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Economic self-reliance is a dangerous delusion

CAMBRIDGE, Massachusetts: Over the past three years, Covid-19 and the war in Ukraine exposed the vulnerabilities stemming from deep global economic integration. Now, governments and companies around the world have given high priority to shortening supply chains, rebuilding domestic production capacity and diversifying suppliers. But these responses are motivated not only by pragmatic risk-management considerations but also by the goal of economic self-reliance, an aspiration that threatens to derail any stable restructuring of the global economy. ....

United States , United Kingdom , Joe Biden , Science Act , Inflation Reduction Act , Self Reliance ,

US to work with Bangladesh on shared vision

US President Joe Biden has written to Prime Minister Sheikh Hasina expressing his willingness to work together to achieve Bangladesh's economic goals, as well as to cooperate on regional and global security and humanitarian support, especially for Rohingya refugees. ....

United States , Joe Biden , Vladimir Putin , Sheikh Hasina , Narendra Modi , Bangladesh Ministry Of Foreign Affairs , Biden Administration , Us State Department Spokesperson Matthew Miller , Prime Minister Sheikh Hasina , Bangladesh Ministry , Foreign Affairs , Chinese President Xi Jinping , Russian President Vladimir Putin , Indian Prime Minister Narendra Modi , Department Spokesperson Matthew Miller , Prime Minister ,