prosperity

Maersk Red Sea pause shows Operation Prosperity Guardian limits

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A cargo ship crosses the Suez Canal, one of the most critical human-made waterways, in Ismailia, Egypt on December 29, 2023. (Photo by Fareed Kotb/Anadolu via Getty Images) Anadolu | Getty Images The threat to global trade in the Red Sea remains high, even with efforts to protect commercial vessels from attacks by Iranian-backed Houthi … Read more

China’s promise of prosperity brought Laos debt — and distress

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VIENTIANE, Laos — At speeds of almost 100 miles an hour, the Chinese-built train zips over the Mekong River and careers through dozens of newly bored tunnels as it travels north from the capital. At its last stop, near the Chinese border, brand-new residential towers rise out of the jungle. China funded much of the … Read more