Concerns about global trade have reached nearly ten times the peaks seen in previous decades and could shave about 0.75 percentage point off world economic growth this year, according to data compiled by the International Monetary Fund. The Americas an…
Surging trade uncertainties about ten times previous peaks – IMF Read More »
This post China: Paper Tiger appeared first on Daily Reckoning.
China’s shock currency devaluation last week begs the following questions: Is China a rising giant of the twenty-first century poised to overtake the United States in wealth and military prowess?
The post China: Paper Tiger appeared first on Daily Reckoning.
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This post Why China’s a Paper Tiger appeared first on Daily Reckoning.
Markets are still digesting last week’s Chinese devaluation that sent the Dow crashing over 700 points last Monday. And as everyone knows by now, the Trump administration labelled China a currency manipulator. The ironic part of it is that China has been manipulating its currency to strengthen it against the dollar. Here’s the dynamic you […]
The post Why China’s a Paper Tiger appeared first on Daily Reckoning.
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African countries have joined the list of nations wanting an end to a US veto on judicial appointments at the World Trade Organization (WTO), a statement showed on Wednesday, meaning a large majority of WTO member States now openly oppose the US positi…
African nations join majority in opposing US blockage at WTO Read More »
The Australian resources sector has welcomed the Productivity Commission’s Trade and Assistance Review for 2017/18, saying it exploded the myth that the resources industry was subsidised.
The Productivity Commission estimates that the effective rate o…
The World Trade Organization (WTO) slashed its global trade growth projection for 2019 to the lowest level in three years, citing the impact of rising commercial tensions and tariffs. World merchandise trade growth will slow to 2.6% this year and 3% ne…
Tariff war will hammer global trade growth this year, WTO says Read More »
This post Why You Should Trade Like You’re on a Diet appeared first on Daily Reckoning.
As a lot of people like to point out, weight loss simply boils down to fewer calories coming in than you’re burning off. That’s exactly what Dad accomplished. Really, all he had to do was stick with the system and some degree of success was practically inevitable! It’s the same basic thing with wealth building.
The post Why You Should Trade Like You’re on a Diet appeared first on Daily Reckoning.
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The signing of an Australia-Indonesia free trade agreement has won praise from the Minerals Council of Australia, with CEO Tania Constable saying that it will deliver expanded trade and business opportunities between the two neighbours.
The Indonesia-…
Australian miners praise Indonesia trade deal Read More »
