In The News

Gulrez Shah Azhar August 17, 2017
Severe weather threatens livelihoods and increases despair. A study from University of California, Berkeley, connects rising temperatures with suicides among Indian farmers. Other studies demonstrate that aggression increases with hot temperatures. “As global temperatures rise and droughts become more common, political agitation, social unrest, and even violence will likely follow,” explains...
Jonathan Gregson August 5, 2017
After years of stagnation, international trade growth is anticipated at 4 percent this year. “Many factors could explain what appears to be a secular decline in global trade: lower levels of business confidence and investment; demand cycles and their impact on commodity prices; the maturing of global value chains, which have in turn triggered structural changes in the composition of cross-border...
Michael Spence August 4, 2017
A disconnect between political dysfunction and strong economies is disconcerting. Michael Spence, Nobel laureate in economics, suggests the global economy may not be reaching its full potential. “Leaders in Europe, as well as in a number of emerging economies, have now concluded that both the UK and the US are unpredictable and unreliable allies and trading partners,” explains Spence. “Asia, with...
August 3, 2017
As the old saying goes, everyone pays the cost of crime. Costs include direct losses and indirect regulations. The Economist explains that banks are “lending less and shedding customers” due to “strict new rules on capital and liquidity” and avoiding high-risk customers and sectors. Poorest nations are most affected. “Banks in Africa, eastern Europe, Latin America and the Caribbean have been...
Chris Mooney July 26, 2017
Despite warnings from numerous scientists over the course of several decades, many people remain uncertain about climate change and the human role. A team of scientists has revised the estimate of carbon dioxide emissions that can enter the atmosphere before the planet exceeds a 2-degree Celsius rise in temperatures. “Many analyses have taken the late 19th century as the starting point, but the...
Loni Prinsloo July 25, 2017
The Chinese company Huawei, the world’s largest maker of telecom equipment, has partnered “with British money-transfer operator WorldRemit Ltd” in order to “tap into growing demand for money transfers from Africans living abroad using mobile-payments services,” reports Loni Prinsloo for Bloomberg. At approximately $36 billion, remittances are a key component of the sub-Saharan African economy,...
Peng Qinqin and Leng Cheng July 21, 2017
China’s outbound foreign investments are shrinking as the government tries to rein in debt and encourage “rational” investments, report Peng Qinqin and Leng Cheng for Caixin. For the first six months of this year, they note that China’s nonfinancial outbound investment plunged by nearly half from the previous year to $48.19 billion, adding that scrutiny is applied to “deals in real estate, hotels...

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