Kuala Lampur, May 13 -- The world is now in a state of volatile, uncertain, complex and ambiguous - VUCA. Volatility and uncertainty are most dreaded by the economy and business. Decisions to invest are negatively impacted. The economic repercussions are devastating, to say the least.

Recent tariff madness by the US has rattled markets around the world. Top economists around the world do not see the real value from such a move. Instead of coaxing global companies to shift their operations to the US, as envisaged by the administration, it may even backfire on the US economy. What is more disconcerting is that the US Congress appears powerless in stopping such madness.

The world needs a serious rethink on the global economic order and exe...