To say that Warren Buffett knows a good deal is a bit of an understatement — even cliché, maybe. That’s why it looks like bad news that his company, Berkshire Hathaway, is sitting on a record $122 billion in cash, and actually sold more investments than it bought in the first half of the year, according to Bloomberg. Of course, most […]
Economic analysis suggests that bilateral trade wars are unwinnable in an interconnected world. By firing his latest tariff salvo against China, US President Donald Trump has further raised the stakes in an increasingly damaging dispute – and America is likely to emerge as the bigger loser. Read Here – Project Syndicate
For years, Europeans were lulled into thinking that the peace and prosperity of the immediate post-Cold War period would be self-sustaining. But, two decades into the twenty-first century, it is clear that the Old Continent miscalculated and now must catch up to the digital revolution. Read Here – Project Syndicate
The US-dominated G1 world is long gone, and the G2 system in which America and China shared hegemonic responsibilities is now fading into memory. In today’s G-minus-2 world, US and Chinese policies threaten to have devastating consequences for the global economy. Read Here – Project Syndicate
The rise of digital platforms, cutting-edge forms of automation, and Big Data promises to transform labor markets and upend longstanding business models. It will also broaden our thinking about human wellbeing, much of which hinges on social and experiential factors that have little to do with standard measures of material welfare. Read Here – Project […]
The trade war is doing permanent damage to the Chinese economy every month since once production networks have been relocated to lower-cost countries in Southeast Asia, they are unlikely to return to China. The United States faces no such economic pressure. Read Here – The National Interest
President Donald Trump said negotiations with China are “right back on track” after meeting with Chinese President Xi Jinping on Saturday in Japan. “We had a really good meeting,” Trump told reporters before talks with the Turkish president. “Perhaps better than expected.” The president did not specify whether he would pause his plan to impose […]
Various countries in the region are under pressure to support Washington or Beijing as their tariff dispute bleeds into bigger issues. But wariness of putting one offside means most will try to wait for the two giants to work through their differences. Read Here – South China Morning Post
If the U.S.-China trade war develops into a broader cold war, as some observers fear, it will be nothing like the actual Cold War. Between civil war in Russia after World War I, the Great Depression in the United States and then the cataclysm of World War II, America and the Soviet Union never had […]
The decoupling of investment is already clear. Last year, Chinese acquisitions of American companies plunged 95 per cent from its peak in 2017 after the US Congress gave the Committee on Foreign Investment in the US authority to broaden the scope of its reviews of Chinese acquisitions on national security grounds. Read Here – South […]
looking beyond borders 