When Chinese President Xi Jinping unveiled the blueprint for the enormous $46 billion China-Pakistan Economic Corridor (CPEC) project last year, Pakistan was understandably pleased. The Pakistani government considers the project a game changer for its fragile economic structure. This exhilaration partly stems from the country’s wobbly economic performance in recent years, which has seen it fall short of GDP and …

Peter Sands, the former chief executive officer of Standard Bank, is among those who want to abolish high-denomination currency notes, “the preferred payment mechanism of those pursuing illicit activities.” In the wacky world of negative interest rates, though, pallets of hundred- dollar bills and 500 euro notes are poised to become a fashionable store of value for any cash-rich company …

Kurt Campbell, then-assistant secretary of state for East Asian and Pacific Affairs, e-mailed then-Secretary of State Hillary Clinton about the disputed Senkaku/Diaoyu Islands on October 2, 2012 – less than a month after the Japanese central government nationalized the islands – it was revealed in the latest batch of emails released by the U.S. State Department. Campbell wrote, “We assess …