Global Economy

Lithium, lightest metal on earth, carries heavy geopolitical weight
Lithium, lightest metal on earth, carries heavy geopolitical weight
“Control oil and you control nations,” former US Secretary of State Henry Kissinger once said. Today, it could be argued that to control lithium – white oil as it were – is to…
How will China’s punitive trade restrictions against Australia end?
How will China’s punitive trade restrictions against Australia end?
Recent reports of an imminent meeting between Australia’s and China’s trade ministers have raised hopes of progress toward the removal of the trade restrictions that China imposed…
Link start-ups ecosystems to build influence in Southeast Asia
Link start-ups ecosystems to build influence in Southeast Asia
In 2019, Indonesian President Joko Widodo surprised many when he appointed 35-year old Nadiem Makarim as Minister for Education and Culture. Makarim had risen to prominence as the…
Crossing the carbon border
Crossing the carbon border
In 2023, climate rules in international trade become real. With the introduction of the European Union’s Carbon Border Adjustment Mechanism (CBAM), trade rules based on the…
To unchain Indonesia’s commodity reliance
To unchain Indonesia’s commodity reliance
Indonesia’s dependence on commodity wealth has been a prominent feature in its economy. The archipelago’s abundance of minerals and agriculture resources coupled with poor local…
Economic diplomacy: From pollie crises to polycrisis
Economic diplomacy: From pollie crises to polycrisis
Words of the year are already flowing freely with teal taking the prize at the Macquarie Dictionary to reflect the challenge being posed to Australia’s major political parties by…
Why the cryptocurrency ecosystem is a house of cards
Why the cryptocurrency ecosystem is a house of cards
2022 started with a free fall in major cryptocurrencies including Bitcoin and Ethereum. At that time, it was seen as just part of the ebb and flow of financial speculations. But…
2022: A global turning point
2022: A global turning point
Tectonic shifts in world affairs are underway as 2022 draws to a close. With the Ukraine war drawing a line under the familiar post-Cold War period, the world has entered a…
Economic diplomacy: Scoring goals outside the stadium
Economic diplomacy: Scoring goals outside the stadium
Diplomatic football Before Socceroo Mathew Leckie’s remarkable side-step goal to advance the Australian team to the next round of the World Cup, Sports Minister Anika Wells got…
Economic diplomacy: Charging up old ties with Jakarta
Economic diplomacy: Charging up old ties with Jakarta
Mining mates The lexicon of strained language to accommodate the endlessly complicated relationship between Indonesia and Australia is coalescing around a new phrase for…