The era of globalization saw the rationality of trade and its proliferation emphasized. Each participant could benefit from trading. The model was positive-sum. Such a framework facilitated peace between nations,…
In a recent speech, US Vice President JD Vance explained the failure of globalization in these terms: “The idea of globalization was that rich countries would move up the value…
Like the real economy, finance is disoriented by recent economic and political developments.Gold is at its highest, and long-term rates in Germany have risen as never before following the announcement…
Inflation stories are all different. While price increases are tending to normalize in the Eurozone and the United States, China is on the verge of becoming deflationary, and Japan, long…
The world that is emerging will not resemble the one collectively constructed until now. This integrated world had transparent borders and has lived.In this world, the dollar reigns because it…
The last few days have been marked by Trump’s procrastination on tariffs. One day he imposes very high tariffs on Canada and Mexico, lower ones on China, then he reverses…
Things have moved very quickly since Trump arrived in the White House just 6 weeks ago.But for Europe, what is changing? Three levels to consider.1- That of economic policy. The…
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