Economic Security

Taiwan’s Risky Bet: Zero Tariffs with Trump Amidst China Threat

Taiwan’s pursuit of zero tariffs with the United States, coupled with its pledge of increased investment, is a high-stakes gamble born from a precarious geopolitical situation. The island nation faces immense pressure from China, a looming threat that overshadows all domestic and international policy decisions. This makes the current negotiations with the US particularly fraught with risk, as Taiwan essentially has its back against the wall.

The decision to appease the US, potentially at significant economic cost, stems from a perceived need for military protection against China. The hope is that economic concessions will translate directly into a concrete security guarantee, safeguarding Taiwan’s sovereignty.… Continue reading

MacKenzie Scott Donates Another $2 Billion, Totaling $19.25 Billion Since 2019

MacKenzie Scott announced another $2 billion in donations, totaling $19.2 billion since 2019, with a focus on economic security and opportunities. She revealed a shift in investment strategy, directing advisors to fund mission-aligned for-profit ventures addressing these challenges. This approach contrasts with traditional philanthropy models and has significantly impacted numerous nonprofits, particularly in affordable housing, through large, unrestricted grants. Scott’s giving, characterized by “trust-based philanthropy,” continues to set a high standard for megadonors.

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