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Iran ceasefire won’t easily ease emerging Asia’s pain

Iran ceasefire won’t easily ease emerging Asia’s pain

TOKYO — Global markets are struggling to discern if the US-Iran ceasefire is real or happy talk. Yet emerging-market governments in Asia don’t have that luxury as capital outflows accelerate. Already,...

Apr 10, 2026 5 min
Ending Israel’s war on peace

Ending Israel’s war on peace

A two-week ceasefire has partially halted the Israel-US war on Iran. The war accomplished precisely nothing that a competent diplomat could not have achieved in an afternoon. The Strait of Hormuz was ...

Apr 10, 2026 5 min
Iran ceasefire: too many brokers, too little leverage

Iran ceasefire: too many brokers, too little leverage

Pakistan, with China’s help, brokered it. Turkey and Egypt shuttled the proposals. Qatar had been working the phones for weeks. When the ceasefire between the United States, Israel and Iran was ...

Apr 10, 2026 5 min
The deal to reopen Hormuz is nowhere near done

The deal to reopen Hormuz is nowhere near done

Wednesday’s ceasefire announcement by President Donald Trump, linked to Iran reopening the Strait of Hormuz, prompted immediate optimism shipping would quickly resume. It didn’t. The following morning...

Apr 10, 2026 5 min
Structural strains grip Tokyo and Seoul

Structural strains grip Tokyo and Seoul

Subscribe now with a one-month trial for only $1, then enjoy the first year at an exclusive rate of just $99. Japan and South Korea ride a one-day rally into growing uncertainty Scott Foster repo...

Apr 10, 2026 5 min
For South Korea, an alliance in question

For South Korea, an alliance in question

South Korea’s decades of sacrifice are colliding with a more transactional United States – and that collision is raising hard questions about reciprocity, reliability and strategic autonomy. In 2013, ...

Apr 10, 2026 5 min
Japan’s unsustainable pacifist delusion

Japan’s unsustainable pacifist delusion

Japan’s pacifist constitution is often cited as a constraint on what the nation of 123 million and the world’s fourth-largest economy can and cannot do militarily. The latest crisis in the...

Apr 11, 2026 5 min