Weaponized Interdependence

The Economist on how overuse of sanctions is endangering the dollar’s power

EVER SINCE the dollar cemented its role as the world’s dominant currency in the 1950s, it…

Martin Sandbu on dollar dominance in the FT

“What was discussed, however, was a particularly interesting contribution from Hyun Song Shin, head of research…

Wall Street Journal on US threat to seize Iraqi reserves

The Wall Street Journal reports that the US has threatened that it will block access to…

BBC World Service: Tim Harford on SWIFT and Weaponized Interdependence.

Tim Harford’s series, “50 Things That Made The World Economy,” discusses how the US has weaponized…

How the Pentagon is weaponizing procurement against China

Dimi Sevastopulo at the Financial Times. ““The Pentagon is going whole hog,” said one person familiar…

Huawei’s secret war against American sanctions

“Many second- and third-tier suppliers, who previously would have had no chance to enter Huawei’s supply…

Yar Batmanghelidj on the mismatch between sanctions and economic understanding

“President Donald Trump’s economic war on Iran has had at least one positive impact. It has…

The Asia Times on how Japan is weaponizing interdependence against South Korea.

William Pesek in the Asia Times. There is ample blame to go around. Moon is but…

The Japan-Korea spat is turning into a low level economic war

The Nikkei Asian Review describes how Japan’s efforts to target South Korea’s technology industry is leading…

Jean Pisani-Ferry on the new world emerging from weaponized interdependence

Digital networks also contribute to asymmetry. A few years ago, it was often assumed that the…