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in 1999, the Commodities Futures Trading Commission deregulated futures markets. All of a sudden, bankers could take as large a position in grains as they liked, an opportunity that had, since the Great Depression, only been available to those who actually had something to do with the production of our food

After World War II, the United States was routinely producing a grain surplus, which became an essential element of its Cold War political, economic, and humanitarian strategies -- not to mention the fact that American grain fed millions of hungry people across the world

Futures markets traditionally included two kinds of players. On one side were the farmers, the millers, and the warehousemen, market players who have a real, physical stake in wheat. This group not only includes corn growers in Iowa or wheat farmers in Nebraska, but major multinational corporations like Pizza Hut, Kraft, Nestlé, Sara Lee, Tyson Foods, and McDonald's -- whose New York Stock Exchange shares rise and fall on their ability to bring food to peoples' car windows, doorsteps, and supermarket shelves at competitive prices. These market participants are called "bona fide" hedgers, because they actually need to buy and sell cereals. On the other side is the speculator. The speculator neither produces nor consumes corn or soy or wheat, and wouldn't have a place to put the 20 tons of cereal he might buy at any given moment if ever it were delivered. Speculators make money through traditional market behavior, the arbitrage of buying low and selling high. And the physical stakeholders in grain futures have as a general rule welcomed traditional speculators to their market, for their endless stream of buy and sell orders gives the market its liquidity and provides bona fide hedgers a way to manage risk by allowing them to sell and buy just as they pleased.

international activists, groups and institutions are increasingly focusing on the United States as a villain, not a hero, on the subject of human rights. While the U.S. has never fully escaped such scrutiny — consider the post-9/11 fury over torture, Guantanamo Bay and drone strikes — former officials and activists say that, under President Donald Trump, American domestic strife is raising an unusual level of alarm alongside U.S. actions on the global stage. Some groups also flag what they say is an erosion of democracy in a country that has long styled itself as a beacon of freedom.

Secretary of State Mike Pompeo has created a commission tasked with rethinking the U.S. approach to human rights. Pompeo argues there’s been a questionable proliferation of what counts as human rights. Critics fear the commission, whose report is due this summer, will undercut the rights of women, LGBTQ people and others

“The Trump factor is huge, if not the determinative factor” in the battered U.S. reputation, said David Kramer, a former assistant secretary of State for human rights in the George W. Bush administration. “People advocating and fighting for democracy, human rights and freedom around the world are disillusioned by the U.S. government and don’t view the current administration as a true partner.”

The KOF Index of Globalization measures the three main dimensions of globalization: economic social and political. In addition to three indices measuring these dimensions, we calculate an overall index of globalization and sub-indices referring to actual economic flows economic restrictions data on information flows data on personal contact and data on cultural proximity. Data are available on a yearly basis for 208 countries over the period 1970 - 2007.

a growing number of countries are retreating from some free-market rules that have guided international trade in recent decades and have started playing by Chinese rules

President Nicolas Sarkozy of France, who will take over leadership of the Group of 20 biggest economies, said over the weekend that he was pushing for a new system of coordinating global currencies as wealthy nations did in the 1970s, before a free market orthodoxy took hold.

Some economists argue that the standoff over China’s currency could herald a new era of protectionism reminiscent of the 1920s and ’30s, which they say they fear could undermine trade and make a weak recovery even weaker. But others argue that it was the free-market consensus of the 1980s and ’90s that weakened American competitiveness and was exploited by rising powers like China, calling for a more assertive policy to protect jobs, increase exports and keep industry at home.

African visions of an integrated continent with political solidarity and interlinked prosperity are as old as decolonization, but until recently there were few indicators that it was heading in the right direction. The Organization of African Unity, founded in 1963, was widely regarded a mere dictators’ club and was succeeded in 2002 by the African Union, whose reputation fares marginally better. Modeled to a fault on European Union institutions, the AU remains both overly centralized and lacking in capacity and accountability. But in the last three years, the AU has begun to emerge as a globally relevant actor because it overcame a major hurdle to pan-African progress.

In 2018, the African Union adopted the African Continental Free Trade Area (AfCFTA), the largest trade agreement concluded since the World Trade Organization in 1995. At more than $2.5 trillion, the economy of the African Union is nearly the size of the British and French economies, which rank sixth and seventh in the world.

Developing in parallel to this trade liberalization and harmonization is a treaty on continentwide freedom of movement, which together paves the way for a customs union and gives political momentum to the African Union passport project, which would allow visa-free travel among the AU’s 55 member states

“Ukraine has become the front line in a struggle, not just between democracies and autocracies but in a struggle for maintaining a rules-based system in which the things that countries want are not taken by force,” Hill said. “Every country in the world should be paying close attention to this.”

Putin doesn’t even seem like he’s trying to make a convincing case. We saw the same thing in the Russian response at the United Nations. The justification has essentially been “what-about-ism”: ‘You guys have been invading Iraq, Afghanistan. Don’t tell me that I can’t do the same thing in Ukraine.”

It’s reestablishing Russian dominance of what Russia sees as the Russian “Imperium.” I’m saying this very specifically because the lands of the Soviet Union didn’t cover all of the territories that were once part of the Russian Empire. So that should give us pause.

despite defense contractor claims to the contrary, increased military spending has been accompanied by job losses in the US

the contracting fraud results in US taxpayers paying way more than it would have cost for US personnel to do the work…with the added insult that the tasks were performed by locals for a pittance

When contractors receive more taxpayer money, do they generally create more jobs? To answer it, we analyzed the reports of major defense contractors filed annually with the U.S. Securities and Exchange Commission (SEC). Among other things, these reveal the total number of people employed by a firm and the salary of its chief executive officer. We then compared those figures to the federal tax dollars each company received, according to the Federal Procurement Data System, which measures the “dollars obligated,” or funds, the government awards company by company

Political leaders are usually insulated from major health scares by their wealth and access to private health care. But the coronavirus has already impacted leaders across the world

The consequences will be very different in countries where political institutions are weaker and where the illness or death of a leader has been known to generate the kind of power vacuum that might inspire rival leaders, opposition parties, or the military to launch a power grab. This is a particular problem in countries where checks and balances are weak and political parties don’t have strong decision-making mechanisms, which is true in parts of Africa, Asia, Latin America, and post-communist Europe

In countries where politics are more personalized, the death of a leader can trigger damaging succession battles that can split the ruling party and, in the worst cases, encourage a military coup

the Global Protection Cluster—the independent network of over 1,000 international nongovernmental organizations, headed by the United Nations High Commissioner for Refugees and focused on supporting vulnerable groups in times of crisis

For anyone familiar with the mechanisms and methods that drive trafficking, it’s obvious why rates of exploitation spike during international crises. Whether it takes the form of recruiting, transporting, or harboring individuals through the use of force, coercion, or fraud (or all of the above), trafficking is predatory behavior, and people who are vulnerable—such as child brides or refugees—are invariably the ones most at risk. But in times of emergency—be it a flood, a drought, or a famine, a declaration of war or a recession—support structures shift and collapse. Communities that were once strong become suddenly weak as people grapple with losing their families, their homes, and their jobs. For traffickers around the world, each disaster signals a sudden availability of potential prey.

few in the humanitarian sector appear to have anticipated the domino effect of exploitation that top-level experts assert the coronavirus has already kicked off—and that trafficking specialists are now scrambling to prevent across the globe

There are more than 2 million migrant workers in Qatar—a significant number given that the country’s overall population is just 2.6 million. In recent years the foreign laborer population in Qatar has swelled as the country has undergone a construction boom ahead of the 2022 FIFA World Cup, which is set to be held there.

Research published last year in the journal Cardiology explored the relationship between heat exposure and the deaths of more than 1,300 Nepali workers over a nine-year period until 2017. The climatologists and cardiologists found a strong correlation between heat stress and young workers dying of cardiovascular problems in the summer months

abuse—which at times has amounted to forced labor and human trafficking—has been exacerbated by South Asian governments’ inability to successfully lobby for strong protections. (Critics contend there has been scant political will given the huge portion of GDP now made up by remittances from overseas workers.

the growing sense that the international order sits at an inflection point, driven by the conspicuous lack of leadership by the Trump administration; China’s aggressive efforts to showcase its domestic political model and its status as a provider of international club and private goods; and the possibility that the pandemic may fuel a growing populist backlash against political, economic, and cultural liberalism.

Despite important regional, cultural, and political differences, many contemporary populists embrace multipolarity—an international system composed of multiple great powers rather than one or two superpowers. They do so as a rhetorical aspiration, a vision of a global order that privileges national sovereignty over liberal rights and values, and as a tool to increase their freedom of action by playing alternative suppliers of international club and private goods against one another. Indeed, this multipolar populism is fast becoming a core part of the contemporary populist playbook.

Populist rhetoric and policies thus constitute a rejection of important aspects of the post-Cold War liberal order, driven by a mix of ideological and instrumental concerns.

The cost of environmental degradation in China1 was about $230 billion in 2010, or 3.5 percent of the nation’s gross domestic product — three times that in 2004, in local currency terms, an official Chinese news report said this week.

“Digging a hole and filling it back in again gives you G.D.P. growth. It doesn’t give you economic value. A lot of the activity in China over the last few years has been digging holes to fill them back in again — anything from bailing out failing solar companies to ignoring the ‘externalities’ of economic growth.”

The ministry has issued statistics only intermittently, though its original goal was to do the calculation — what it called “green G.D.P.” — annually.

Experts cited tough economic times on both sides of the Atlantic and a perceived need among European leaders for a cause to unify their frayed union as major reasons that an agreement might be reached now, where past efforts have failed. But an even greater consideration, they said, was the growing economic might of China

Negotiations are not expected to be easy, with entrenched interests, especially in protected sectors of the agriculture industry, fighting to maintain their subsidies and preferences. European consumers have rejected the kinds of genetically modified crops3 that are commonplace in the United States but are known across the Atlantic as Frankenfoods. Nevertheless, Mr. Obama’s announcement was applauded by leading politicians and business groups in Europe, especially here in Germany, and so far the news has not provoked the instant union opposition in the United States that free-trade talks with underdeveloped, low-wage countries do.

In a Democratic administration, free-trade agreements are much easier to reach with higher-wage, unionized countries like those in Europe that do not spook trade unions. And the cross-pollination between American and European companies, as in the auto sector, also is expected to blunt opposition from labor groups

“More global trade is a good thing if we get a piece of the cake,” Mr. Duijzers said. “But that’s the problem. We’re not getting our piece of the cake.”

For generations, libraries full of economics textbooks have rightly promised that global trade expands national wealth by lowering the price of goods, lifting wages and amplifying growth. The powers that emerged victorious from World War II championed globalization as the antidote to future conflicts. From Asia to Europe to North America, governments of every ideological persuasion have focused on trade as their guiding economic force. Advertisement Continue reading the main story But trade comes with no assurances that the spoils will be shared equitably. Across much of the industrialized world, an outsize share of the winnings have been harvested by people with advanced degrees, stock options and the need for accountants. Ordinary laborers have borne the costs, suffering joblessness and deepening economic anxiety

When millions of workers lost paychecks to foreign competition, they lacked government supports to cushion the blow. As a result, seething anger is upending politics from Europe to North America.

To be fair, most of the people who labor in government or in the penumbra of foreign-policy institutions are patriotic, well-meaning, intelligent, and dedicated and sincerely believe in what they are doing. They want the United States to be secure and prosperous, and they would like to make the rest of the world a better place. And sometimes they do just that. But many of these people are also ambitious, and they are imbedded in a system that rewards conformity, rarely if ever questions the value of U.S. “global leadership,” and is quick to marginalize anyone who thinks America’s self-indulgent approach to foreign policy might be doing more harm than good.

Hillary Clinton is intimately connected to this community and cannot help being linked to its recent performance. By signing up all those experienced foreign-policy insiders, she reinforces her association with some of the good things the United States has done in recent years. But it also means that she owns the past 25 years of foreign-policy missteps

She has little choice but to defend the strategy of liberal hegemony pursued by all three post-Cold War presidents: If anything, she is more enthusiastic about it than President Barack Obama has been. Her problem is that this record is not easy to defend.