President Trump Challenges China and Globalization BESA Center Perspectives Paper No. 588, September 15, 2017 EXECUTIVE SUMMARY: US President Donald Trump’s decision to abandon the Trans-Pacific Partnership (TPP) marks a fundamental change from Barack Obama’s priorities. It could also create a policy vacuum in Asia, as the US is no longer the driving force behind regional […]
German Chancellor Angela Merkel is Out of Touch with the World Today Germany is a country in crisis German Chancellor Angela Merkel Wednesday told B20 Summit 2017 in Berlin that globalization and inclusive growth are important for the global economy. To the G20-related business gathering, Merkel said the world is interconnected and the prosperity should […]
Globalization, a New World or a Dead End Economic globalization is at a Crossroad, the next step to be taken by major players will lead to either a New World or a Dead End. The world is a place in time when protectionism, populism and isolationism are on the rise in the developed countries, as […]
China Is Capable of Dealing with the Rising US Trade Protectionism $UBS Chairman of Swiss bank UBS Axel Weber says that globalization is suffering setbacks, but China is capable of making up for the negative impact on its growth by using more domestic fiscal and monetary stimulus. “Globalization never happened in a straight line. There are […]
Globalization Backlash at Odds with Elites Plans for the World The policy-making elites gathered in Washington for meetings charged with determination that globalization is what is best for the people of this world, and that is at odds with the inequities it creates. From Britain’s vote to leave the EU to Donald Trump’s championing of […]
World Trade Weakening on Anti-Globalization Sentiment Volume of goods traded stagnates as protectionism rises around the world World trade is weakening to its slowest pace since 2009 amid a groundswell of anti-globalization sentiment, a watchdog warned Tuesday. The World Trade Organization predicted Tuesday that global trade will rise only 1.7 percent this year, down from […]
Globalization is being “Trumped” by Nationalism $DIA, $SPY, $.DXY Globalization has been a fact almost from the dawn of history, several decades ago it emerged in its current expanded “household” form. The Big Q: How long will it continue in its current form? A report from the Credit Suisse Research Institute (CSRI) in Y 2015 […]
The Rising Wave of Anti-Globalization Worries IMF Thursday. International Monetary Fund (IMF) chief Christine Lagarde called for global cooperation to improve living conditions in low-income countries, against the backdrop of rising anti-globalization sentiment. “The greatest challenge we face today is the risk of the world turning its back on global cooperation — the cooperation which […]
China’s Investing in the United States Extends Beyond Real Estate The growing Chinese investment in the United States has extended beyond real estate, with more companies eyeing sectors closely related to Chinese domestic demand. In recent years, more Chinese companies have been investing in the United States irregardless of size, industry and ownership, Shau Zhang, a […]
Donald Trump,”Globalization has Wiped out Our Middle-class” Donald Trump took aim at US free trade deals in a speech delivered in Western Pennsylvania Tuesday that painted Hillary Clinton as a champion of the kind of Globalization that has driven millions of US manufacturing jobs overseas. “This wave of globalization has wiped out totally, totally our […]