Exactly 20 years after they started, representatives from the European Union and Mercosur concluded negotiations on one of the biggest trade deals in history. The EU is the South American bloc’s first major trade partner, and the new agreement is the largest ever for both sides.
Trade-agreement negotiations between the EU and the four South American countries that comprise Mercosur have dragged on for 17 years, but they’ve taken on a new urgency due to US protectionist policies. The two sides aim to finalize an agreement by the end of the year.
Chinese President Xi Jinping’s speech this month to the World Economic Forum about the importance of globalization presented an unexpected and bizarre contrast to President Trump’s protectionist inaugural address. This post explains why some feel the US is in effect about to play the part of the 2003 Buffalo Bills to China’s 2003 New England Patriots.
India has long been derided for its dense labyrinth of laws and resistance to change. Its new government has passed sweeping new legislation aimed at making it easier for non-Indian companies and individuals to do business and invest in the country. We look at some of the most significant reforms.
This week we look at: Venezuela’s economic crisis; Lyft’s evolving global expansion strategy; and Larry, the UK’s Chief Mouser.
This week's Global Glance looks at how currency pegs work; why Nigeria abandoned the peg; and the success of the East African Community.
Welcome back to Global Glance. This week we look at: the lifting of the Iran sanctions and what it means for US businesses; India’s Jat protesters and caste system; and the G20 meeting in Shanghai.
By Dafydd Williams, Senior Director, Advisory services
In the world of global commerce, Australia is sitting pretty. It has the strong institutions and educated workforce of a European nation, the natural resources of the world’s sixth-largest country by landmass, and an English-speaking population to boot. And it has all of this within a stone’s throw of the high-growth economies of East and Southeast Asia.