Ivan Farias Pelcastre and Hera Jabeen | Since the start of diplomatic relations in 1944, and until very recently, economic and political links between Canada and Mexico were limited. Now to effectively progress with the NAFTA renegotiations, Canada or Mexico can recalibrate their trade and make concessions to the US process.
The relationship between geopolitics and economic variables is a recurrent theme in the media. And not just in the media: economists are increasingly more aware of the importance of analysing geopolitical risks to complete an accurate exercise on the economic outlook.
Women have rallied around the world for gender equality and against violence on International Women’s Day celebrated in current week. Citi analysts Tina M Fordham and the independent political commentator Peter Kellner have wondered if this movement will last and can mean a sufficient momentum to bring about a “tipping point”.
Zhang Yu and Lin Jinbing via Caixin | China’s first “Belt and Road” asset-backed security (ABS) has won approval from the Shanghai Stock Exchange in a sign of support for China’s ambitious international investment and trade initiative.
US president Donald Trump is continuing along the path towards protectionism, positioning himself to take advantage of more beneficial trade conditions for the leading global economy.
By issuing digital money, the central banks could provide an answer for the substitution of jobs by robotization, or solve the problem of excessive public debt, easing the increasing pressure on finances from burdens like pensions.
If and when interest rates keep edging up, the ongoing boom can be expected to come to a shrieking halt, running the severe risk of turning into a bust. From the investor’s viewpoint, gold can be considered a sound currency, as the “ultimate means of payment”.
Some 68% of Spain’s multinationals and 47% of SMEs present in Latin America expect to generate more revenue in the region than in Spain in a period of three years,
During the second most significant repricing in U.S. Treasury bond yields since 2013, emerging markets debt, especially local currency bonds, has so far significantly outperformed equity, oil and U.S. Treasury beta. PIMCO’s analysts believe this resilience in EM reflects the resolution of most balance-of-payments issues over the past few years.
In his first congressional testimony, Jerome Powell delivered an upbeat appraisal of the US economy. In his own words, headwinds have turned into tailwinds. While avoiding any commitment on the plausible monetary stance, markets have discounted a faster pace in rate hikes, pushing bond yields to fresh highs.