It is only natural for a dominant power that finds itself in second place to experience self-doubt or a loss of confidence. But as China's nominal GDP surpasses that of the US, Americans will just have to get over it, as the rest of the world did when America became the single largest economy.
In what by historical standards constitutes an instant, the future of democracy, prosperity, and peace in Europe has become uncertain. And with the US under President Donald Trump treating its allies like enemies, the continent must confront the growing threats it faces largely on its own.
The United Kingdom could be headed toward another "people's vote" on its withdrawal from the European Union. The UK reached this point as a result of one of the most serious risks, evident since the original Brexit vote in 2016, that referenda entail – namely, that they enable politicians to evade responsibility for consequential decisions.
Just as manufacturing companies comprised the most rapidly growing industries in an earlier era, services companies do today. But US President Donald Trump, with his fixation on old manufacturing industries, seems unable to grasp that.
President Donald Trump said on Tuesday it would be a mistake if the Federal Reserve raises interest rates when it meets next week, as it is expected to do, continuing his criticism of the U.S. central bank.
The Christian Democratic Union's selection of Annegret Kramp-Karrenbauer as its next leader means that Chancellor Angela Merkel is still very much in charge of Germany. That means three more years of cautious restraint in the face of challenges that demand bold action.
There is no doubt that avoiding the worst effects of climate change will require action on an unprecedented scale – starting immediately. That action must include governments worldwide doing what it takes to ensure that both public and private financial flows support the climate agenda.
The best of 2018 - Factor Investing and Smart Beta The winning and commended papers for all 15 categories at the 2018 Savvy Investor Awards were announced on December 4th. The first link below will take you straight to our blog for the Best Factor Investing Paper category.
What is most notable about China’s efforts to spread its influence abroad is not their success, but the ease with which they are exposed. Portraying these efforts as a genuine threat to the world's democracies not only betrays the West’s insecurity, but also gives China more credit than it deserves.
Former Dallas Fed President Richard Fisher, who was a renowned hawk during his decade at the central bank, said Tuesday he doesn’t get the thinking of current doves on the Federal Open Market Committee like Minneapolis Fed President Neel Kashkari.
Samsung Electronics will cease operations at one of its mobile phone manufacturing plants in China, the company said, as its sales in the world's biggest smartphone market slumps amid rising competition from lower-cost local rivals.
The "Yellow Vest" protests in France over the past month have been compared to the historic revolt of May 1968, when students and workers almost brought the French economy to a halt in the name of political and cultural reform. But unlike its precursor, today's uprising is not so much an exercise in democracy as an attack against it.
Over the past three decades of global warming, the oldest and thickest ice in the Arctic has declined by a stunning 95 percent, according the National Oceanic and Atmospheric Administration’s annual Arctic Report Card.
Amazon.com Inc on Wednesday opened a compact version of its cashier-less Amazon Go food stores, broadening its footprint in the bricks-and-mortar world in a move to add shops in places such as office lobbies and hospitals.
Oman signed on Sunday two
agreements giving a unit of Occidental Petroleum the
rights to explore for oil and natural gas in concessions 51 and
65, the oil ministry of the sultanate said in a tweet.
User Local Inc (TSE: 3984), Japan’s Leading AI Chatbot & Big Data Visualization Analytics Tool SaaS Innovator – H.E.R.O. Innovators Insights from CEO Masao Ito | H.E.R.O. HeartWare | 17 December “Software that retain their greatness over time tend to hold simplicity as a core design tenet,” commented Scott Belsky, Adobe’s Chief Product Officer and EVP for…
Despite a recent slump in the markets, the U.S. economy is still putting up strong numbers. Unemployment is at its lowest point since the 1960s, and the U.S. manufacturing sector is thriving.
But, as Visual Capitalist's Nick Routley points out, looking beyond these big picture gains, many communities in the United States are struggling. Check cashing stores outnumber McDonald’s locations, the …
The new Mexican government's
oil plan aims to raise crude output to 2.624 million barrels per
day (bpd) by the end of 2024, Octavio Romero, Chief Executive
Officer of state oil firm Petroleos Mexicanos (Pemex), said on
Saturday.