Protectionism and the World Economic Forum China warned Wednesday that protectionism poses a “serious hazard” to growth and cautioned “individual countries” against isolationism, in a veiled reference to the deepening trade spat between Washington and Beijing. The comments from China’s vice premier comes as the world’s top two economic powers edged closer to an all-out […]
Money Flowing Out of Emerging Market ETFs In the week ended 16 November $6.6-B flowed out of EM (emerging-market) debt, according to the data, halting 18 consecutive weeks of inflows. In the 2nd full week of November, ETFS (exchange-traded funds) that buy emerging-market securities saw withdrawals around the world worth $1.4-B. While the rising USD […]
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 […]
G20 Summit to Boost Global Trade and Investment China sent a not so subtle message to Barack Hussein Obama on landing in China for the G20 Summit. Several documents that are likely to be ratified at the upcoming Group of 20 Summit (G20 Summit) will promote trade facilitation, curb protectionism and boost cross-border investment, an […]