Foreign Policy Blogs

Trade & Economics

Markets Muted On Military Action in Libya

Markets Muted On Military Action in Libya

President Obama did what should always be done: namely, he used the sanction of International law by seeking a UN resolution to enforce a No-Fly Zone. By building MULTI-lateral support with all the stakeholders

read more

The Emergence of 'Bamboo Capitalism'

The Emergence of 'Bamboo Capitalism'

Continuing coverage on the Rise of State-sponsored Capitalism” href=”http://globaleconomy.foreignpolicyblogs.com/2009/05/09/the-rise-of-state-sponsored-capitalism/” target=”_blank”>I’ve written about frequently here in my Global Markets blog — namely the Chinese state’s spin on capitalism. Though there were many critics early on — and still are in many quarters — who argued that China’s state-managed version of capitalism was unsustainable, it seems the long-term sustainability of so-called ‘State Capitalism‘ has been proven, and is even gathering steam in unlikely places — India, Cuba, Vietnam and the Middle-East to name a few — with great success. It’s a trend that Western financial centers should be attuned to, nor should it be dismissed as the global financial architecture continues to evolve following the global financial crisis.

read more

Choose your Headline: A. WTO Rules Against the US. B. WTO Rules in Favor of China C. WTO Makes a Reasonably Sensible Ruling D. Showdown at the WTO: China 1, USA 0

Choose your Headline: A. WTO Rules Against the US. B. WTO Rules in Favor of China C. WTO Makes a Reasonably Sensible Ruling D. Showdown at the WTO: China 1, USA 0

The World Trade Organization announced the Appellate Body’s ruling on Friday, which essentially bars counties from imposing the “double dipping” duties in retaliation for dumping. The Appellate Body also affirmed that when a state had majority ownership of an enterprise this made it necessarily a “pubic body.” Long story short, While the US is not happy, both […]

read more

Links from Around the Web

Below are some interesting Global Trade related links: PRI’s The World: An Alternative to the Panama Canal – They’ve been talking about making these “dry canals” for years. Doesn’t seem to make a whole lot of sense, but neither did the Panama Canal. NYTimes: Maersk Line Orders 10 Container Ships With Options to Buy More – […]

read more

US Dollar's 'Safe Haven' Global Status at Risk

US Dollar's 'Safe Haven' Global Status at Risk

Long viewed as a safe investment in times of economic turmoil, the US dollar, also known as ‘Greenbacks,’ may be losing its safe haven appeal as it suffers strong downward pressures resulting from rising oil & commodity prices, high Federal budget deficits, soaring national debts and economic uncertainty in the aftermath of several financial crises.

read more

Rising Oil Prices Pose New Threat to Economic Recovery

Rising Oil Prices Pose New Threat to Economic Recovery

Rising oil & food prices, unrest in the Middle East, declining house prices and a slew of other variables threaten to hamper a fragile US economic recovery.

read more

German Bourse Acquires NYSE in $10Bn Deal

German Bourse Acquires NYSE in $10Bn Deal

Deutsche Börse AG, owners of the Frankfurt Stock Exchange, and exchange operator NYSE Euronext have agreed to a merger, creating the world’s largest trading platform as the exchange industry enters a period of global consolidation. The German Bourse will be the parent company, and the newly merged company will be incorporated in the Netherlands.

Under the terms of the deal, Deutsche Börse shareholders will own 60% of the newly merged company, with NYSE shareholders controlling 40%. One Deutsche Börse share will be exchanged for one share of the new company’s stock, while each share of NYSE Euronext will be swapped for 0.47 share of the new company stock.

read more

Unrest in Egypt Unsettles Global Markets

Unrest in Egypt Unsettles Global Markets

Investors have largely shrugged off several of these unexpected developments recently, including the sovereign debt crisis in Europe, but the situation in Egypt has the potential to cause more widespread uncertainty in Global Markets, especially if oil and other commodities keep surging or the unrest spreads to more countries in the Middle East.

read more

UPDATE: Egyptian Markets Tumble as Protest Fears Escalate

UPDATE: Egyptian Markets Tumble as Protest Fears Escalate

UPDATE: Violent protests continue to rock Egypt this week, with demonstrators demanding the ouster of the country’s longtime autocratic president, Hosni Mubarak. The tension increased today when Mohammed El-Baradei, a former top official at the UN’s nuclear watchdog agency and a high-profile Mubarak opponent, who had returned to Cairo in a bid to provide a […]

read more

Japans Sovereign Debt Downgraded, US Next

Japans Sovereign Debt Downgraded, US Next

Standard & Poor’s, a leading credit ratings agency downgraded Japan’s long-term sovereign debt Thursday, a sharp reminder of the heavy financial obligations plaguing one of the world’s largest economies.

read more

Davos 2011: World Economic Forum Begins

Davos 2011: World Economic Forum Begins

The 2011 annual gathering (Jan 26-30) of the World Economic Forum (WEF), which brings together hundreds of business, political, and finance movers & shakers from around the world, began today in Davos, Switzerland, a renowned winter ski resort for the wealthy and connected.

read more

Markets Rally on Obama SOTU Priorities

Trade, global economic competition, job growth, the Federal deficit, spending cuts, taxes, infrastructure investments and technology innovation were the focus of President Obama’s annual State of the Union address to a newly divided Congress last night.

read more

Prospects for the U.S. – South Korea FTA

Well, I was wrong, The U.S. and South Korea did manage to get a Free Trade Agreement signed last month. This one, of course, replaces the FTA signed by President Bush in 2007. This deal is very similar to that one except it is better for the auto industry and worse for the meat industry. […]

read more

Global Markets: 2010 Year in Review

Global Markets: 2010 Year in Review

Another year has sped by with more change and economic uncertainty throughout the global markets. From a journalist’s viewpoint, 2010 was filled with some of the most dynamic and complex economic trends and global market events possible. For instance, the Euro zone debt crisis, the global currency war, coverage of the international currency war – announced by Brazilian Finance Minister and precipitated by Ben Bernanke’s quantitative easing monetarist policy – the perils of high-frequency trading, and the burdensome economic impact of two-front warfare on the domestic agenda are just a few issues that led the Global Markets through a year of risk, volatility, turmoil and uncertainty.

read more

I'm Back!

President Obama appointed Bill Daley as White House Chief of Staff this week. I see this as a very positive development from a trade perspective as he has a history of being pro business and pro trade. I am hoping this will mean a new pushed on trade issues that have been all but ignored […]

read more

americasdiplomats_socialmediaasset