In The News

Chris Devonshire-Ellis August 15, 2019
The US delayed a round of tariffs scheduled for China September 1. “The simple truth is that China’s share of bilateral trade with Belt and Road Initiative (BRI) countries, coupled with increasing trade with ASEAN, is more than compensating for any US trade downturn,” explains Chris Devonshire-Ellis for China Briefing. China advises its firms to find substitute markets. Some market adjustments...
Greg Ip August 14, 2019
Major shifts in world systems can result in global downturns, argues Greg Ip for the Wall Street Journal. This was the case for the end of the era of cheap oil but not the advent of the internet. Increasing resistance to globalization and open markets fueled by nationalism and populism – and a general decline in diplomacy with Brexit, the US-China and South Korea-Japan trade wars, divisions in...
Michael Skapinker August 13, 2019
Businesses and societies depend on economic growth for jobs, investment and savings. Globalization – including the flow of images of personal behavior, cultural diversity and emphasis on healthy lifestyles – may be pushing the alcohol industry into decline with as much as half the world reporting not drinking at all for religious, cultural or economic reasons in 2018. Drinking alcohol starts...
August 8, 2019
Rising temperatures, linked to pressures on fertile soil, are putting world food security at risk, notes a special report on climate change and land by the UN Intergovernmental Panel on Climate Change. More than 100 authors reviewed research on land. The UN urges sustainable land use and limits on greenhouse gas emissions. Humans impact more than 70 percent of land’s ice-free surface, and about...
Somini Sengupta and Weiyi Cai August 6, 2019
About 25 percent of the world’s human population confronts severe water shortages. The Water Resources Institute reports that 17 nations are under extremely high water stress. Reasons for shortages vary including waste, pollution and excessive reliance on groundwater. “Climate change heightens the risk,” report Somini Sengupta and Weiyi Cai for the New York Times. “As rainfall becomes more...
Rajkumar Singh August 2, 2019
Women represent nearly half the world’s population yet confront inequities that include dowry requirements, female infanticide and sex-elected abortions as well as with health, poverty, education and domestic violence. Women should understand that globalization favors self-reliant and self-regulated economic enterprises, suggests Rajkumar Singh, a professor of political science. Securing human...
Yen Nee Lee July 31, 2019
Investors are alert to any signs of a global recession and decline in economic growth. A research and analytics unit under S&P Global suggests that companies that have skipped the crediting rating process in taking on debt could be signaling signs of troubles. Credit ratings provide an independent assessment on the ability to repay debt, and low interest rates and attempts by central banks to...