Iranian tariffs in the Strait of Hormuz may change how oil is traded and priced, with implications for currencies, alliances and global economic power.
- Associate Professor in Global Studies, University of Auckland, Waipapa Taumata Rau
The US, Israel and Iran war will shift alliances and create insecurity for years to come.
Backed by gold and a basket of member currencies, the UNIT is designed to reduce reliance on the US dollar, but major hurdles remain.
By any measure, the multi-lateral BRICS forum is an economic and diplomatic powerhouse. NZ would not have to give up other alliances if it joined.
As Christopher Luxon meets India’s Narendra Modi, his pledge to secure a trade deal in his first term still looks optimistic. But he can already claim some success.
There is a long history of calls for the US to abandon the United Nations, and Trump has already turned the old world order on its head.
As Donald Trump embraces a multipolar world where raw power dominates, New Zealand will find itself in a global minority of democracies.
The second Trump presidency is likely to foster instability, uncertainty and fear at home and abroad. But other countries can find common cause to counteract his ‘disaster politics’.
India is where China was economically 15 years ago. With new talk of trade negotiations, a clear view of India’s present and future power will be vital.
Donald Trump’s return has normalised and supercharged authoritarianism internationally, making it the rule rather than the exception.
China is challenging the idea of democracy, but western leaders are eroding democratic rights too.
Contact Chris for
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