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GLOBALIZATION – World Trade
In his excellent recent works on the themes [of the] nature of globalization and expanding world trade – “The World is Flat,” and the earlier “The Lexus and the Olive Tree” – The New York Times Foreign Affairs columnist and book author Thomas Friedman brilliantly describes and elegantly frames the boundaries and frontiers of the new era that corporations and capital market players have entered, beginning in 1989.
News & Updates
LONDON — George Soros has changed his mind about how the European Union should finance the costs of the coronavirus pandemic, warning that investors have now lost faith that the political bloc will survive.
November 30, 2020 'It's impossible': how Brexit has left British families unable to return to the UKSource: The Guardian
The bill does not just repeal EU citizens’ right to work and live in UK – a key Brexit ask – or British nationals’ right to do the same across the bloc. It will also make it very hard indeed for many Britons who have already...
November 25, 2020 No-deal Brexit would be worse for the UK economy than Covid-19, says Bank of England governorSource: CNN
Bank of England Governor Andrew Bailey has warned that failing to secure a new trade deal with the European Union would do more damage to the UK economy over the long run than the coronavirus pandemic.
Research & Insights
December 6, 2019 Visualized: Ranking the Goods Most Traded Between the U.S. and ChinaSource: Visual Capitalist
Today’s infographic from HowMuch.net charts the top imports and exports between the U.S. and China, pulled from the Observatory of Economic Complexity’s (OEC) global market data for 2017.
June 20, 2019 China’s economic census uncovers more fake data as officials promise ‘zero tolerance’ to data manipulationSource: South China Morning Post
Officials in the central Chinese city of Guanghan have been found to have gone to extraordinary lengths to manipulate raw data to obscure the real picture of the health of the economy, according to the National Bureau of...
Indeed, the signal is clear that China has decided to operate a radical change in its U.S. trade. Taken at an annual rate, China’s trade surplus with the U.S. in the January-April interval would be 23.5% below China’s surplus for...
Commentary & Opinion
November 11, 2020 John Major: Brexit set to be 'more brutal than anyone expected'Source: BBC
In a speech in London, the ex-prime minister said the UK's "inflexibility" and "threats" towards the EU would make future trade "less profitable".
August 24, 2020 My blue passport has arrived – and with it a crushing new sense of our Brexit nightmareSource: The Guardian
We definitely are not in the EU any more. No stars, just a lion, a unicorn and a peculiar illustration of the UK. Yet that’s not even the worst thing about this document
Source: The Guardian
The essential issue here is that Brexit can make EU membership go away, but not the EU itself. When the only problem was being inside, escape was the only solution worth talking about.
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