,000 reservists to counter Ukraine’s military advances in Kharkiv has drawn a lot of attention from military and political analysts. But there’s also a potential energy angle. In its call for reservists, Russia’s leadership specifically targeted oil and gas workers for the draft. One might assume that energy workers, who provide […]

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On China, US and Israel should talk tech, not trade

Despite the United States’ efforts to galvanize the West against China, competing interests between America and its closest democratic allies abound. The state of Israel is no exception: As Israel continues to develop its burgeoning, US$18 billion bilateral trade relationship with China, its international ports at Haifa and Ashdod remain persistent flashpoints between Israeli and American security experts. Since […]

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A way out of exchange-rate chaos

Part 1 of this series concluded that “currency hedging is not just costly and in some countries prohibitively so, preventing companies access to credit and grow, but it brings a misallocation of talents in a floating world.” Historically, countries have not managed exchange-rate gyrations well. Their experiences, Japan being prominent, show how accurate Paul Volcker was […]

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