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News & Updates
August 12, 2016 Euro-Area Slowdown Puts Onus on Germany as Brexit Risks GrowSource: Bloomberg
Euro-area growth slowed in line with economists’ forecasts in the second quarter, leaving the currency bloc vulnerable to any fallout from Britain’s vote to leave the European Union.
Reuters - "What you can see on the ground today is 3,000 job openings. China's emergence as the world's low-cost producer and export superpower following its World Trade Organization entry in 2001 dealt a heavy blow to...
August 4, 2016 China Starts to Lose Its Taste for McDonald’s and KFCSource: Bloomberg
When it comes to China’s multi-billion dollar fast food industry, Yum! Brands Inc. and McDonald’s Corp. are living large, enjoying a combined 38 percent share of the market in 2015. Yum’s KFC restaurant chain and the Golden...
August 4, 2016 Europe's banking crisis in charts
Minyanville - Over in Germany, Deutsche Bank is also in focus. The bank, which is set to drop from the Stoxx 50 index next week following a 50% drop in its share price this year, has pledged to accelerate cost-cutting after...
The Miami Herald - Up to 40 percent of farmers can't harvest everything they produce, said Tom Nassif, the president of Western Growers, a California-based association. Nassif said the concern that foreigners took jobs from...
August 2, 2016 Rio 2016: Is Brazil ready for the Olympics?Source: BBC
With its forest-clad mountains, famous long beaches and diverse communities living cheek-by-jowl, there has probably never been a more stunning backdrop for an Olympic Games.
July 28, 2016 Fiat Chrysler ending car production in U.S.Source: USA Today
Fiat Chrysler is winding down production of the Chrysler 200 and Dodge Dart and will primarily produce Jeep SUVs and Ram pickups in the U.S. The company's remaining car models will be made in Mexico or Canada.
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...
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