Analysis · Global
Trade in an Age of Fragmentation
Globalization has not ended — it has changed shape. What that means for middle powers.
By Thomas Reyes · October 18, 2026 · 12 min read
Thomas Reyes
Covers global value chains and trade agreements.
Political economyTrade
Recent work
Analysis · Economy
Money as an Instrument of Power
Sanctions, payment systems and the search for alternatives to the dollar.
By Thomas Reyes · October 8, 2026 · 11 min read