In The News

Adam Behsudi March 15, 2017
The global supply chain benefits form elasticity. If one country does not supply a product, then buyers quickly search for substitutes. After the United States stepped back from the Trans-Pacific Partnership, countries like New Zealand, Australia and Canada continue to meet to negotiate a deal and fill the vacuum. “New Zealand seizes the opportunity to send more of its milk and cheese to China,”...
Alastair Macdonald March 14, 2017
Companies have great control over the appearance of their employees, and the EU’s Court of Justice has ruled that employers can ban religious and political symbols if “in pursuit of legitimate business interests” and if “a broad dress code for all customer-facing staff” is applied “to project an image of political and religious neutrality,” reports Alastair Macdonald for Reuters. The court...
Anthony Fensom March 14, 2017
South Korea’s president was removed from office, and so far the country’s economy and markets are left unfazed. South Korea’s first female president had promised strong economic growth, with a rise in per-capita income, as well as increased tax breaks to encourage investment. Instead, “Exports shrank for two straight years through 2016 and may be further damaged by deteriorating relations with...
Fran Wang and Pan Che March 13, 2017
Political rhetoric blasting global trade from the United States and other countries may slow economic growth in the world’s second largest economy. “China recorded its first trade deficit in three years last month as imports surged on soaring commodity prices while exports declined, likely adding uncertainty to the country’s growth prospects,” reports a team from Caixin. “The surprisingly robust...
Maximilian Popp March 13, 2017
Politicians find it useful to stir up nationalism and anger inside their own country and outside prior to elections. “Turkish voters are slated to cast ballots on April 16 on the introduction of a presidential system that would transfer virtually all power in the country to the president,” explains Maximilian Popp. “But Erdogan has had a tough time persuading voters of the need for these reforms...
Wim Muller March 10, 2017
By joining the World Trade Organization in 2001, China agreed to dispute settlement processes and compulsory adjudication. “While in other areas, most notoriously the law of the sea, China has been reluctant to accept the decision-making power of international courts and tribunals, its WTO practice has shown that China can accept the jurisdiction of an international judicial body, accept its...
Alexandra Topping and Molly Redden March 9, 2017
Women in more than 50 nations celebrated International Women’s Day by donning red or black, going on strike from work or school, donating to programs that support women’s issues, meeting for discussions about women’s issues, or patronizing businesses owned by women. “From Thailand to Poland, the United States to Australia, the first International Women’s Strike will see action on both the...

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