In The News

The alcohol industry confronts low population growth rates and regulatory barriers in the developed world, its traditional source of profits. So the industry is focusing on Africa with its increasing affluence and what is described as a “high-intensity consumption of beer,” according to Karen Hofman and Charles Parry in the Conversation. AB Inbev, maker of Budweiser, Corona and Stella Artois...

South Korea’s president was removed from office, and so far the country’s economy and markets are left unfazed. South Korea’s first female president had promised strong economic growth, with a rise in per-capita income, as well as increased tax breaks to encourage investment. Instead, “Exports shrank for two straight years through 2016 and may be further damaged by deteriorating relations with...

The US president-elect plans to increase jobs by ending trade that does not benefit the United States. That assumes the US is self-sufficient and that other countries might go along. Instead, the other countries, especially China as the world’s largest market and soon to be largest economy, will retaliate while possibly continuing trade with one another. Meanwhile, US prices will soar and quality...