In The News

New Zealand Herald August 15, 2018
New Zealand’s Parliament passed a law prohibiting most non-resident foreigners from purchasing existing homes, with exceptions for those from Australia and possibly Singapore due to trade agreements. Supporters hope to reduce rising home prices and homelessness, but Mike Hosking, writing for the New Zealand Herald, calls it one of the government’s biggest mistakes due to a misunderstanding of...
August 8, 2018
As the intra-Maghreb rivalry continues unabated, Morocco cultivates ties with sub-Saharan neighbors. King Mohammed VI has visited 14 African nations since October 2016. A recent article for the Economist notes: “Like their king, Moroccan companies are also lavishing attention on west Africa. The African Development Bank estimates that 85% of Morocco’s outward foreign direct investment (FDI) goes...
Kim Bo-eun August 7, 2018
The United States, with the world’s largest military and economy, finds it challenging to encourage support among close allies for enforcing sanctions. The leaders of North Korea and the United States met in June to discuss initial steps on denuclearization. The US urges strict maintenance of North Korea sanctions until the country takes significant steps on denuclearization are made. South Korea...
George A. Lopez August 6, 2018
The United States withdrew from the Iran nuclear deal in May. US companies must show they are ending economic exchanges with Iran in a range of industries before the end of the year. The US president has also announced secondary sanctions that impose the “same restrictions on all economic entities outside the United States that continue economic engagement with Iran in prohibited trade or finance...
Borzou Daragahi July 30, 2018
Global demand for meat is on the rise and so is the long-distance trade in live farm animals. Horses, pigs, cows, sheep, donkeys, goats are raised in one part of the world with access to hay and other feed, then trucked or shipped to other countries for slaughter and processing. Long journeys and border delays are stressful. “Sometimes, the animals are left on the lorries for days, stuck inside...
Robert Leonard July 27, 2018
The United States is a major agricultural power, and about half of all US corn and soybeans are exported. China and other countries targeted with tariffs from the Trump administration immediately retaliated by targeting US agriculture products. “Indeed, the impact of his tariffs will probably be felt by family farms and the area for generations,” writes Robert Leonard in an opinion essay for the...
July 26, 2018
The World Trade Organization, long dependent on US trade policy, now struggles to intervene in the current trade war with China. The WTO is forced to remain a bystander as the United States blocks nominations to seats to the dispute settlement board even as the number of trade disputes rise. Another ongoing challenge is China’s distortion of trade through mercantilism, state-owned firms and...