Business & Strategy

A multipolar world tends to push commodity prices structurally higher and make them more volatile. When economic power is spread across several competing centres rather than concentrated in one, supply chains are rebuilt for resilience instead of lowest cost, trade is settled in more than one currency, and strategic materials…

A structural copper deficit exists because global demand for the metal is growing faster than mines can expand supply. Unlike a short-term shortage caused by a strike or a stockpile drawdown, a structural deficit is built into the market over years: demand from electrification, power grids, and new industrial capacity…

When commentators discuss the global economy, they tend to focus on the visible: an election outcome, a central bank rate decision, or the latest flashpoint in the Middle East. These headlines move markets and shape sentiment, but they rarely capture the deeper currents at work. Simon Hunt argues that some…

For most of the past three decades, the global economy operated within a largely unipolar framework, with trade, finance, and commodity pricing organised around a single dominant pole. That era is now giving way to a more multipolar world, in which several centres of economic and political power compete, cooperate,…