Advertisements

looking beyond borders

foreign policy and global economy

Archive for the tag “Economy”

British PM May Survives Party Confidence Vote But Brexit Deal Still Teetering

Prime Minister Theresa May survived a confidence vote by the Conservative Party on Wednesday, but a mutiny by more than a third of her lawmakers indicated parliament was heading towards deadlock over Brexit.

Read Here – Reuters

Advertisements

Ousted Sri Lankan PM Wickremesinghe Gets Majority In Parliament Vote

Sri Lanka’s ousted prime minister Ranil Wickremesinghe garnered a majority in parliament on Wednesday, weeks after being sacked by President Maithripala Sirisena in a controversial move that plunged the island nation into political turmoil. As many as 117 out of 225 lawmakers in parliament voted to pass a confidence motion in his leadership.

Read Here – The Wire

Trump, Xi Declare Truce On New Tariffs As Trade Talks Continue

President Donald Trump and Chinese President Xi Jinping agreed to a temporary trade ceasefire to allow time for more negotiations. The move means that U.S. tariffs on $200 billion worth of goods will not rise to 25 percent on Jan. 1, from 10 percent currently. As part of the deal, China agreed to buy “a very substantial amount of agricultural, energy, industrial, and other product from the United States to reduce the trade imbalance between our two countries,” White House Press Secretary Sarah Huckabee Sanders said in a statement.

Read Here – Politico

Also read: Trump’s Slump: What The US And Chinese Leaders’ Body Language Tells Us About Their G20 talks

This Is How Social Media Is Being Used In The Middle East

Social media has played an increasingly important role in Middle East politics ever since the 2011 Arab Spring. State actors such as Iran and Saudi Arabia have sought to use social media to influence discourse at home and undermine rivals abroad. How will this new era of online opposition and internet troll armies play out?

Read Here – The National Interest

The US And China Are The Closest Of Enemies

After years of economic symbiosis in which the US purchased low-cost Chinese imports and China purchased US Treasuries, China has begun to pursue the prerogatives of a superpower, and the US has responded in kind. As a result, both countries are becoming more alike, particularly in their belief that there can be only one winner.

Read Here – Project Syndicate

China’s Four Traps

During its 40 years of reform, China has mastered learning by doing, engaged in bold policy experimentation, and become steadily more integrated into global economy. It will need to bring all of this experience to bear, as it attempts to avoid the pitfalls that could derail its effort to achieve high-income status.

Read Here – Project Syndicate

The Collision Of These 3 Geographies Is Creating A New World Order

Indeed, the rise of Asia as a whole is recasting the physical and mental map of the world. Proliferating transnational relationships and new flows of finance, trade, technology, information, energy and labour have created three new strategic geographies which are already escaping the shadow of transatlantic arrangements. They essentially represent the collision of erstwhile political constructs – and their management requires new ideas, nimble institutions and fluid partnerships.

Read Here – World Economic Forum

The Limits Of China’s Charm Offensive

Photo by chuttersnap on Unsplash

Facing escalating geopolitical competition with the US, China is scrambling to win friends in East Asia. But while China’s neighbours will undoubtedly welcome any respite from Chinese belligerence, they will not be fooled by sweet talk – or even sweet trade deals.

Read Here – Project Syndicate

Abe’s Japan Tries A Decidedly Foreign Concept

Japanese policymakers often seem like the economic equivalent of Winston Churchill’s take on Americans that they can be counted on to do the right thing after exhausting all other possibilities. There’s nothing new or innovative about Prime Minister Shinzo Abe’s revival scheme. Abenomics is merely a list of reforms Tokyo should have tackled 20 years ago. Instead, they exhausted every possible alternative, often several times, until delay was no longer an option.

Read Here – Asia Times

Apec Summit Ends Without Agreement As US And China’s Deep Divisions Over Trade Emerge

The annual Asia-Pacific Economic Cooperation summit ended without agreement on a joint communique for the first time in its history as the escalating rivalry between the United States and China dominated proceedings. The impasse emerged a day after Chinese President Xi Jinping and the US Vice-President Mike Pence had blamed their rivals in the ongoing trade war in back-to-back speeches.

Read Here – South China Morning Post

Post Navigation

%d bloggers like this: