In The News

Michael Crowley and Lara Jakes October 24, 2019
The price may be heavy for the US abandoning Kurdish allies and its role in stabilizing territory in northeast Syria – delegating security to Russia and Turkey. Turkey’s president advised the US president about its plans to invade northern Syria on Oct 6, and Trump ordered US troop withdrawal. Not waiting for the US troops to exit, Turkey made its move October 9, touting plans to create a buffer...
Neil Shearing October 24, 2019
Globalization and increased connections through trade, travel, education and more has shaped the world in recent decades, reducing interest rates, costs and inflation. “The integration of several billion workers into the global economy has pushed down labor’s share of income and pushed up the share flowing to company profits,” explains Neil Shearing for Barron’s. “The latter has provided an...
Kennedy McKee-Braide October 23, 2019
Students question the wisdom of closets and drawers packed full of low-cost unusual clothing worn a few times. Consumers purchase more clothing than necessary, and so-called “fast fashion” has financial and environmental consequences. “Over the last five years in the fashion industry, an area dominated by gratuitous marketing, social media, and online shopping, consumers have increasingly...
October 23, 2019
Uncertainty over Brexit continues. The British parliament took a step toward Brexit, approving a withdrawal agreement, but declines to hurry, rejecting a three-day timeline as proposed by the prime minister. A few days earlier, parliament forced the government to seek an extension to ensure a deal is in place before the UK leaves the European Union. Boris Johnson still wants the UK to leave by...
October 22, 2019
Rising energy costs lead to consternation in emerging economies, especially net importers of oil as well as the many that rely on fuel subsidies. A proposed hike in subway fares by Chile's President Sebastián Piñera prompted protests that led to protests, clashes with security forces – leading to more than 300 arrests and three deaths. “The protest by students began on Monday when hundreds...
Tamara Qiblawi October 22, 2019
Thousands have turned out throughout Lebanon to protest an economy in decline. About 30 percent of the population lives below the poverty line, and 30 percent of the people are also refugees. Public debt is high and young adults are abandoning the stagnant economy. The government has passed austerity measures, and fury erupted after a tax was proposed on voice over internet protocol calls on...
Tonda MacCharles October 22, 2019
Justin Trudeau will continue on as Canada’s prime minister but without winning a majority in the 338-seat Commons, he will be forced to negotiate with other parties. Preliminary results showed he was 13 seats short. Conservatives won the overall popular vote, defeating some high-profile ministers. “The overall result reflected voter ambivalence toward the two major federal parties, which had been...