Australia, a nation who has a developed and high growth economy, is set to have robust trade relations with the rest of the world. The land of kangaroos is known to have good trade relations with many developed and developing nations. It is also making investments in emerging countries so that they can increase their returns on investments. On 18th November, Australia and China celebrated their fifth anniversary of the China-Australia Free Trade (ChAFTA) at Sydney. Its trade
President Trump is not one to be shy of controversy, he has created many problems with countries like China and Mexico.Placing large tariffs on large economical countries will cause angry relationships, relationships that can cause harm down the road.
Not only is trade an important subject for Mr.Trump but its also a sensitive one. The Beijing resume has bought around 20 billion in american farm products as part of an influential trade deal. President Trump suggests farmers buy larger tractors,
Despite negative news coming from overseas regarding economic instability, low GDP growth, the US economy shows some signs of improving economy. The unemployment rate hit a 50-year low in September 2019 of 3.5%. Along with the overall low rate, the unemployment among Hispanic and African Americans is at its lowest as well. Can we talk about positive trends in US economy? Is it just a temporary improvement before new recession? If we look at the GDP annual growth, we can see that it is on the dec
Finally, after almost three years of waiting Aramco have lunched their IPO process in local Saudi Arabia stock market “Tadawul”. The company that’s expected to have a profit that equals the sum of Apple and Google revenues together just three days ago on 17 Nov 2019 went public. Aramco has declared 8.52$ per share will be the price of the stock and 0.5% out of 5% is going for the public of Saudi individuals and local companies while the rest of 4.5% going for other investors. Since the announce
The New York Times reported a few days ago that the Federal Reserve Chairman had a "cordial" sit down with President Trump. They purportedly discussed several areas including: interest rates, negative interest, low inflation, easing, dollar strength among other topics related to monetary policy. While Fed Chair - President meetings are somewhat commonplace, it is universally understood that monetary policy is determined seperately from politics and is in no way to be influenced by the Pr
The reason that the US dollar could hurt the world economy is because of the way that money is barrowed and currency is exchanged. Emerging markets, as I mentioned in a different post are what some economists see as the key to avoiding a global recession. The issue with this is that these economies tend to barrow money in dollars, which at this point time is valued more than other currencies. The falling value of the Euro in comparasin to the dollar could als hurt these economies, as most of the
Recently, the world economy has slowed down as a whole in terms of growth rate. This slowing can be partly atributed to the trade war going on between the US and China. China, who has the second largest economy in the world has seen their growth drop to its lowest rate in almost 30 years. While there is still hope a trade deal could end this slowing, one thing that economists are looking at as a key piece to avoiding a global economic crisis. According to Morgan Stalney, emerging markets are pro
There is no secret that this past year there has been some economic slowdown in comparison to what we have seen in the last decade. Coming off the great recession we saw extreme growth that has been happening for the last eight years or so. This growth so far has been stable because of different policy that was implemented to sustain it as well global trade helping that cause. In the recent year and a half our trade war has resulted in some economic drawbacks. Putting tariffs on china as well wi
Civil disobedience and public demonstrations have existed for centuries and they have always left some kind of impact on the surrounding environment. As we move into an age where people are more intentional and explicit with their values and expectations, we have seen more demonstrations in support of and against people, policies, institutions, and other things. Now that we are so highly engaged in globalization, we should consider how these protests affect the global economy.
Take Haiti. The c
According to a new study by the Economist Intelligence Unit, the world economy could shrink by 3% by 2050 due to climate change. Climate change is having huge effects on the world and its economy. Larger and more deadly storms are happening more frequently, causing major damage to both nations and their ability to deal with them. Storms and rising sea levels are hurting maritime shipping across the globe as ports are being flooded out and shipping has to navigate and delay around these new super
On October 18th, 2019, the World Bank Group (WBG), through the International Finance Corporation (IFC) has launched at its headquarters in Washington DC a panel on women economic empowerment. According to David R. Malpass, President of WBG on the panel discussion, there are ways that will create opportunities for women entrepreneurs and allowing women to participate fully in society and the economy. One of the WB's mission is to create a powerful tool to get women out of poverty by starting and
In a year from now the US will elect the new president. The US economy will play a major role in the elections. If the US economy continues to be strong, as t is now - that unemployment is in a 50 year low and the stock market is at all-time high, then most likely President Trump will get re-elected for a second term.
"If the economy a year from now is the same as it is today, or roughly so, then the power of incumbency is strong and Trump's election odds are very good, particularly if Democrats
The German economy has steadily been in good standing if not at a prime due to the location for trade, easy laws for investment, and consumer confidence with their economy; however in recent time Germanany's industry has been affected by the US-China trade war, uncertainty over Brexit and disruption in the car industry caused by new emissions rules and the shift to electric vehicles, and the slow growth of the world also factors due to globalization. People are now becoming a bit worried and fee
"The debt is growing faster than the economy, than the nominal GDP, and ultimately, in the long run, that's not a sustainable place to be". Jerome Powell, Federal Reserve chair, was only speaking about the United States economy with these remarks, but they have broader implications. In the first half of 2019, global debt rose by $7.5 trillion, of which more than sixty percent was attributable to the United States and China. At the end of June, the debt hit a high of $250 trillion which is equiva
Trump’s approach and demeanor towards trading and tariffs relating to other nations have damaged relationships. A notable relationship that fluctuates a lot is the United States and China. If Trump imposes several tariffs because of the differences in trade practices and theft accusations, both the United States and European Nations will suffer should the ensuing trade war carry on. Many have stated that the tariffs on allies for the import of steel and aluminum are as unfair even if he states w
The global investment company Pimco has stated in a recent report that a possible 1stphase of a trade deal between the United States and China could be reached before Christmas time this year. The biggest block in the negotiations that is causing issues is the Chinese governments displeasure in US President Donald Trump’s tariffs he has placed on China, and how he hasn’t laid off them at all yet. Pimco’s managing director, John Studzinski, stated that he believes the deal will get done because
Foreign Direct Investment plays an essential role in the economic development of a country. In 1991, Liberalization, Privatization, and Globalization aimed at making the Indian economy a faster-growing economy and competitive.The private sector is the lifeblood of economic activity in India, which is energetic and well spirited. Under the new economic policy, India provides an open and liberal economic atmosphere and offers substantially scope for foreign direct investment, and coll
India’s top main exports are Crude Petroleum, Diamonds, Gold, Coal, Petroleum Gas. Trade opportunities between India and the US would be historic where trade rules need to be examined including trade relationships. On the trade front, one of the main focus for President Trump's administration has been to reduce trade deficits with countries and that included renegotiating some of the existing trade agreements. Washington is also engaged in long trade war with China where both countries have app
The United States economy has continued to surprise many people. The stock market continues to move towards all time highs and the Dow Jones Industrial Average has closed above 28,000. There have been many economic factors that have driven the economy through the third quarter. One of these factors being a surprisingly good third quarter reports. While many people expected these reports to be less than great, many companies continued to beat expected earnings. However, even with great reported e
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