Tag: economic

Global stocks and oil extend gains over hopes of economic recovery

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Global stocks and oil extend gains over hopes of economic recovery

World stocks and oil prices have surged, hopes for a rapid global economic recovery from the coronavirus pandemic and continued support from central banks have helped offset increased geopolitical risks. On Wednesday, at the start of the session in Asia-Pacific, the Japanese benchmark Topix rose 0.6%, the Hang Seng in Hong Kong by 1.2% and ….  Read More

After the economic and health wars, the United States dragged China into a currency war

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After the economic and health wars, the United States dragged China into a currency war

(Agence Ecofin) – After the economic and health wars, the United States of America (USA) seems to want to lead China to a new front, namely that of the monetary battle. Few people have seen the passing of the fact that the Federal Reserve Bank (FED), the institution that acts as the central bank of ….  Read More

America must step up to maintain economic power

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America must step up to maintain economic power

The author is the managing director of Bridgewater Associates. These themes are explored in more detail in Texas National Security Review The coronavirus crisis has wreaked havoc on American society and its economy, and heightens long-standing concerns about the future of the country. Policy makers were faced with similar conditions when I was Under Secretary ….  Read More

Suspension of China's meat imports recalls Beijing's ability to inflict economic hardship

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Suspension of China’s meat imports recalls Beijing’s ability to inflict economic hardship

China’s sudden announcement to suspend imports from four Australian slaughterhouses has sparked unease through the federal government. But it was probably not a shock. Australian officials and politicians hoping for an explanation were treated to a predictable play by Zhao Lijian, the famous combative spokesperson for the Chinese Foreign Ministry. Australian abattoirs have been responsible ….  Read More

Indonesia - Australia: Full Economic Partnership Agreement in force in July

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Indonesia – Australia: Full Economic Partnership Agreement in force in July

The Indonesia-Australia Full Economic Partnership Agreement (IA-CEPA) will officially enter into force in the second half of this year, after the Indonesian parliament completes the national approval process in late 2020. >> Indonesia and Australia to sign free trade agreement Australian Minister for Commerce Simon Birmingham. Photo: CTV / CVN The Office of Australian Trade ….  Read More