In The News

Rachel Barker, Ryan Donahue, and Brad McDearman May 23, 2017
Innovation in cleantech, or clean technology, could make America’s energy sector more efficient, cheaper and safer. Due to its high-risk, high-reward nature, cleantech relies on venture capital investment for funding, but that has been steadily declining. Hence foreign mergers and acquisitions may help the US “protect its status as a global innovation leader,” note Rachel Barker, Ryan Donahue and...
David Vines May 17, 2017
China could be on its way to leading the global economy, helped by One Belt, One Road. David Vines, writing for Caixin, compares the initiative to the Marshall Plan during the last century, which benefited Europe and Japan. China, with big investments in infrastructure, could emerge as a leader in setting rules and standards for global governance, but Vines points to two risks: First, “The Belt...
Paul Brown May 17, 2017
Nuclear power is the source about one-fifth of the United Kingdom’s energy, and the government has shifted support in subsidies away from solar and wind toward nuclear power with plans to construct more. “However, the industry relies on foreign companies − based both in the EU and outside − that provide parts, fuel and raw materials,” reports Paul Brown for Climate News Network. France’s ETF owns...
Jeffrey D. Sachs April 28, 2017
An introduction to economics defines a nation’s deficit or surplus – “The current-account balance, measuring the balance of trade in goods, services, net factor income, and transfer payments from abroad, is equal to national saving minus domestic investment.” The Trump administration is mistaken about the source of the US deficit, overlooking the low US rate of saving and instead blaming Germany...
Robert G. Blanton and Dursun Peksen April 27, 2017
Economic globalization— trade, foreign direct investment and low tariffs—has a twofold effect in making costly, environmentally harmful and deadly industrial accidents more probable, according to professors Robert G. Blanton and Dursun Peksen in a discussion of their study in Harvard Business Review. First, there is more room for error as byzantine international supply chains straddle countries...
April 24, 2017
The internet and automation are not through disrupting the economy, warns Jack Ma, co-founder of Alibaba, and “society should prepare for decades of pain” – or expect conflict. In a speech to an entrepreneurship conference in China, Ma expressed frustration that no one listened to his warnings issued long before his online company became famous. “Alibaba, China’s largest e-commerce operator,...
Liz McCormick and Brian Chappatta April 11, 2017
Foreigner investors own more than 40 percent of the $13.9 trillion US securities, and options for investing in public debt are expanding, report Liz McCormick and Brian Chappatta for Bloomberg. This comes at a time when the US Federal Reserve is reducing crisis-era investments in US bonds and the Trump administration plans to launch an infrastructure-spending program. “In overseas markets, more...

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