BRICS currency gambit a timely warning to the buck
Washington’s self-defeating foreign policy
Did Shangri-La give birth to a new Quad?
Bali drowning in a tide of runaway mass tourism
US in an ill-conceived turn to neo-mercantilism

Edited by David P. Goldman and Uwe Parpart
Kissinger: Bring Ukraine into NATO to stop them from acting alone
Western press coverage missed the point of Kissinger’s support for NATO membership for Ukraine. Here’s what he told the Economist: Henry Kissinger: To Putin, Ukraine…
China’s high-class unemployment problem
China’s record 20.4% youth unemployment, Nancy Qian writes May25 in Project Syndicate, will “weaken the China’s economy near- and long-term prospects.” China’s high-tech economy hasn’t…
Chinese, not Korean chipmakers will benefit from Micron ban
China’s Micron ban will benefit Chinese memory chip makers, not Korea: Hynix shares rose modestly overnight while Micron shares fell about 6% after China’s Cyperspace…

An indispensable risk-management and opportunity-identification tool
THIS WEEK’S EDITION INCLUDES:
• Investment strategy: Not a time to play the hero
• Ukraine: What next and to what effect?
• The China bailout that wasn’t
• Russian air offensive intensifies as Ukraine grapples with stalemate
• China’s C919 passenger jet’s maiden voyage could invite US sanctions
• Japan likely to benefit from ‘de-risking’ China, at least in the short run