IMF Warns of Global Economic Shock from Middle East War
Summary In the latest Weekend Read, Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), delivers a sobering message: the ongoing Middle East war has triggered a large, global, and asymmetric supply shock that is reshaping the world economy. Speaking in her Curtain Raiser ahead of the IMF–World Bank Spring Meetings, Georgieva emphasizes that […]
China’s Yttrium Export Controls Shock: How Midstream Rare Earth Is Reshaping Global Technology and Defense Supply Chains
Summary China’s export controls have caused a dramatic collapse in yttrium shipments, exposing vulnerabilities in global rare earth supply chains. These materials, critical for jet engines and semiconductors, highlight how midstream processing dominance is becoming a powerful geopolitical tool. Key Takeaways China’s export controls on rare earth elements like yttrium demonstrate how control over midstream […]