The main driving issue is the realization by the Saudis that, irrespective of the reassuring rhetoric of Trump and Kushner, their bitter nemesis, Qatar, is far more important to the US than the rest of the conservative Arab monarchies and sheikhdoms of the GCC.
Read more...Yves here. It has been reported in venues like the Financial Times that importers who would face increased costs from tariffs on China were taking steps so as not to increase prices to customers, which includes making their suppliers give better prices and eating some costs too. With profit share at a record high level […]
Read more...China’s trend rates of growth are likely to be much lower than in the past, and even that is problematic. China will remain an important Asian player, not a dominant global force.
Read more...One way China could mess with the US.
Read more...A row Down Under as a prominent and well placed MP says some not-nice things about China.
Read more...Markets are in a tizzy over the US-China trade row. But what might come next?
Read more...China upsets its neighbors.
Read more...How the US has used its economic muscle to defend its hegemony and the rest of the world is looking to claw power back.
Read more...Turns out Trump was not all wrong in saying the dollar was overpriced.
Read more...An new working paper by Sebastian Horn, Carmen Reinhart and Christoph Trebesch on China’s foreign lending has some important findings, such as that China accounts for more than 40% of the external debt of 50 developing countries. We’ve embedded the document at the end of this post. The study is an ambitious undertaking, seeking to […]
Read more...Why the US looks like it has a glass jaw.
Read more...Lack of geographic mobiliity is a major culprit in the rise of nationalism.
Read more...Why trade wars are more costly than conventional wisdom would have you believe now that manufacturing to a large degree depends on global value chains.
Read more...The largest animal epidemic in history – an outbreak of African swine flu – is currently ravaging pigs in Asia. The cause: industrial farming practices. The cure: change the food production model.
Read more...At stake is whether China will agree to do what Russia did in the 1990s: put a Yeltsin-like puppet of neoliberal planners in place to shift control of its economy from its government to the U.S. financial sector and its planners.
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