In The News

Jack Nicas January 28, 2019
Companies from around the world contribute parts for complex products like the Apple iPhone. China is the center for the supply chains, with teams orchestrating delivery of thousands of parts, some requiring custom work. Such a supply-chain infrastructure prevents fast relocation of assembly operations other nations. Donald Trump, early in his presidency, questioned why Apple and other computer...
January 20, 2019
As of January 1, Qatar is no longer a member of OPEC. Qatar, the first Arab state to join OPEC after its creation in 1960, is now the first Arab state to withdraw from the oil cartel. According to Qatar’s Minister of Energy Saas al-Kaabi, the decision was made to “focus efforts” on natural gas production. Although the Gulf nation is the world’s largest exporter of liquified gas, it is a minor...
January 17, 2019
Cooperation on complex trade, financial and security relationships requires compromise. Brexit’s most vehement supporters did not realize that leaving the European Union would still require compromise. Britain, as one member among 28 nations and representing about 16 percent of the European Union’s total GDP, lacks leverage. Agreement of all EU members is required for any deal. The British...
Andrew Sparrow January 15, 2019
The United Kingdom scrambles on what to do next after Parliament soundly rejected Prime Minister Theresa May’s Brexit plan. After a campaign of misleading information and interference by foreign interests, British voters narrowly approved exit from the European Union in June 2016. Numerous trade, security and immigration agreements formed over the course of decades have long guided British...
Paul Rawlinson January 8, 2019
Trade tensions run high, led in no small part by the US-China trade spat, Brexit negotiations and the need for World Trade Organization reforms. “Without agreed legal frameworks, the default becomes ‘might is right,’ where the most powerful countries leverage their positions to favour themselves over others,” explains Paul Rawlinson for the European Sting. “The unforeseen return of mercantilism...
John A. Mathews January 2, 2019
China’s Belt and Road global investment strategy is financing more than $1 trillion in infrastructure development in more than 70 nations. The initiative, global in scope, is a response to the US “pivot to Asia” announced under the Obama administration, “carefully and astutely crafted to take advantage of moves by the US as the current hegemon,” explains John A. Matthews for the Asia-Pacific...
David Mahon December 31, 2018
As the US-China trade war continues, small nations expected to take sides will suffer economic losses. Countries, struggling to avoid coercion, must assess their relationships and values. Some like New Zealand will turn to other excuses, suggests David Mahon in an opinion essay for Caixin, but the trade war is the impetus. He points out that for New Zealand and more than 40 other nations, China...