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The Business Standard

Wednesday
May 21, 2025

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WEDNESDAY, MAY 21, 2025

west

As the central bank of the US, the Federal Reserve sets financial policy and bank-industry regulations that ultimately affect every American.  Photo: Getty Images via Foreign Policy
Global Economy

The West’s constitutional crises threaten the economy’s last best hope

Central banks have kept their economies afloat this year – but political dysfunction is pushing them past the breaking point

Iranian President Hassan Rouhani and China's President Xi Jinping attend a meeting in Shanghai on May 22, 2014. Photo: Kenzaburo Fukuhara/AFP via GETTY images/Foreign Policy
Analysis

Iran’s pact with China is bad news for the west

FILE PHOTO: Russian President Vladimir Putin chairs a meeting with members of the Security Council in Moscow, Russia February 28, 2020. Sputnik/Alexei Druzhinin/Kremlin via REUTERS
Politics

How Putin and the KGB took control of Russia—and duped the west

Don’t be held back. Photo: Jeff J. Mitchell/Getty Images/Bloomberg
Analysis

The virus should wake up the west

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