Globalization

Trans Pacific Partnership to forge ahead without the US – at least for now

Free trade used to be a rallying cry for mainstream North American politicians. Back in the 1980s, Canada’s then prime minister, Brian Mulroney, …

Trans-Pacific Partnership

EU-India trade agreement a win-win situation: study | Business | DW | 29.05.2017

Not much progress has been made so far on reaching a free trade agreement between India and the European Union. But such a deal would be mutually …

Business

Trump’s trade policy is unlikely to deliver big wins for U.S. workers

The Trump administration will pursue bilateral deals, which are less likely to have a big impact on workers<p>The Trump administration recently notched two wins for its international trade strategy, hailing both as big gains for U.S. workers.<p>The first was the confirmation of Robert Lighthizer on May …

Liberal POV

Angela Merkel says Europeans can’t rely on the U.S. anymore

In the immediate aftermath of the NATO summit in Belgium and the G-7 summit in Italy, German chancellor Angela Merkel delivered a cautionary message …

Angela Merkel

The Community Mark Zuckerberg Longs to Build Remains a Distant Dream

On February 16, Mark Zuckerberg published “Building Global Community,” a 6,000-word open letter directly addressed to Facebook’s users. “To our …

Facebook

News Highlights: Top Global Markets News of the Day

Global Economy Week Ahead: U.S., Eurozone Unemployment and Inflation<p>This week, both the U.S. and Europe will see key readings on their labor markets and inflation, while India will release its first-quarter gross-domestic-product figure.<p>Global Markets Quiet; Holidays Keep Trade Thin<p>Global equity …

United States

Five things to look out for in the global economy this week

This will be a quiet week for finance, if a noisy one for politics. It is a short week for the markets, with Monday a holiday in both the US and UK, …

World Economy

Trans-Pacific Partnership Can Succeed Without the U.S.

Rather than walking away or starting over, the 11 remaining nations should close the trade deal.<p>The U.S. signed the Trans-Pacific Partnership trade deal last year, then decided not to implement it. The 11 other signatories have given themselves until November to decide whether to go ahead anyway. …

Business

May is retreating from globalisation, Osborne says

Prime Minister Theresa May is offering voters a retreat from globalisation in one of the most significant developments in recent British political history, former Chancellor George Osborne said on Saturday.<p>Osborne, who was sacked by May as Chancellor after the June 23 Brexit vote, criticised May's …

Brexit

G7 leaders agree to maintain sanctions on Russia, fight protectionism

The Group of Seven nations struck deals on sanctions against Russia and global trade, overcoming disputes on two issues that threatened to pit U.S. President Donald Trump against the other six leaders.<p>The nations agreed at a summit Saturday to maintain sanctions on Russia for its interference in …

Russia

China's Industrial Profits Rise 14% as Global Trade Improves - Bloomberg

Chinese industrial profits rose 14 percent in April from a year earlier as global trade increased.<p>Industrial profits climbed to 572.8 billion yuan …

World Economy

Trump wants to cut bilateral trade deals, but what if nobody comes to the table?

In his first swing through Europe as president, Donald Trump left little doubt that he would pursue his “America First” policy in economic relations, creating a stir by denouncing Germany’s trade surplus with the U.S. and promising to end it.<p>"The Germans are bad, very bad,” Trump was quoted as …

U.S. Chamber of Commerce

Here's the Survey on Global Citizenship that Zuckerberg Called a Big Deal

Mark Zuckerberg called for community on a global scale in his 2017 Harvard Commencement speech, and he pointed to a recent report as cause for …

Global Perspectives

Tough trade: The lessons of NAFTA

The North American free-trade agreement was a deal Canada had to do to defend itself amid economic globalization. But more than two decades of trade have exposed many of the deal’s flaws. From losing ground in the U.S. market to missing export opportunities, Canada’s NAFTA experience will help …

Canada

05/26/2017: The future of global trade

Economy<p>In growing metro areas, median-income families of color can’t afford to buy a home<p>Economy<p>'We get nailed,' a California citrus trade group says.<p>Economy<p>The Census Bureau has released a list of the fastest-growing large cities, and many are concentrated in the South. We'll take a look at which …

World Economy

Zuckerberg Isn’t Running For Office. But Here’s What He’d Do If He Were.

Facebook’s CEO finally gets a Harvard degree — and asks fellow millennials to help less lucky folks chase their own dreams.<p>H<b>i, Backchannel readers,</b> …

Mark Zuckerberg

Africa's untapped free trade potential | Africa | DW | 26.05.2017

Many African countries are better connected with the rest of the world than they are with each other. New free trade agreements are being discussed …

Africa

Crude oil stabilizes after yesterday's plunge; global markets steady

Crude oil prices edge higher, recovering a little of yesterday's big losses triggered by disappointment that OPEC did not take more aggressive …

Oil

Sen. Grassley: Locking the barn door on NAFTA won't create jobs or prosperity

Blue skies welcomed Agriculture Secretary Sonny Perdue to Couser Cattle Company in central Iowa recently where he held a town hall meeting with farmers and others whose livelihoods depend on a strong farm economy. The newly minted head of the USDA explained that his chief job “is selling ag …

Agriculture

Global Markets: Oil prices see-saw, sterling hit as May's lead shrinks | Reuters

By Hilary Russ<br>| NEW YORK<p>NEW YORK Oil prices see-sawed on Friday after OPEC extended cuts in oil production but disappointed investors by not going …

Markets

News Highlights: Top Global Markets News of the Day

U.S. GDP Growth Revised Up to 1.2% Rate in First Quarter<p>U.S. economic growth in early 2017 was stronger than initially thought, and broad growth is poised to pick up in the current quarter.<p>U.S. Stocks on Track to Snap Two-Week Losing Streak<p>U.S. stocks were little changed, though major indexes were …

Markets

International Football Represents The Best - Not Worst - Of Globalisation

"<p>A number of years ago, I was in Lisbon with a friend, when he suggested we buy tickets to watch Sporting play Porto.<p>I didn't follow football, so I went only with a vague understanding of the rules of the game (get the ball behind the other team's backstop without using your hands), a couple of …

Soccer

Is Bitcoin A Bubble?

We talked yesterday about run up in bitcoin. The price of bitcoin jumped another 14% today before falling back.<p>As I said yesterday, it looks like Chinese money is finding it’s way out of China (despite the capital controls) and finding a home in bitcoin (among other global assets). If you own it, …

World Economy

'The Architecture of Collapse' and the Rising Instability of the Global System

<i>You’re not imagining it: More global crises are arising today than in past decades. Economically, politically and socially, it appears as if the</i> …

Economics

Facebook's Zuckerberg to give Harvard graduation speech

NEW YORK (AP) — Mark Zuckerberg is giving a commencement address at Harvard, where he dropped out 12 years ago to focus on Facebook.<p>Zuckerberg, 33, follows another famous Harvard dropout, Bill Gates, who spoke before its graduates a decade ago. Steve Jobs, who dropped out of Reed College in Oregon, …

Judi Dench

What Does The U.S. Pay For Trade Deals?

There is an interesting trade debate occurring on the editorial pages of the <i>Wall Street Journal</i>. First, the economist Chad Bown and the lawyer Alan Sykes ventured to correct Trump administration misunderstandings of the multilateral trading system. Their whole piece is worth reading, but consider …

News (U.S.)

Globalisation

GlobalisationAn economist’s bleak view of the future of globalisation<p>Global co-operation is collapsing just when it is most needed<p>print-edition …

Business (UK)

Globalisation isn't dead, it's just shed its slick cover story

<b>The penultimate instalment in our Globalisation Under Pressure series questions the concept of globalisation, suggesting that the so-called backlash</b> …

World Economy

Development Issues in Global Governance : Public-Private Partnerships and Market Multilateralism: Benedicte Bull: 9781134162994: Telegraph bookshop

by Benedicte Bull, Desmond McNeill<p>Part of the Routledge Studies in Globalisation series<p><i>Development Issues in Global Governance</i> presents the first serious academic study of multilateral organizations' current partnerships with the private sector.<p>This new volume describes empirically, and analyzes …

World Economy

Has Globalism Gone Off the Rails?

The cult of multiculturalism is a paradox.<p><i>Prague</i> — The West that birthed globalization is now in an open revolt over its own offspring, from here in …

Conservative POV