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News & Updates

July 26, 2016 Why Dropping the Trans-Pacific Partnership May Be a Bad Idea

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...

July 13, 2016 China June exports and imports both fall, trade outlook dim

Source: Reuters

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 years

Source: 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.

July 6, 2016 Global bond burn from Brexit may now force fiscal response

Source: Reuters

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...

July 6, 2016 Russia, China See Silver Linings After U.K.'s Brexit Vote - text/video

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.

July 5, 2016 UK plans lower corporation tax to cushion hit from Brexit

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...

July 5, 2016 China defends use of wild animals in traditional medicine

Source: Reuters

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.

July 5, 2016 European Stocks Fall for Second Day on Concern Brexit Will Trigger Economic Slowdown

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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