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CANADA AND CHINA IN THE NEW GLOBAL ORDER

Canada is gradually redefining its international position in response to a global context characterised by growing instability, multipolarism and fragmentation of the international order. In this context, the rapprochement with China, formalized through a series of trade agreements announced in January by Prime Minister Mark Carney, represents a significant signal of strategic adaptation. The evolution…

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U.S. PUBLIC DEBT

THE BILL HAS ARRIVED AND THE FED WATCHES (FOR NOW) For decades, U.S. fiscal policy has operated as if federal debt were a theoretical, distant, and manageable issue. But today, with debt surpassing $36 trillion and an annual deficit of 6.4% of GDP in 2024, reality is knocking at the door—loudly. Some believe the American fiscal system has reached…

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THE RETURN OF MERCANTILISM

In recent years, global economic dynamics have undergone significant transformations, prompting many nations to reassess their trade strategies. The concept of a free market, which has been a cornerstone of the global economy for decades, is giving way to policies increasingly geared toward protecting national industries. Governments and institutions are reconsidering the importance of economic…

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THE MOST LIVABLE CITIES IN THE WORLD

The special ranking is compiled by the Economist Intelligence Unit, the research and analysis division of the renowned magazine. The EIU report examines 173 cities using 30 indicators divided into various categories, including stability, healthcare, culture, environment, education, and infrastructure, and then ranks them on a scale of 100 points. At the top are three…

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CAPITAL FLIGHT: TAX HAVENS

Capital flight to tax havens is a significant global issue impacting economies worldwide. This phenomenon involves the transfer of assets and income to offshore jurisdictions with low or no taxes, often to evade taxes and protect wealth. This note explores data presented by Visual Capitalist and Atlas of the Offshore World, supplemented by other sources, to provide a…

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