How do political alliances influence trade and welfare in Europe and other major global economies? Karen Jackson and Oleksandr Shepotylo write that the accession of new NATO members will bring economic benefits for Europe, while the US leaving NATO or a deepening of the Shanghai Cooperation Organisation would bring negative trade and welfare effects. Political alliances like … Read more
Farmers protesting against the EU-Mercosur Trade Agreement in Brussels, November 13, 2024. YVES HERMAN / REUTERS French farmers threaten nationwide protests as Prime Minister Michel Barnier heads to Brussels to plead his country’s case: The possibility that a trade agreement between the European Union and Mercosur might soon be signed has been creating political turmoil … Read more
President Xi Jinping is expected to inaugurate Chancay port when he visits Peru next week. The Chinese-funded megaport may reshape Pacific trade, but has also made the United States uneasy. In the first of a two-part series, Igor Patrick looks at the history of the project, its impact on global trade and the social costs … Read more
What will Donald Trump’s election as US President mean for trade? Robert Basedow writes that if the new administration stays true to its word, US trade policies will usher in a period of great instability in global economic governance and will have important implications for both the EU and the UK. On 6 November, Donald … Read more
Allianz Trade warns of surge in global business insolvencies | Insurance Business America Insurance News Allianz Trade warns of surge in global business insolvencies Report unveils factors behind forecast revisions Insurance News By Roxanne Libatique Allianz Trade has revised its projections for global business insolvencies, forecasting an 11% rise in 2024, followed by an additional … Read more