Taking a firm stand on human rights can require sacrifice. Like trade itself, boycotts that attempt to influence national behavior are a two-way street: As Europeans ponder boycotting the Beijing Olympics, German business leaders warn that more than 200,000 jobs in that nation depend on Chinese...
Click here for the original article on Spiegel Online.
The US tax bill is a big win for corporations, with corporate income taxes reduced during a time of record profits, reports Tim Fernholz for Quartz. Emboldened multinationals may expect other countries to do the same. “The US corporate tax rate is being cut by 40%, and rather than taxing global...
Communities may be rushing toward new technologies, particularly 5G networks, without considering health consequences. The 5G networks, unlike previous technologies, rely on high-frequency radio waves emitted from small cells in close proximity. Regulators rely on standards more than two decades...
China is moving on a national security resolution for Hong Kong, relying on the National People’s Congress rather than waiting for the territory’s Legislative Council to shape its own rules. The resolution would “ban all seditious activities aimed at toppling the central government and external...
Despite geographic distance, Cuba has opted to work with Chinese manufacturers for revamping railway cars, buses, trucks and cars. Currently, China-Cuba industrial links include trade in domestic appliances and oil rigs, as well as port-equipment to eventually handle future trade in communications...
Cuba is turning to Chinese companies rather than western ones to modernize its crippled transportation system at a cost of more than $1bn, continuing a trend of favoring the fellow Communist country that has made...
Traditionally Western Europe has faced both “good” and “bad” immigration, the former being the result of international income differentials and a healthy economy, and the latter being the result of immigrants seeking to take advantage of the welfare state. Hans-Werner Sinn, an economist at Munich...
There will be more migration in Europe, but it will be "bad" migration as well as "good".
"Good" migration is driven by wage and productivity differences. "Bad" migration is driven by the generosity of the...
After studying a warming trend in the Earth’s fossil record from 55.8 million years ago, scientists with Pennsylvania State University predict rising carbon-dioxide levels and insect populations. An increase in carbon dioxide will decrease nutrients available in plants and thus lead to insects...
Click here for the original article on The Independent.
China's shoe exports to Europe have increased nearly seven-fold since the beginning of January, when trade quotas limiting its textile and clothing output were abandoned. Low-priced and abundant, Chinese-manufactured footwear has skyrocketed in market share, panicking European shoemakers who...
Chinese shoe manufacturers have increased their exports to the European Union by almost 700 per cent since trade restrictions were abolished in January, sparking immediate calls for Brussels to place more curbs on...