Worldcrunch
American protectionism has returned, with tariffs that vary by country, but are permanent. There will be exceptions and specific negotiations but, in Trump’s intentions, they become one of the foundations of the American economy. The world must respond with this reality in mind.
Ten years after the launch of the Modi’s “Make in India” program, India’s industry problem has deepened — just like its dependence to China.
Peru’s President Dina Boluarte is traveling to China to fine tune free trade with this vital, if overbearing, business partner. It will also help her flee the deep and wide popularity among Peruvians.
Israel’s war on Gaza, with the support of the West, is not far from the necessities of capitalist accumulation in many regions of the world, or at least about managing the crisis of contemporary global capitalism.
The United States has shown it prefers economic incentives over penalties to help keep regional democracies within its orbit and away from China. That is a national-interest opportunity Latin American states cannot ignore.
Hit with Western sanctions, Russian oligarchs are racing against time to relocate their assets to tax havens. They turn to private banks where transactions, opaque as they are in the UAE for instance, make it almost impossible to trace funds.
While other major economies are taking steps to tighten credit, China is acting to cheapen it, in order to revive its economic activity and help big firms repay their debts. But will it fuel global inflation, or worse, stagflation?
President Trump’s erratic strikes against the world’s trading regime require a collective response, as unilateral state reprisals cannot check an ‘arrogant’ U.S. administration.
-OpEd- MADRID — Since September 2015, when the UN General Assembly launched its 2030 Agenda — a plan to reach 17 Sustainable Development Goals (SDGs) within 15 years — the concepts have been gaining momentum worldwide. The ultimate purpose of the SDGs is to eradicate poverty, and slowly but surely, people are realizing their importance […]
BEIJING — China has received a string of recent visits from African government and business officials, including Nigerian President Muhammadu Buhari, in April, and Mozambican President Filipe Nyusi, who came in May accompanied by officials from his national petroleum company. The president of the Algerian national oil company also made a trip to China of […]
-OpEd- PARIS — As Europe barely recovers from an unprecedented crisis, the African continent is experiencing a vigorous period of growth. This long-awaited shift is slowly but steadily making investors more confident, even if they remain aware of the risks. According to a recent study conducted by Havas Horizon, investors are showing broad optimism concerning […]
-Analysis- BUENOS AIRES — As China extends its investment reach to just about every corner of the globe, the enormous amounts of capital at play are transforming economic and strategic relations the world over. Latin America is one of the Asian giant’s key investment targets. But of all the region’s countries, only Brazil appears to […]
-OpEd- TEL AVIV — Israel’s high-tech industry has experienced a major boost in recent years. The 2014 numbers are notable: a record $3.4 billion in investments and mergers and acquisitions valued at $7 billion. There was also an increase in venture capital funds raised, totaling approximately $914 million. None of this is by chance. The […]
A new study says some 90 percent of investments by China’s businesses in American operations don’t succeed. Chinese experts explain.
Worldcrunch Over the past year, China’s outbound investment set new records. Although North America jumped to the forefront of Chinese business activity, it is likely to be temporary: Chinese companies move as a group from region to region, from sector to sector, according to a survey by the Heritage Foundation. Wine, treasury bonds, soy, ports… […]
RABAT – Like Asia did in the second half of the 20th century, Africa can move up to the economic big leagues only if it can manage to industrialize and learn to increase its productivity. The future of the continent as a whole, notes economist François Fadi Farra, will not depend on one single economic […]
BEIJING – China is busy in America’s backyard. Over the past five years, Chinese businesses have been expanding their footprint in Latin America in a number of ways, beginning with enhanced trade to ensure a steady supply of bulk commodities such as oil, copper and soybeans. At this year’s Boao Forum for Asia, for the […]
MOSCOW – Russia’s Surgeon General, Gennadi Onishenko, is a well-known teetotaler who recommends not drinking for everyone, even on New Year’s Eve. So it came as a surprise last week when he spoke out enthusiastically about wines from neighboring Georgia. “How long has it been since Georgian wine has been sold here?” Onishenko complained to […]