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Trade and environment have risen to the forefront of geopolitics. In his recent spat with the Brazilian president Jair Bolsonaro over the Amazon fires, Emmanuel Macron (President of France) reversed course on Mercosur as he now opposes the “deal as it is” (1), questioning Brazil commitment to the Paris Agreement. Other EU countries hold the same stance. As a quick reminder, the EU signed the Mercosur Free-Trade Deal with the South American customs union existing between Brazil, Argentina,…

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First, let me introduce to you what is Libra. On June 18th, 2019, Facebook has officially announced its cryptocurrency which is Libra and this cryptocurrency can be used for buying things and sending money to people with nearly zero fees.

The project Libra is managed by Libra association which is an organization founded by Facebook's subsidiary Calibra and other 27 companies.…

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China-US trade war

Why does it happen?

For this question, I think we should think from two perspectives.  I search lots of news from the Chinese social media and the American social media.

From America perspective

US President Trump has long accused China of unfair trading practices that may have a bad influence on the WTO and intellectual property theft.

From China perspective

The US is…

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Gloom Deepens for The Global Economy

The world as we stand in 2019 is currently seeing a slower rate of growth within the economy than we have in previous years. It has been proposed in various countries that central banks should launch some sort of stimulus in which would allow for a continuation of economic benefit offsetting the trade tensions and weakening demand. The world economy is expected to grow this year at a rate of 3.2 percent which is drastically lower than what we previously predicted at the start of the new…

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THIS ARTICLE WAS FIRST PUBLISHED IN THE LEAST EXPLANATIONAND KINDLY CONTRIBUTED TO THE COLLECTIVE

A.E. Rodriguez & Michelle Brandao

 

The talk of a forthcoming recession is deafening.  Everyone is trying to read the tea leaves.  The search for a timely gauge of economic activity never wavers.…

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We are as of now observing a disintegration of majority rule responsibility. In the europeon union, selected civil servants settle on numerous significant choices. In the US, a President would now be able to burn through billions of dollars on a task even after Congress has rejected his solicitation to favor the use. Do we truly need delegated financiers in the private division (for example provincial Fed bank presidents) settling on signifAicant choices on the most proficient method…

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SERIES: Contracting Abroad

Since graduating from the university this past spring I have fallen back on the one thing that was a guaranteed aside from death and taxes, defense-related contracting abroad. In the upcoming series, I plan to cover: various companies partaking in expatriate activities and employment opportunities for graduates, the laissez-fare lifestyle associated with expatriate work, and the underlying macro-economic ramifications that coincide with this line of work. 

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Inflation and Economic Recovery

 

Inflation can be both advantageous to financial recuperation and, now and again, negative. In the event that expansion turns out to be too high the economy can endure; on the other hand, if swelling is controlled and at sensible levels, the economy may thrive. With controlled, lower swelling, work increments. Shoppers have more cash to purchase products and ventures, and the economy benefits and develop. Be that as it may, the effect of expansion on monetary recuperation can't be…

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Globalization - A boon or bane?

Globalization has connected the world and helped in growing interdependence of world economies, culture, trade, technological advancement, investment and information transfer. The wave of globalization got stronger after the Great Depression and World War II. World trade had skyrocketed in the past century and US trade exceeded a third of its GDP.

Some of the apparent benefits of Globalization is that it encouraged comparative advantage i.e. countries were to specialize in what they…

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The Iran Crisis: The Third World War?

The year 2019 is marked with the intensified tensions between Iran and the rest of the world. The government of Tehran pursues an aggressive strategy toward shifting the distribution of power in the Middle East. With several attacks on international tankers, including the British ships, Iran risks gaining the status of the aggressor. Both American and British companies are warned to avoid the area that is currently not safe.  At the core of the tensions is the mutual hostage of ships on both…

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Challenges in operating in a global economy

In a recent article posted by Chron, Nicky LaMarco conveys how a business operates in a global economy and what are the challenges it has to face in order to sustain, perform and succeed in today’s global economy. Let me start by saying that I am pro globalization, coming from a developing country, it has helped the Indian economy grow immensely and plus given us a global recognition.

Moving on to the article by Nicky on Chron. Every business in today’s globalized world has to go…

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China - United States Trade War

China and the United States have been engaged in a trade war through increasing tariffs and other measures since 2018. Apparently, China's economic slowdown is not only due to tariffs, but they have also experience low gross domestic product growth which dropped 6.2%, companies want to leave China for non-tariff countries, debt is high and so on. According to Analysts, China has other things to worry about other than the trade war such as debt mountain and cautious consumers. 

Since…

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The Strength of the US Dollar

The article I chose to review is about the strength of the United States dollar and America’s temptation to weaken it.  In The Economist’s article America should resist the temptation to weaken the dollar, it is argued that, “If America concludes that its trade partners are using unfair tricks to weaken their currencies, it may claim the right to do the same. […] It would also undermine one of America’s key assets—its open capital markets” (Economist 2019).  The article goes on to…

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In the landscape of the world, there are both large countries and small countries in terms of area or population, but also in terms of the size of their economy. Some economies, such as Greece, in theory, should have negligible impacts on the global world. In 2011, having a GDP of around $300 Billion, for .5% of world output, and a public debt figure of about $470 Billion, this is very large for an economy of its size, due to private banks holding a significant portion of debt in the Greek…

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Although a business may be confined toward just one country, they may be still a participant on the global stage and competiting against other companies in the segment. Many challenges companies face are language barries, technology and communication issues, and expansions that may take away from the overall botom line. This was the reason that the successful company Tesla, is still being seen as losing money even though they have delivered a record number of vehicles. Another quater of…

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China Doubles Down on Economic Globalization

At the opening plenary of the World Economic Forum’s 13th Annual Meeting of the New Champions, Li Keqiang, Premier of the People’s Republic of China shared “Countries rely on each other’s markets. No country can single-handedly provide all resources … or offer all needed goods to consumers. Nor can any country sustain its development in isolation from the global system.” (Hellenicshippingnews.com, 2019) With an open economy, there are many rules and regulations which ultimately have an…

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Currently, a family of four with an income of approximately $33,000 or less qualifies for Supplemental Nutrition Assistance Program (SNAP) benefits, previously known as food stamps. The current presidential administration proposes eliminating a loophole in which states are allowed to disperse benefits to those who do not qualify through federal standards by either increasing or eliminating an income…

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Interdependent Global Economy

           The article that I have chosen to review talks about “Emerging challenges and shifting paradigms.” Globalization has resulted in a redefinition of the worldwide context and has driven possible backlashes (ECLAC & OECD, 2018). The high level of interdependence and interconnectedness in information, finance, policy, and trade have increased changes and challenges in the global economy. Therefore, the characteristic has made the global economy…

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