Don’t expect any trade deals soon.
EPA-EFE/Mark Schiefelbein / Pool
The UK’s best prospects for a favourable trade agreement with China are to be found by remaining within the EU.
19th Century Fox.
EPA
The two things UK must do to survive Brexit.
Who will emerge as the leader on climate change following the U.S. withdrawal from the Paris agreement?
(AP Photo/Evan Vucci)
Canada ratified the Paris agreement on climate change, but it hasn’t yet filled the leadership void left by the United States. Time is running out.
The Queensland government spends more than A$14 billion on essential goods and services, on top of a further A$4 billion of capital expenditure used to build and maintain infrastructure assets such as roads, schools and hospitals.
Dave Hunt/AAP
The Buy Queensland strategy has questionable economic logic and also explicitly contravenes a number of Australia’s international trade obligations.
Withdrawing cash from an ATM can cost you if you’re not careful.
Reuters/Ints Kalnins
Global travelers are being increasingly asked if they want to pay for local purchases in terms of their home country currency. Here’s why you should resist the strong temptation to do so.
At least the UK fits with the colour scheme.
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The UK was a founding member of EFTA in 1960 and only left to join the EU.
China’s road to global influence runs through Europe.
EPA/Wojciech Pacewicz
European countries are competing against Brussels and each other for China’s affections. And that is undermining the EU.
Sparks fly: workers produce steel at a small plant in Shenyang, northeast China.
EPA/MARK
Politicians in Europe, the US and the UK have blamed steel industry woes on artificially cheap imports.
Vinyards in the Sancerre wine-growing region of France.
Peter/Flickr
The latest figures on the world wine market confirm that the industry is undergoing considerable change, with European countries finding their positions and strategies challenged by the new world..
World leaders, led by Chinese President Xi Jinping, meet for the Belt and Road Forum in Beijing.
Reuters
The Chinese government has now clearly signalled its intention to assume a more prominent global leadership role through the Belt and Road Initiative.
Vinyards in the Sancerre wine-growing region of France.
Peter/Flickr
The latest figures on the world wine market confirm that the industry is undergoing considerable change, with European countries finding their positions and strategies challenged by the US and China.
Is the sun setting on globalisation?
Aly Song/Reuters
A fundamental insight into the distributive effects of free trade from almost 90 years ago.
Headed in different directions.
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Next the negotiations begin, and Britain has two years to negotiate a trade deal with the EU if it wants to avoid the WTO cliff edge.
Nigeria is a major tomato importer, despite having enough land to grow them.
Reuters/Akintunde Akinleye
Import bans in Africa are a poor substitute for the creation of incentives that enable
local producers to compete favourably.
Destroying Chinese war junks by Edward Duncan.
Wikimedia Commons
As the UK sets up post-Brexit trade deals with Commonwealth countries, it should be mindful of history.
There may be trouble ahead.
EPA/Olivier Hoslet
US accusations of German currency manipulation do not appear to be motivated by economics.
Lost at sea?
Shutterstock
Negotiating trade deals is a tremendous task and requires clarity for each and every economic sector involved. Unfortunately, the White Paper offers little detail on this.
Chinese President Xi Jinping addresses the World Economic Forum.
AAP/Laurent Gillieron
Xi Jinping is the first Chinese leader to attend the World Economic Forum and used his speech to denounce protectionism. But China’s trade liberalisation has stalled recently.
Trade dealer in chief.
EPA/Justin Lane
President-elect Donald Trump has offered the UK a quick post-Brexit trade deal but he’ll face some legal hurdles to make it happen.
Reuters
Expectations are high that China will take the reins of global leadership at Davos, but don’t expect Xi Jinping to upset the apple cart.