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Mercantilism


Author: Brad Glosserman, University of Tama In May 2022, the National Diet of Japan passed its long-awaited economic security bill. The legislation reflects a growing concern about vulnerabilities created by extended supply chains, reliance on foreign sources of critical materials and the theft of intellectual property. This is the latest in a series of measures …

Karen refugees wait to cross the Moei River after regime airstrikes in March 2021. / The Irrawaddy By Ashley South July 11, 2022 Thailand has unique national security concerns compared to Myanmar. The State Administrative Council is not a credible or reliable security partner. Following the February 2021 coup, the Burmese junta …

OWhen Boris Johnson became Prime Minister, the conventional wisdom was that he was a populist and therefore would act as one. Johnson was seen as a British equivalent of Donald Trump – and all the other figures, movements and parties around the world who have been identified as “populists”. However, the concept of populism has …

ECONOMYNEXT – Sri Lanka’s five major state-owned enterprises lost 931 billion rupees in the first four months of 2022, according to official data, the collapse of a soft peg due to aggressive open market operations by the central bank contributing most of the losses. The Ceylon Petroleum Corporation lost 628 billion rupees, including 541 billion …

The BRICS leaders’ virtual summit in Beijing late last month brought a host of proposals to bolster the group’s economic and geopolitical clout. Russian President Vladimir Putin unveiled a plan for a new reserve currency based on a basket of currencies from the five members Brazil, Russia, India, China and South Africa, while promoting the …

ECONOMYNEXT – Inflation in Sri Lanka rose 54.6% in the 12 months to June 2022, with the central bank pushing up consumer prices in the capital Colombo by 12.8% in the month, according to official data. The Colombo Consumer Price Index, the most watched price indicator, rose to 220.2 points from 195.2 points a month …

If you think Asia-Pacific is the crucible in which the future of integrated global trade is being cooked, you are well behind the times. Everyone is in the Indo-Pacific these days. It sounds like a tediously pedantic distinction, perhaps an unnecessary change that the makers of Risk would do to the game board to justify …

In happier times, the G7 summits could be spoiled and ignored. The last carries the thrill of historical failure. The gathering in the Bavarian Alps confirms our worst fears about the decline of the West. The free world’s commitment to freedom has wavered. It now seems almost official that the West lacks the unity and …

The year is 1782. The American Revolution was coming to an end and Moravian Bethlehem found itself at the center of attention. Aristocratic officers of the French army, imbued with the spirit of the Enlightenment, had come to marvel at the marvelous city with its many industries. It seemed to them an idyllic community as …

Spheres of influence The news that Russia appears to be leading a discussion on a new reserve currency should perhaps not come as such a surprise. The speed with which Western nations and their allies sanctioned Russian foreign exchange reserves (freezing about half) undoubtedly shocked the Russian authorities. The Central Bank of Russia has indeed …

Author: Editorial board, ANU The internet once promised a world of seamless connectivity for anyone with access to a digital device. As connectivity costs fell, the workplace became mobile, and digitalization transformed industrial sectors, the digital developmentists’ laissez-faire agenda seemed to align with and promote democratic ideals. That was then. Today, even as cloud computing …

By Robert D Atkinson & Pradeep S Mehta A quarter of a century ago, the question was open as to which nation – India or China – would take the lead in advanced industrial production. China won. Between 1995 and 2018, Chinese production of high-tech industries grew six times faster than that of India. Nevertheless, …

Galaxy Digital’s CEO, electro-acoustic transducer Novogratz, struck a cautiously optimistic tone regarding this state of the cryptocurrency market, despite the most recent selloff at a recent conference. The cryptocurrency tycoon is confident that Ethereum, the biggest altcoin, is ready to hold the $1,000 level. Earlier today, Ether’s value crashed to $1,075 on the Bitstamp exchange, …

Although often more wishful thinking than unambiguous reality, American economic freedom was once a (classic) liberal model that many other governments around the world hoped to emulate or at least felt compelled to emulate. ‘offer excuses not to follow. Now, it seems, the situation is clearer: America is becoming a commanding model that European politicians …

Economic commentator Ruchir Sharma once said of India that it disappoints both optimists and pessimists. The jury is still out on the applicability of his beautiful pun on India. However, Sharma’s formulation fits perfectly with an international body – the World Trade Organization (WTO). The Geneva-based international trade body, created in 1995 as a successor …

ONE of the founders of Vote Leave has admitted that the UK should have stayed in the single market after Brexit to ‘avoid a lot of problems’. Lord Daniel Hannan, who was a Conservative MEP from 2009 to 2018 and played a leading role in the Brexit campaign, made the dramatic claim in a Telegraph …

India faces a difficult task: to show its commitment to developing the semiconductor industry. Industrial policies with capital can attract investment and potential bids, but supportive trade policies and a conducive business environment can ensure projects are completed and deliver results. In the long term, this approach may attract more international semiconductor companies. India can …

ECONOMYNEXT – External liabilities of Sri Lanka’s central bank exceeded its assets by US$4.0 billion or 1.2 trillion rupees as liquidity injections made to keep rates low triggered the worst currency crises in its history. history, according to official data. Net foreign assets, which were negative at US$3.65 billion in February 2022, increased by around …

The U.S.-led economic grouping of a dozen countries representing 40% of global GDP proposes to advance resilience, economic growth, competitiveness, and equity in member countries. However, some analysts see it as a way to counter China’s growing influence in the region. The U.S.-led economic grouping of a dozen countries representing 40% of global GDP proposes …

When German Chancellor Olaf Scholz addresses Davos luminaries on Thursday, we hope he has a keen sense of history. It was a former German chancellor, Adolf Hitler, who demanded the annexation of the Sudetenland, part of Czechoslovakia, in 1938. The land was ceded to him in a shameful Munich deal between Britain , France, Germany …

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I remember at school trading marbles for what was then called a “goen,” or larger marble, also known as a whopper. Due to the extreme vindictiveness of my parents, I have always been comparatively less provided with fewer marbles than any other child of mankind – a situation I have pointed out loudly, but to …

When the British began making inroads into Southeast Asia in the early 19th century establishing trading posts that would eventually become colonies, an enterprising community in Tamil Nadu sensed an opportunity. The region would experience a resurgence of economic activity and the community could make a fortune by financing it. His instinct paid off. Over …

A woman buys pineapples at a supermarket in Xuwen County, south China’s Guangdong Province, March 6, 2021. [Photo/IC] Citing the strict prevention and control measures of the COVID-19 pandemic, including the distribution of medical supplies and daily necessities, some people said China is returning to a planned economy. It’s ridiculous. People who equate anti-pandemic measures …

As citizens begin to see global warming as an existential threat, governments are being pressured to act, or at least seem to be acting. For the clothing industry, the European Union has taken the first step by announcing that all clothing sold on its territory must meet sustainability standards. “Everyone talks about the weather, but …

Over the past five years, most Americans have become familiar with what leading journalists and scholars have called the new era of “great power competition”: a reference to the increasingly complex and disturbing armed confrontation between the United States (and its allies), and China and Russia, the two main authoritarian powers. The alarming genocidal war …

By Dr. John C. Hulsman* Germany is a country that I have known well during the 10 years that I have lived there, in Berlin and in Bavaria. Despite the many remarkable virtues of its people, one characteristic deeply ingrained in the German collective psyche is one I cannot stand – schadenfreude. Although not directly …

By Manuel Tacanho* African politicians tend to blame foreign actors or external factors for domestic problems. This is not new and it is not unique to African politicians. Around the world, leaders and politicians do not miss an opportunity to blame national misfortunes on local or foreign scapegoats, thus protecting themselves from their own political …

A article by Robert Kuttner sparked a debate on US-China politics and politics. This piece is part of that debate; you can read the counterpoint here. Tobita Chow’s response invites me to take a closer look at US-China relations as a matter of political economy. How do we rebuild a socially more just economy in …

German Chancellor Olaf Scholz looks on before the start of the German federal government’s weekly cabinet meeting in Berlin on Wednesday. [EPA] Putin’s brutal invasion of Ukraine has sparked new soul-searching in the West. A number of commentators, most of whom write from the United States and the United Kingdom, have found their latest scapegoat: …

ECONOMYNEXT – Sri Lanka will soon ban open account imports in a bid to end demand for unofficial transfers made through Undiyal/Hawala gross settlement systems, Central Bank Governor Nandalal Weerasinghe has said. “We are seeing a significant volume of money flowing through the Hawala/Undiyal systems,” Governor Weerasinghe said. “Sometimes it’s for imports that aren’t essential.” …

ECONOMYNEXT – Sri Lanka has requested another US$1 billion credit from India for imports as well as a US$500 million loan for oil imports, Finance Minister Ali Sabry said while that the country is struggling with a broken floppy ankle that has triggered currency shortages. “The talks with India are very fruitful,” Finance Minister Ali …

The exterior of the Frank E. Moss U.S. Courthouse in Salt Lake City Friday morning. Work is underway to renovate the century-old building. (Carter Williams, KSL.com) Estimated reading time: 5-6 minutes Editor’s note: This article is part of a series reviewing the history of Utah and the United States for the history section of KSL.com. …

Human rights lawyer Mike Ozekhome has accused the ruling All Progressives Congress and President Major General Muhammadu Buhari (Ret’d) of corrupting national democracy by fixing the presidential nomination form of the gone to 100 million naira. He criticized the president, who he said decried the high cost of the form before it emerged for supporting …

Subsidies were important in the mercantilist period before the industrial revolution. The British paid bounties to increase corn exports in the late 17th century. During World War I, the US government subsidized oil producers to increase production, and in the late 1920s it subsidized farmers to control demand and supply. In India, subsidies protect …

Shiba Inu Token Engraving has reduced its current total supply. Over the past week, 2.41 billion SHIB tokens have been burned, reducing the total supply of the popular domestic dog cultivation token and making it even rarer. In constant time, a whale bought $20.7 million from SHIB. Following the drop in supply, the value of …

It has often been claimed that economics has a leaning towards capitalism, or as some socialists call it and what I personally prefer, “economics is bourgeois propaganda”. This means that it has an inherent tendency to promote the interests of the capitalist class. The first argument is that economics is by definition pro-capitalist since it …

After paying a certain amount in the form of deposits for 10 consecutive years under the universal pension scheme, from the age of 60 people will receive a pension on the accumulated deposits. The spouse of an eligible retiree will receive a pension benefit if the retiree dies at age 75. For all the latest …

Author: Xu Mingqi, CCIEE China is undoubtedly facing dramatic changes on the world stage. The United States is increasingly mobilizing resources and alliances in the Indo-Pacific region and increasing strategic competition to combat what it sees as a “growing threat from China.” The Biden administration has deviated from or abandoned nearly all of its predecessor’s …

The Stadhuis, or City Hall, built by Dutch settlers in the early 18th century, which now houses the Jakarta History Museum. Credit: Wikimedia Commons/J-lorentz Advertising If you go to almost any city in Java, you will come across a public square called alum-alum, a large open lawn that serves as a place for gathering and …

An unusual thing happened on Friday, when the National Party proactively released public information about the financial donations it had just received. The party said its former deputy leader, Paula Bennett, had just raised $1.8 million in donations from a handful of wealthy supporters. And she had raised the money in just three weeks. A …

When we go we will see good things coming from Brexit. Instead of all the nasty inconveniences? Please answer this question if you can. I can certainly answer this question. First, we don’t have Brexit properly yet. Brexit is the departure of the country from the EU into a single United Kingdom. The Prime Minister …

At dawn on September 7, 1780, a Scottish soldier by the name of Colonel William Baillie could be seen leading a column of 4,000 sepoys and a few hundred Highland Scots through flooded rice fields about 35 miles south of Madras. Baillie knew he was surrounded on all sides by Tipu Sultan’s troops, but he …

If we’ve learned anything in the past two years, it’s that the healthcare industrial complex (HIC) has far too much power and influence over public policy. Now we learn that some Republicans in Missouri are afraid to put them in their place. It is common knowledge that the pandemic policy the HIC has perpetrated on …

The astonishing underperformance of the Russian military in Ukraine has been attributed to a combination of Ukrainian heroism and low morale among Russian soldiers. Bill Browder points to a third explanation: corruption. “My estimate,” he said, “is that 80% of the military budget is stolen by Russian generals, because 80% of all budgets in Russia …

Syrian President Bashar al-Assad’s visit to the United Arab Emirates on March 18, where he was received by the country’s two most senior leaders, is a symbol of the new order in the Middle East. More than a decade after the Arab uprisings and against the backdrop of Russia’s war on Ukraine, the trip reflects …

David Hume also clarified that there can be no political freedom without economic freedom, as he truly believed and noted that “freedom of choice does not exist if there is no freedom to refuse”. By Anthony Kila Our Unforgettable today is David Hume, a perfect example of a thinker. His highly original thoughts have informed …

One night, while sleeping in her bedroom in the northwest corner of the west wing, she woke up and sat up in bed. She heard five footsteps at the foot of the bed and felt someone rub her back. As soon as it started, it stopped. Then the same thing happened again – five kicks …

Great wars have important consequences on the domestic and international politics of the combatant nations. The 1971 war between India and Pakistan, for example, not only liberated Bangladesh but also changed the balance of power between Delhi and Islamabad. In Pakistan, this produced a major effort – in the form of the 1973 constitution – …

The recent announcement of the budget for the successful divestment of Neelanchal Ispat Nigam Ltd (NINL) plant at ₹12,100 crore relieves MMTC Ltd, a state trading company which owns 49.7% stake in NINL. MMTC can now repay its huge debts and become a debt-free company. This, after being plagued by huge loans and negative cash …

Vladimir Putin’s brutal invasion of Ukraine was a seismic event for the world’s major democracies, bringing them together in a way that only a few weeks ago seemed unimaginable. A stronger and more unified NATO is an example of this, as is the impressive solidarity between a range of countries in implementing far-reaching sanctions and …

Yesterday, Commerce Secretary Gina Raimondo issued a stern warning that if China goes ahead with its plans for China to supply Russia with products blocked by Western sanctions, China could find itself in violation of those sanctions. penalties. But a close look at two Chinese bills destined for the House-Senate conference reveals alarming mixed signals. …

Three years before John Maynard Keynes published his Magnum Opus, “General theoryin 1933, two economists shared their views on the imperfections of competition in the free market. Coincidentally or not, Joan Robinson (an Englishwoman, wife of a professor who was never allowed to continue her studies in economics) and Edward Chamberlin (USA) have both published …

The 9.15 a.m. express service heads to Victoria Station. But it’s somewhere in the Indian Ocean, not central London. The resort sits on the waterfront of Port Louis, the capital of the small island state of Mauritius. Mauritius (MU) and Malta (MT) make excellent comparisons, on many fronts. English is an official language. Each is …

OPINION: If anyone has any doubts about the return of great power politics, Russia has demonstrated it with the ongoing invasion of Ukraine. Since the collapse of the Soviet Union in the early 1990s, there has mostly been a rules-based international order led by the United States. That is, a set of global standards, underpinned …

ECONOMYNEXT – Shocking details of how state-owned Ceylon Petroleum Corporation, which has no foreign exchange earnings to speak of, ended up with billions of US dollars in debt every time the central bank printed money to create currency shortages have now been revealed. Sri Lanka has long engaged in a practice of prohibiting the CPC …

ECONOMYNEXT – Sri Lanka is expected to table in parliament a national economic report from the International Monetary Fund to be submitted to the Washington-based lenders’ board on February 25, and propose a program to save the economy, the MP said. opposition Harsha de Silva. The IMF has prepared a country report as part of …

ECONOMYNEXT – Sri Lanka registered 2,300 SUVs and imported 10,000 tractors in 2021, data shows import controls prevented heavily taxed imports like cars and three-wheelers from entering the country. Sri Lanka has banned imports of most automobiles, including three-wheelers and motorbikes which bring large revenues to the state, as money printing increased from February 2021 …

ECONOMYNEXT – Ceylon Petroleum Corporation, a state-owned company in Sri Lanka, lost 83 billion rupees in 2021 and records a loss of 551 million rupees per day in February 2022 amid rising global oil prices and domestic taxes said Oil Minister Udaya Gammanpila. The CCP was now losing 551 million rupees a day, Minister Gammanpila …

Writer on environmental and social justice issues, Jeremy Williams is just the latest polemicist to claim that climate change and racism, “two of the greatest challenges of the 21st century”, are linked. In a BBC article, “Climate change divides along racial lines. Could addressing it help address long-standing injustices? he argues, white supremacists are behind …

When it comes to regulating tech monopolies, European and American policymakers are inconsistent. At recent bilateral summits, US officials have expressed concerns about a European “Nokia-Ericsson 5G duopoly” in telecommunications infrastructure. Their European counterparts argue – rightly, as we will show – that the dominance of Nordic telecoms is negligible compared to that of American …

ECONOMYNEXT – Sales of Sri Lanka’s foreign exchange reserves to commercial banks defend a 200 peg to the US dollar that soared to $736 million from September to November 2021, official data shows, forcing money to be printed to maintain a fixed interest rate. In November and December alone, $664 million of reserves were sold …

By Anthony Kila Our unforgettable today is Adam Smith. He died 232 years ago in 1790 at the age of 68 in Scotland where he was born. Many agree to describe him as the father of modern economics and he is undoubtedly the most quoted and referenced economist. Naturally, he was often misquoted and misrepresented …

A rules-based system may have increased the volume of trade, but not everyone has. The growing and diverse trade that has taken place across borders under the aegis of the World Trade Organization (WTO) since its inception in 1995 has been widely seen as desirable. Strict adherence to its fundamental principle of promoting free trade …

Skiing competitions held for the first time in Uludag February 5 is the 36th day of the year according to the Gregorian calendar. The number of days left before the end of the year is 329. Railways February 5, 1850 Beginning of the first railway construction activities in the Ottoman Empire. Olaylar 1869 – The …

US President Joe Biden leaves after speaking about Intel’s announcement to invest in an Ohio chip manufacturing plant, The White House, Washington, DC, January 21, 2022. /VCG US President Joe Biden leaves after speaking about Intel’s announcement to invest in an Ohio chip manufacturing plant, The White House, Washington, DC, January 21, 2022. /VCG Editor’s …

ECONOMYNEXT – Sri Lanka’s merchandise exports soared 24.17% to US$12.47 billion in 2021, official data shows, as the country is mired in the worst currency shortages in recent memory, dragged down by printed money to maintain fixed interest rates. “The hard work and commitment of industrialists along with the government’s decision to quickly vaccinate the …

ECONOMYNEXT – Sri Lanka’s import surge continued in November 2021 as capital goods rose 40% to US$433 million, central bank data showed, amid rising interest rates. low interest and sterilized foreign exchange interventions. The trade deficit narrowed for the third consecutive month as low rates and liquidity injections put pressure on a peg on which …

For years, Chinese and Pakistani leaders have described their relationship, forged by a shared rivalry with neighbor India, as “sweeter than honey”. But the Pakistani military’s view of relations with China appears to be deteriorating – and diverging from that of political leaders. Last month, after Prime Minister Imran Khan declined the Biden administration’s invitation …

(Photograph by Anna Moneymaker/Getty Images) It’s no secret that President Joe Biden’s foreign policy challenges are piling up at an alarming rate. In the past week alone, Russia has come close to a full-scale invasion of Ukraine (with some inept encouragement from Joe Biden), Yemen’s Iran-backed Houthis have expanded their war into the Persian Gulf …

ECONOMYNEXT – Sri Lanka’s imports are estimated to have soared to US$2.2 billion in December 2021, the central bank said amid sales of sterilized currencies to maintain a 6.0% policy rate as the inflation reached 12.1%. The central bank said imports in December 2021 are expected to have reached $2.2 billion, compared to $1.7 billion …

ECONOMYNEXT – Sri Lanka’s imports soared to US$21.6 billion in 2021 amid what is commonly referred to as a “currency shortage”, the highest since the year of money printing in 2018, according to provisional data in the public domain. Central Bank Governor Nivard Cabraal in a post on Twitter.com said 2021 imports are estimated at …

“Yesterday is a foreign country – tomorrow is ours,” said Thabo Mbeki, former president of South Africa, in 1998. Never has that been truer than for 2020 and 2021, which have seen transformational events in worldwide. And nowhere more so than in the geopolitics of the Indo-Pacific, which is evolving at many speeds and levels. …

WASHINGTON DC. – Today, US Senator Rand Paul (R-KY) spoke in the Senate to oppose proposed sanctions against the Nord Stream II gas pipeline. Below are Dr. Paul’s remarks as prepared: “Sanction this. Sanction that. The Treasury Department currently administers dozens of sanctions programs designed to change the behavior of certain countries. “And yet no …

For decades, Taiwan followed a fine line that broadly suited everyone: not to be part of mainland China, nor to officially declare independence. The People’s Republic of China could maintain its claims on it. Yet Taiwan was free to develop as a vibrant liberal democracy and a modern economy. And the democratic world was able …

A shrewd strategist knows how to juggle ends, means and ways. The outcome of Nepal’s unification campaign demonstrates that King Prithvi Narayan Shah was a seasoned military leader and seasoned strategist. He had a clear “end” in mind and, more importantly, the king had the insight to use the means available to achieve well-defined political …

Two weeks ago I set some markers – not predictions – for the New Year. I would now like to explore some specific issues that will affect Seattle and Washington. Amazon. The city and state’s largest employer faces many challenges beyond the dislike of Seattle City Council. With founder Jeff Bezos stepping down to focus …

OPINION: When I moved to Washington in the late 1980s to begin a 30-year career in the US government, the world was different. North Korea did not have a nuclear weapon and Iran had no intention of acquiring one. India and Pakistan had not yet carried out nuclear tests. The Soviet Union was in the …

ALEX BRUMMER: By turning its back on political and economic freedoms, China risks cutting itself off from Western investment and trade The flaws in China’s approach to capitalism are there for everyone to see There is no more powerful symbol of the crumbling of Chinese capitalism than Evergrande China rejects “Too Big to Fail” position …

President Donald Trump and First Lady Melania Trump board Air Force One from Andrews Air Force Base in Md. On Wednesday, January 20, 2021. (AP Photo / Manuel Balce Ceneta) Manuel Balce Ceneta Free market evangelist FA Hayek believed that unfettered capitalism is the absolute best business model. Throughout history, nations have prospered during periods …

The terms of trade, the ratio of export prices and import prices turned in Sri Lanka’s favor in October after remaining in unfavorable territory for many months, reflecting that ultimately merchandise exports reach higher prices in line with the boom observed for nearly a year in the world prices of raw materials. Mirror Business has …

Do you remember Armand Hammer? If you are over 50, you can. Hammer was a business tycoon who died in 1990. He was best known for his deals with the Soviet Union. Hammer would make trade deals directly with the Kremlin. It was unusual; most American companies have had very little connection with the United …

ECONOMYNEXT – Sri Lanka’s imports increased 24.3% from the previous year to reach US $ 1,693 million in October 2021, despite trade controls, amid a recovery in private credit and exports, according to official data. Exports rose 40.4% to $ 1.2 billion, a trade deficit of $ 495 million, from $ 509 million a year …

China is going through an economic crisis in slow motion that could undermine the stability of the current regime and have serious negative consequences for the world economy. Despite the many warning signs, Western analysts and policymakers are optimistic that Xi Jinping is up to the task of handling the crisis. Such optimism is misplaced. …

It has been said of modern / contemporary art that sometimes the strongest feeling it produces is the suspicion you have. With the art of Maud Lewis, it’s the opposite. The suspicion is that she was had – perhaps, on purpose. Even after she rose to fame for her distinctive folk art in the 1960s, …

ECONOMYNEXT – The U.S. Federal Reserve has said it will continue to print money, albeit at a lower rate, despite inflating a rating to 40-year highs and more than triple its target rate of ‘by November 2021, as mainstream economists warned earlier this year. The Fed triggered a global commodities bubble which led to high …

The world’s human population increased dramatically in the 20th century, from 1.6 billion in 1900 to 6.1 billion in 2000. As it grew, the population began to be responsible for some of the most common problems. most urgent and intractable in the world, from poverty to geopolitical instability to climate. cash. But how did the …

ECONOMYNEXT – The Denmark-based LEGO Group will build a billion USD factory in Vietnam employing 4,000 workers when fully operational, and is expected to begin production in 2024. The plant will be located on a 44-acre site in Vietnam Singapore Viet Nam Singapore Industrial Park Joint Venture Company Limited (VSIP) in Binh Duong Province about …

The United States (US) and China are vying for technological dominance. America has long been at the forefront of the development of technologies (bio, nano, information) which are at the heart of economic growth in the 21st century. Additionally, US research universities dominate higher education globally. In the annual academic ranking of world universities of …

The invitation was for a 10 am meeting with Bobi Tiglao on Wednesday in, the text message said, “Taal Vista Lodge”. It turns out that Waze traced this location not to Tagaytay as intended, but to an area on the outskirts of town actually ringing Nasugbu, Batangas. So, as I reached Tagaytay a good 30 …

At the stroke of midnight on Tuesday, the Republic of Barbados was born. The Caribbean island nation, 55 years after independence, got rid of the vestiges of colonial rule by separating from Great Britain – Queen Elizabeth is no longer the Head of State. In a sense, being part of the British Empire – as …

President Biden returned from his summit with Chinese President Xi Jinping on Nov. 15 pledged to continue what he called “straightforward competition” with China. Yet Beijing is already beating the United States and its allies in one crucial area: data. Data is the oil of the 21st century, the indispensable resource that will fuel artificial …

Profiling of a group, sometimes nationalist and sometimes outward-looking, but only invested in science, technology and philanthropy “Business history is inextricably linked with human history, and business historians should aim to understand the interplay between the actions of individual companies and changes in society as a whole. “ This exhortation to business historians which appears …

Rarely has a German leader come to power with so many searing crises. When Olaf Scholz is sworn in as Chancellor in early December, he will have to deal with an outbreak of pandemic, tensions on the Polish-Belarusian border, a Russian president mobilizing troops near Ukraine, a more confrontational China and the United States. United …

Free trade between nations is not much different from specializing in our continental economy – California in high tech and New York in finance. Nations increase their productivity by focusing on what they do best. Trade agreements dating back to the Reciprocal Trade Agreement Act (1934) increase the annual growth of the United States by …

APEC EDITORIAL: What are these great global talkfests actually achieving? And do they still succeed if instead of a year of face-to-face meetings and interactions, they all happen through Zoom? Turns out, even with a pandemic, they do. APEC is a conference like no other. Born out of an enthusiasm for trade liberalization at the …

ECONOMYNEXT – Sri Lanka’s exports in October 2021 hit an all-time high of US $ 1,160 million, up 35% from the previous year, data from the Export Promotion Office showed as shortages currencies worsened amid money printing. Clothing exports increased 42.8% to $ 509 million, exports of rubber products increased 14.5% to $ 91.9 million, …

The United States sank into cold wars with Russia and China characterized by military struggle and economic competition. To meet these challenges, President Joe Biden envisions a community of democracies and increased cooperation with Europe and the Quad (the United States, Japan, India and Australia.) However, every member, especially India and Germany, faces challenges that …

Intelligencemarketreport.com adds “World Public Cloud Non-Relational Databases / NoSQL Databases Market report 2021-2027 “ to its research database. The new research includes the latest trends, size and share, growth, opportunities, SWOT analysis and many more updates. The studies offer in-depth market research specializing in multiple regions that include drivers, restraints, opportunities, and threats. These facts …

When Veena Muthuraman’s novel The Grand Anicut opens, it focuses its lens on minor figures – a girl and a boy diving into pearls in the Gulf of Mannar during the 1st century AD. The siblings witness something unusual: a large ship from Rome has entered the waters of Tamilakam. This deceptively beautiful opening, in …

November 16 I Day one Introduction, Trade Policy Overview and Foreign Investment Reviews8:30 am – 9:45 am PSTClick here to register for this session. • Biden Administration Trade Policy Update: Year One Developments and Prospects• Global trade outlook: WTO structure in jeopardy? • Foreign investment review (US, UK, EU and China): the new mercantilism? Presenters: …

In America, 10% of the population controls half of the wealth. Businesses grow to huge sizes, destroying competition from small businesses. Capitalism is doing something dangerous for our market economy. The debate around capitalism is certainly banal. However, I want to defend the market economy and erase its name from the capitalists who falsely praise …

People often ask me if the West Virginia legislature will ban the teaching of Critical Race Theory (CRT) in our public schools. May be. CRT is not currently taught, and has not been taught, in public elementary or secondary schools in West Virginia or any other state. I doubt that any state is considering doing …

Human ingenuity has created an integrated global economy, weapons of mass destruction and threats to the biosphere on which we rely. Yet human nature remains that of an instinctively tribal primate. This contradiction becomes more prominent than before, as the interdependence deepens and the rivalry between the superpowers intensifies. This raises a sobering question: is …

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ECONMYNEXT – Sri Lanka’s inflation in the 12 months leading up to October 2021 jumped to 7.8%, the highest since October 2017, data showed amid domestic and US monetary policy corruption. Colombo’s widely watched consumer price index jumped 1.9% in October to 146.9 points as some foods that were kept under price control underestimating inflation …

The island of Borneo lies more than 1,000 miles south of mainland China across a vast expanse of sea. This distance, however, has not stopped the People’s Republic from treating Borneo as its own backyard. The three countries that share the island – Indonesia, Malaysia and Brunei – now find themselves on the side of …

ECONOMYNEXT – Sri Lanka can emerge from the current economic crisis with good policies targeting the long term rather than ad hoc policy measures, said opposition lawmaker Mayantha Dissanayake. Sri Lanka’s precarious economic situation has created great uncertainty for entrepreneurs and businesses in the country. The loss of government revenue and the sharp increase in …

The two biggest European powers closed their doors at a crucial time Emmanuel Macron welcomes Angela Merkel to the Elysee Palace in Paris, France, September 16, 2021. (Reuters) Not so long ago, an archaeologist friend of mine and I came to a striking conclusion: we have done our intellectual work entirely upside down. He, having …

Bank of England: an expert analyzes the forecasts for the British economy Last week, Bank of England Governor Andrew Bailey hinted at the idea of ​​raising interest rates for the first time since the start of the COVID-19 pandemic. The numbers before the news looked promising, with the UK proudly boasting the strongest growth in …