The occurrence of stagflation is associated with a situation of general strengthening in the momentum of prices while at the same time the pace of economic activity is declining. A famous stagflation episode occurred during the 1974û75 period, as year-on-year industrial production fell by nearly 13 percent in March 1975 …

Russia’s recent military operations against Ukraine have expanded its control over critical Sea Lanes of Communication (SLOC) in the Black Sea. SLOC give the region international economic importance by forming a conduit for trade between Europe, the Greater Middle East, and the Russian Federation. In addition to facilitating transshipments, Black …

Of Parity, Assured Destruction, & Mistrust For the last 77 years, since the US first detonated nuclear weapons and annihilated the Japanese cities of Hiroshima and Nagasaki, an eerie ambivalence has prevailed on the subject of nuclear use. On the one hand, some scholars and practitioners are convinced of the …