Economics & Global Affairs

918 Items

President Donald Trump Visits the American Cemetery of Suresnes, Outside Paris

NBC News

Analysis & Opinions - Los Angeles Times

Trump, Stung by Midterms and Nervous About Mueller, Retreats From Traditional Presidential Duties

| Nov. 13, 2018

For weeks this fall, an ebullient President Trump traveled relentlessly to hold raise-the-rafters campaign rallies — sometimes three a day — in states where his presence was likely to help Republicans on the ballot.

But his mood apparently has changed as he has taken measure of the electoral backlash that voters delivered Nov. 6. With the certainty that the incoming Democratic House majority will go after his tax returns and investigate his actions, and the likelihood of additional indictments by special counsel Robert S. Mueller III, Trump has retreated into a cocoon of bitterness and resentment, according to multiple administration sources.

Former Prime Minister of Senegal Aminata Touré and Ambassador Nicholas Burns

Harvard Kennedy School

Analysis & Opinions

Africa Doesn't Fully Take Advantage of its Resources Because of its Leaders

| Oct. 30, 2018

On her visit to the Harvard Kennedy School, Aminata Touré spoke with Faculty Chair of the Future of Diplomacy Project, Nicholas Burns. Their conversation was published on Harvard's website - in which the former Prime Minister stated that Africa is not getting enough from its resources due to its leaders

In this photo taken on August 25, 2010, a bank clerk counts Chinese 100 Yuan notes in Shanghai. 

AP Photo/Eugene Hoshiko

Analysis & Opinions - The Wall Street Journal

Currency Manipulation Isn’t Among China’s Trade Sins

| Oct. 15, 2018

The Trump administration is railing against Chinese currency manipulation without any regard for the yuan’s actual ups and downs. Yes, the numbers superficially back Treasury Secretary Steven Mnuchin’s warnings: The yuan has dropped about 10% against the dollar since mid-April, effectively offsetting the impact of U.S. tariffs on Chinese goods. But this doesn’t prove that China is defying the laws of market economics. In fact, Beijing is doing precisely the opposite.

Sovereign Venture Capitalism: At a Crossroad

StockSnap/Pixabay

Analysis & Opinions - The Economist

Sovereign Venture Capitalism: At a Crossroad

| Oct. 03, 2018

What the Iron Man-like character is claiming for his futuristic automotive company is not unheard of. On a systemic basis, mammoth institutional investment—especially from sovereign wealth funds (SWFs)—is flowing into start-ups and technology-oriented publicly traded companies. In this case, Saudi billions would help Mr Musk escape the pressures of being publicly listed. SWFs have invested large sums into high-growth start-ups promising innovation and financial returns. In fact, just this month, Saudi’s Public Investment Fund (PIF) announced a US$1bn investment in Tesla’s rival, Lucid, and a US$2bn stake in Tesla. The rise in SWF balance sheets and activity is having ramifications on global efforts to be more Silicon Valley-like, and on Silicon Valley itself.

President Donald Trump at a 2015 campaign rally

CNN

Analysis & Opinions - The New York Times

Foreigners’ Views of America Dim Under Trump, Poll Shows

    Author:
  • Gardiner Harris
| Oct. 01, 2018

WASHINGTON — The image of the United States around the world has fallen substantially since Donald J. Trump became president, according to a poll of foreigners in 25 countries that was released on Monday. The drop has been particularly steep in parts of Europe and Latin America, according to the survey of 26,112 respondents by the Pew Research Center, an independent survey and research group, that was conducted between May 20 and Aug. 12.

Iran Tehran Bazaar

Wikicommons

Analysis & Opinions - Foreign Affairs

Yes, Iran’s Economy Is Suffering—But It’s Not All About the U.S.

| Sep. 25, 2018

Although U.S. President Donald Trump has hurt the Iranian economy, the unexpected depth of the rial’s decline owes less to U.S. policy than to poor decision-making in Tehran and structural weaknesses in Iran’s economy. A proper understanding of the factors that deepened the crisis suggests that the country’s acute hardships may ease or disappear as Iran adjusts to the new situation. Iran’s foreign exchange market needs to be understood on its own terms in order to avoid the common mistake of equating the fall of the rial in the free market with economic collapse, rising poverty, and increasing protests that can weaken the regime.