South Korea, China and Japan have high stakes if the North Korean threat goes north. The economic and humanitarian costs of a confrontation will be significant, especially for South Korea. Officials from South Korea’s foreign ministry are set to meet… Read More ›
economics
France backs Trump’s move on troops deployment in Afghanistan
The development points to the recognition of burgeoning economic opportunities in the region. On Wednesday, France’s foreign ministry issued a statement which backed the commitments made by U.S. President Donald Trump on maintaining a military presence in Afghanistan. “France recognizes… Read More ›
Midst tensions with China, Vietnam wins U.S. defence pledge
An increasingly aggressive China is facing threats in different fronts. A misstep in any one area will significantly dent and hammer its economic and geo-political ambitions. With China flexing its muscles in the South China Sea, Vietnam has won… Read More ›
European markets celebrate Macron’s win of the French Presidential elections
The youngest leader in the G7, Macron’s win essentially consolidates the irreversible progressive consolidation of unity against a backdrop of disruptive elements. With Emmanuel Macron wining the French elections, investment markets in Europe were in a celebratory mode. Although polls… Read More ›
Joseph Otting could replace Thomas Curry as Comptroller of the Currency
Keith Noreika, a banking lawyer at Simpson Thacher & Bartlett LLP, is being considered as an acting comptroller. The Wall Street Journal has reported that the Trump administration plans on replacing Thomas Curry as the Comptroller of the Currency. Although… Read More ›
Trump pulls up China over cheap steel import
The Trump administration has taken China to task for its strategy of dumping cheap imports, in this case steel, into other countries as a policy. Citing national security concerns, U.S. President Donald Trump has launched a probe against exporters of… Read More ›
Donald Trump needs to tackle China on trade tariffs: U.S. ethanol and grain producers
China, one of the biggest importers of U.S. agricultural products, has imposed punitive tariffs on U.S. agricultural produce which has resulted in the cancellation of several orders. Three industry groups in the U.S, who represent U.S. grain growers and ethanol… Read More ›
Trump’s protectionism is an opportunity for Germany
In an increasingly connected world closing borders and trade routes is essentially self-defeating. German officials have suggested to their government that this is a classic watershed moment to invest in deepening the country’s trade ties with Asia and South America…. Read More ›
China flexes economic muscles, reminds Trump of its economic might
Beijing is stating rather bluntly that resetting ties with Taiwan has an economic cost attached. In a tit-for-tat move, Beijing’s China Daily newspaper has quoted a senior state planning official as saying the country will soon slap a penalty on… Read More ›