The System Keeps Working (and the Alternative Is Predictably Failing)
‘Weaponizing globalization’ is a lot harder than it sounds.
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‘Weaponizing globalization’ is a lot harder than it sounds.
Giant subsidies and rising protectionism are upending decades of free trade. Smaller countries, from the U.K. to Singapore, are getting left behind.
Financial Times: But those companies that stay in Russia risk much bigger losses.
A Kremlin spokesman said Russia would suspend a grain initiative until its demands to get its own agricultural shipments to the world are met.
Russia has suspended a wartime deal designed to move grain from Ukraine to parts of the world where millions are going hungry. The Black Sea Grain Initiative, brokered by the UN and Turkey, has allowed 32.9 million metric tons (36.2 million tons) of food to be exported from Ukraine since…