Chapter 1: The Foundations of Liberal Policy

China's 70% EV Target Deals Another Blow To Oil Demand Authored by Tsvetana Paraskova via OilPrice.com, China aims to have electric and hybrid vehicles account for as much as 70% of all passenger car sales by 2030, in a massive transport shift set to further dent oil demand for road fuels. As of the end of last year, the share of the so-called new energy vehicles was 54% of all passenger vehicle sales. In the new five-year plan for the automotive industry compiled by nearly a dozen Chinese government agencies, China also targets...

Zelensky: Trump Pressuring Him To Give Up On Donbas And End War Soon With the Ukraine war now marching into its fifth year, and with the next weather-driven "fighting season" underway, a frustrated Ukrainian President Volydymyr Zelensky says the Trump administration is pressuring him to give up the Donbas region in exchange for US security guarantees. He also claims that Russia is offering to stop providing intelligence to Iran if the United States stops giving intel to Ukraine.  Last week, we reported that trilateral talks about the Ukraine war had been suspended,...

"Dead Mall" Era Ends As Shoppers Return, Values Surge And Sector Leads CRE Revival The "malls are dead" narrative gained traction in corporate media coverage in 2016 and 2017 and lasted until 2022. Those headlines reflected the strain across the sector as excess retail space, department-store closures, and shifting consumer habits led to widespread low occupancy and cratering property values. But now, new data suggest that the "dead mall" narrative has not just reversed: that part of the CRE market is thriving, with a Wall Street Journal report saying it's outperforming...