But if the Great Trump Pivot is finally happening—his makeover into a normal and presentable general-election candidate, much anticipated but never delivered in the seven weeks since he became the Republican nominee—well, the political establishment will believe it when they see it. Read Here – The Atlantic
The United Kingdom’s exit from the European Union is creating a lot of losers: London’s finance industry. British Prime Minister David Cameron. The pound. The grand cause of European integration. But out of all of the market turmoil and uncertainty will emerge at least one big winner: China. Read Here – Bloomberg
British voters didn’t just shock the world and the financial markets by voting to leave the European Union hours ago: They also ignored President Barack Obama, handed Hillary Clinton a potential economic burden and injected new energy into the populist currents roiling politics on both sides of the Atlantic. Read Here – Politico
The UK has voted to leave the European Union after 43 years in a historic referendum. Leave won by 52% to 48% with England and Wales voting strongly for Brexit, while London, Scotland and Northern Ireland backed staying in the EU. Read Here – BBC
The prince, who’s the son of King Salman, is leading Saudi Arabia’s biggest-ever economic shakeup, moving to cut subsidies and diversify the economy away from oil by generating an extra $100 billion in non-oil revenue by 2020. Read Here – Bloomberg
The Indian government has offered to spend lakhs of crores of public money on a loss-making American corporation, and has put its citizens in a position where they might have to pay high costs for electricity and will not be able to hold this corporation accountable for an accident. In return, the U.S. President said […]
The febrile behavior of financial markets ahead of the United Kingdom’s referendum on June 23 on whether to remain in the European Union shows that the outcome will influence economic and political conditions around the world far more profoundly than Britain’s roughly 2.4% share of global GDP might suggest. There are three reasons for this […]
All signs show that both the South China Sea dispute and the steel oversupply issue will be realities beyond 2016. As far as the actual forum itself is concerned, the possibility of a 9th round of S&ED — an Obama administration initiative — is unclear, especially with lacking tangible results. Read Here – Global Risk […]
Two years ago, President Vladimir Putin decided to wait out Western attempts to isolate Russia economically and politically. This year’s St. Petersburg Economic Forum — an annual event informally known as Russia’s Davos — showed that his patience is gradually paying off, but business as usual still isn’t within reach. Read Here – Bloomberg
Since the conclusion of the Iranian nuclear deal last July, the perennial antagonism between Riyadh and Tehran has reached a dangerous pitch, fuelling the violence that rages in Syria, Iraq, and Yemen and the undercurrent of instability that saturates the region. Read Here – Brookings
looking beyond borders 