Tag: jobs
State Of Obama’s Union Is Booming
When President Barack Obama was elected in November 2008, the U.S. economy was shrinking at a rate unmatched since World War II. In the seven years between then and his final State of the Union address Tuesday night, global investors have enjoyed stellar results from the rapidly expanding Obama economy. Read Here – Bloomberg
‘A Cabinet That Looks Like Canada:’ Justin Trudeau Pledges Government Built On Trust
Justin Trudeau beamed as he explained why he felt the need to put together Canada’s first cabinet with an equal number of male and female members. “It’s an incredible pleasure for me to be before you today … to present a cabinet that looks like Canada,” Trudeau said in his first statement as Canada’s 23rd prime […]
China’s Self-Inflicted Demographic Disaster Is Here
The liberalization of the one-child policy had been expected—and virtually inevitable. China, after all, is heading toward accelerated demographic decline. The country’s population is now projected to peak in 2028, well before the 2030–2035 timeframe expected just a half decade ago. In all probability, the top will be reached earlier, maybe in 2020. Read Here […]
It’s Money That Matters In China-UK’s New Found Love
While economics works well between China and the United Kingdom, it is a tricky diplomatic route for Cameron and he will have to ensure that his newfound bonhomie with Xi doesn’t make the old ally in Washington too nervous. He will have to carefully walk the fine line between keeping old, historic ties in place […]
Lowering World Poverty Depends On India
The future of global inequality, in other words, rests on India’s shoulders. To join the global middle class, India must do much better. It must improve infrastructure and education. It must implement good governance and reduce harmful corruption. It must attract foreign investment and make growth a priority. And it must do all this while […]
Xi Says China Will Not Experience A ‘Hard Landing’
China will continue to grow at a sustainable rate, and will not experience a hard landing, Chinese President Xi Jinping said in London. “China will not close the door it has opened. We are working to build a new system of an open economy and we will make renewed effort to make an open world economy”. In […]
David Cameron Defends China Business Deals
David Cameron has defended the UK’s business links with China as he said deals worth £40bn had been struck during President Xi Jinping’s visit. Cameron hailed a deal giving China a 30% stake in a new nuclear plant. The PM said the two countries could maintain a “strong relationship” while having “necessary and frank discussions” about issues […]
Pakistan’s Political Economy
A COUNTRY which was clocking a growth rate a shade above 5pc per annum for most of its history is now finding that this rate has dropped to below 4pc. It gives the impression that this is the new equilibrium rate that we may have to live with for some time. What explains this lacklustre […]
TPP Trade Deal: Who Stands To Gain, Suffer In Asia-Pacific
The Trans-Pacific Partnership is the biggest trade agreement in history, reducing tariffs and other forms of protectionism in a dozen countries making up about 40 percent of the global economy with economic output of almost $30 trillion. The White House estimates it will eliminate 18,000 tariffs on U.S.-manufactured goods, while giving everyone from Vietnamese shrimpers to […]