In The News

Times of India: Orwellian Option

Nayan Chanda December 19, 2018
US-Sino trade tensions run high, especially since the arrest of a Huawei Technologies executive in Canada. Huawei reports it supplies equipment to 45 of the world’s 50 largest telecommunications companies, so the trade war could soon ensnare other nations like India. “Three of India’s top telephone carriers use Huawei equipment and the company has been invited to take part in the next generation...

BBC: May Wins Confidence Vote

December 12, 2018
British Prime Minister held on to her job after facing a vote of confidence from fellow Tory members. Just before the voting started, Theresa May told fellow MPs she would see the Brexit deal through before resigning as party leader before the next scheduled election in 2022. After she delayed a vote on Brexit by full parliament, 48 members of her party expressed no confidence. Most Tory party...

Washington Post: Iran Sanctions Choke Medicine Imports

Erin Cunningham December 10, 2018
Economists project the latest round of US sanctions on Iran to have detrimental effects on the nation’s healthcare sector, according to the Washington Post. Sanctions on Iranian financial firms “could endanger the flow of humanitarian goods as foreign banks and outside suppliers abandon business ties with their partners in Iran, analysts and experts warn,” reports Erin Cunningham. Moreover, some...

Globe and Mail: Canada Arrests Huawei Global CFO

Robert Fife and Steven Chase December 7, 2018
The US-Chinese trade war has taken a new turn with news of the December 1 arrest of China’s Huawei Technologies chief financial officer in Vancouver, Canada – about the same time as Donald Trump and Xi Jinping put a pause on the trade war. Meng Wanzhou faces extradition for violation of trade sanctions against Iran. “The decision by Canadian authorities to detain such a high-profile Chinese...

BBC: Three Brexit Defeats for May

December 5, 2018
Members of parliament found British Prime Minister Theresa May’s ministers in contempt, ordering release of the government’s complete legal advice on proposed terms for Brexit. The government had been trying to rush the proposal through to avoid too many second thoughts. The attorney general published a summary and answered questions, but advised that release of the complete version was not in...

Asia Times: Asia Cowers as Trump Battles Xi

William Pesek November 30, 2018
The world’s 20 largest economies gather in Buenos Aires for the G20 summit. Participants include the European Union and 19 nations, seven of which are in Asia. Asian nations worry about the ongoing trade fight between China and the United States, along with the threat of more tariffs, could trigger inflation and global recession. “The China-US trade brawl is the economic equivalent of giant...

CNN: Post-Brexit UK-US Trade

Euan McKirdy and Hilary McGann November 27, 2018
Every step in Brexit negotiations and new procedures creates winners and losers for industries and workers throughout Europe, the United Kingdom and beyond. Members of the European Union reached draft agreement with the government of UK Prime Minister Theresa May, and the UK Parliament’s approval is now required. “Under the draft agreement, the UK will stay inside the bloc's single market...