International

New York City, in the United States: What drives valuation gaps between private and public markets

The US Dollar’s Reign: Can China’s Challenge Succeed?

China is taking advantage of a period marked by global instability to advance its long-held goal of giving its currency a broader international presence, as market turmoil, a softer US dollar, and shifting political landscapes have created what Beijing views as exceptionally ripe conditions.In recent months, global markets have been rattled by a blend of political and economic forces, many linked to policy signals emerging from the United States. The renewed presidency of Donald Trump has injected fresh uncertainty into trade, monetary strategy, and international diplomacy. As investors attempt to account for these shifting conditions, the US dollar has slid…
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Why power grids are a bottleneck for clean energy

The Grid Challenge: Powering Clean Energy’s Future

The transition to low-carbon electricity hinges on the ability of power grids to move, balance and manage much larger and more variable flows of energy than they were built for. Technical limits, institutional inertia, regulatory barriers and social constraints combine to make grids a recurring choke point in deploying wind, solar and electrified demand at scale. This article explains the mechanics of that bottleneck, illustrates it with real-world cases, and outlines practical levers to unlock progress.How the grid’s physical design collides with clean generationGeography and resource mismatch. The best wind and solar sites are often far from demand centers. Offshore…
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How cities prepare for more intense heat waves

Cities Adapt to Stronger Heatwaves

Cities worldwide are encountering heat waves that occur more often, last longer and reach higher temperatures as climate change pushes up average heat levels and intensifies extremes, and urban environments remain particularly at risk because the urban heat island effect traps warmth: paved areas, tightly packed structures and limited greenery can elevate local temperatures by 1–7°C compared with nearby rural zones. Addressing this evolving reality calls for a combination of short-term emergency responses, long-range strategies, infrastructure enhancements, public health actions and community-centered equity initiatives.The challenge: why intense heat waves are a growing urban riskHeat waves heighten the likelihood of heat‑related…
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How cities prepare for more intense heat waves

Readying Cities for Heat Wave Impact

Cities worldwide are encountering heat waves that occur more often, last longer and reach higher temperatures as climate change pushes up average heat levels and intensifies extremes, and urban environments remain particularly at risk because the urban heat island effect traps warmth: paved areas, tightly packed structures and limited greenery can elevate local temperatures by 1–7°C compared with nearby rural zones. Addressing this evolving reality calls for a combination of short-term emergency responses, long-range strategies, infrastructure enhancements, public health actions and community-centered equity initiatives.The challenge: why intense heat waves are a growing urban riskHeat waves heighten the likelihood of heat‑related…
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Why power grids are a bottleneck for clean energy

Power Grids: A Clean Energy Obstacle

The transition to low-carbon electricity hinges on the ability of power grids to move, balance and manage much larger and more variable flows of energy than they were built for. Technical limits, institutional inertia, regulatory barriers and social constraints combine to make grids a recurring choke point in deploying wind, solar and electrified demand at scale. This article explains the mechanics of that bottleneck, illustrates it with real-world cases, and outlines practical levers to unlock progress.How the grid’s physical layout clashes with clean energy productionGeography and resource mismatch. Prime wind and solar locations frequently lie far from major load centers.…
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How a distant conflict can raise the price of everyday goods

Why Far-Off Conflicts Drive Up Daily Expenses

A war or political conflict thousands of miles away can raise the price of everyday goods at home through a chain of economic and logistical links. Modern supply chains are tightly interwoven, and essential inputs such as energy, metals, food, and shipping capacity are concentrated in a relatively small number of producing regions. When conflict disrupts production, trade flows, insurance, or finance in those regions, the cost of inputs rises and producers pass those costs on to consumers.Primary transmission pathwaysCommodity supply shocks — Conflicts that interrupt exports of oil, gas, wheat, fertilizers, or metals directly reduce global supply and push…
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Why water is increasingly seen as a geopolitical risk

From Resource to Risk: Water’s Geopolitical Shift

Freshwater is essential for life, food production, energy generation, industry, and ecosystem services. Yet the global distribution of accessible freshwater is limited and uneven. Only about 2.5% of the planet’s water is freshwater, and a very small fraction of that—roughly 0.3% of total global water—is readily accessible on the surface for human use. At the same time, population growth, urbanization, changing diets, and economic development are driving rising demand. Climate change, shrinking glaciers, groundwater depletion, pollution, and deteriorating infrastructure are reducing supply reliability. These forces combine to elevate water from a local resource management issue to a source of transboundary…
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Italians furious over deployment of ICE agents to bolster US security at Winter Olympics

US Olympic Security: Italians Slam ICE Deployment

The presence of U.S. Immigration and Customs Enforcement (ICE) personnel in Italy ahead of the upcoming Winter Olympics is raising heightened concern among both lawmakers and the wider public, as debates intensify over jurisdictional authority, security methods, and previous incidents reported in the U.S.The Italian government faces mounting attention after reports surfaced that ICE officers are set to assist with security at the Milan-Cortina Winter Olympics, a development that has revived debates over the presence of foreign law enforcement in Italy, especially in light of recent violent episodes tied to ICE activities in the United States.The U.S. Department of Homeland…
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Italians furious over deployment of ICE agents to bolster US security at Winter Olympics

US Security Boost: Italians Furious Over ICE at Winter Games

The deployment of U.S. Immigration and Customs Enforcement (ICE) agents in Italy for the upcoming Winter Olympics has sparked growing concern among lawmakers and the public. Questions about jurisdiction, security practices, and past incidents in the U.S. have fueled the debate.The Italian government faces mounting attention after reports surfaced that ICE officers are set to assist with security at the Milan-Cortina Winter Olympics, a development that has revived debates over the presence of foreign law enforcement in Italy, especially in light of recent violent episodes tied to ICE activities in the United States.The U.S. Department of Homeland Security (DHS) stated…
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Why Venezuela’s opposition leader Machado is betting her political future on Trump

Machado’s Trump Bet: Why Venezuela’s Opposition Leader is Taking a Risk

Venezuelan opposition leader and 2025 Nobel Peace Prize laureate Maria Corina Machado arrives in Washington amid tense negotiations over her country’s future. Her visit coincides with U.S. debates over Venezuela’s leadership following Nicolás Maduro’s removal from power.Machado’s arrival in the U.S. capital follows a volatile year in Venezuelan politics, marked by shifting power and uncertainty. Only a year earlier, she had been on the campaign trail in Caracas, working to rally citizens against Maduro as he entered a third term despite disputed election outcomes. Although her candidate, Edmundo González, was widely reported to have secured a clear victory, Maduro’s administration…
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