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News & Updates
Source: NY Times
Allowing China into the World Trade Organization was part of a strategy to draw the most populous nation on earth into the rules-based fold of the market democracies. Neither strategy performed flawlessly, to say the least. The...
China's exports fell more than expected in June as global demand remained stubbornly weak and as Britain's decision to leave the European Union clouds the outlook for one of Beijing's biggest markets
July 13, 2016 Trade Deals Left for Dead May Rise Again
Bloomberg - It even expresses approval for a worldwide multilateral agreement that promotes open markets. This was exactly what the World Trade Organization, the citadel of liberal trade, was trying to accomplish with its Doha...
July 12, 2016 China second-quarter economic growth seen cooling to 6.6 percent, weakest in seven yearsSource: Business Insider
China's economic growth likely cooled to a fresh seven-year low of 6.6 percent in the second quarter as the industrial sector loses steam and a boost from financial services fades, according to a Reuters poll of 61 economists.
A slump in long-term interest rates since Britons voted to quit the European Union is the clearest financial market verdict on the global impact of 'Brexit' - yet another body blow to world growth that may now need a...
Source: NBC News
Voters were warned that Brexit would be a political boon for Britain's traditional foes and rivals, and some early responses in Russia and China — glee, sarcasm and schadenfreude — suggest those predictions were right.
Tri-County Sun Times - Pascal Lamy, former chief of the World Trade Organization (WTO), thinks Osborne still can not go it alone without considering what the European Union would think. This post was syndicated from The Guardian...
Traditional Chinese medicine risks extinction if there is a push by the government to completely replace the wild animal parts now used with substitutes, a senior Chinese lawmaker said on Saturday.
NASDAQ - The pan-European STOXX 600 index fell 1.6% after dropping 0.7% on Monday. The euro-region blue-chip STOXX 50 index declined 1.8%. The FTSE 100 in London fell 0.6%, the DAX in Frankfurt lost 1.5% and the CAC 40 index in...
July 5, 2016 Has Globalization Been a Mistake'
Wall Street Daily - At the turn of the millennium, the tide of globalization appeared inexorable and irreversible the World Trade Organization guaranteed free trade, international mergers were creating truly global companies and...
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