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....JBS has a net revenue of $55bn (£44bn). It exports to some 150 countries. ... [Read full article on BBC ]
Friday 17th of March 2017 08:21:35 PM
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....“This would involve increased investment in UK parts procurement, production and supply chains to offset increased import costs, aiming to reduce the impact of tariffs imposed on component parts moving between the UK and EU,” the report said. However, companies with substantial operations in Europe or overseas which use their UK factories as a satellite factory that focuses on exports to the EU could relocate. ... [Read full article on Guardian ]
Monday 20th of March 2017 06:34:46 PM
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....Oil theft is fuelling terrorist groups and drug cartels around the world, according to a new analysis. Mexican drug gangs can earn $90,000 (£72,000) in seven minutes from tapping a pipeline of refined oil, while insurgents in Nigeria financially benefit from a share of the third of the country’s refined oil exports that is lost to theft, said the Atlantic Council. ... [Read full article on Guardian ]
Tuesday 21st of March 2017 06:12:54 PM
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....Options other than higher rates offered a better way to boost productivity. A focus on exports and foreign ownership of companies tended to boost productivity, he said. ... [Read full article on BBC ]
Monday 20th of March 2017 08:03:10 PM
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....The trade benefits of belonging to the European Union have been "largely imaginary", according to the social policy think-tank Civitas. Its analysis argues that exports from non-EU countries to the single market have grown faster than the UK's, since its creation in 1993. ... [Read full article on BBC ]
Thursday 23rd of March 2017 12:13:02 AM
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.... . The meat industry plays an important part in the Brazilian economy, with exports worth more than $12bn (£9. ... [Read full article on BBC ]
Monday 20th of March 2017 08:39:48 PM
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....Using tagua as a substitute for ivory is nothing new. Indeed exports to Europe began in the 19th Century in order to meet the demand for an ivory-like raw material. ... [Read full article on BBC ]
Thursday 23rd of March 2017 12:22:41 AM
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.... But the Irish government is nervous about Brexit for the same reasons Scotland should be. Britain is the biggest destination for its exports, and the prospect of tariffs could persuade several industries to decamp almost entirely to the rest of the UK. ... [Read full article on Guardian ]
Saturday 18th of March 2017 03:59:43 PM
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Latest Finance News related to Exports

‘Vegetable ivory’ image
Source : BBC [Read Article] Thursday 23rd of March 2017 12:22:41 AM
....Using tagua as a substitute for ivory is nothing new. Indeed exports to Europe began in the 19th Century in order to meet the demand for an ivory-like raw material. ...
Brexit vote: Single market benefit 'largely imaginary' image
Source : BBC [Read Article] Thursday 23rd of March 2017 12:13:02 AM
....The trade benefits of belonging to the European Union have been "largely imaginary", according to the social policy think-tank Civitas. Its analysis argues that exports from non-EU countries to the single market have grown faster than the UK's, since its creation in 1993. ...
Oil theft 'provides billions for terrorists and drug cartels' image
Source : Guardian [Read Article] Tuesday 21st of March 2017 06:12:54 PM
....Oil theft is fuelling terrorist groups and drug cartels around the world, according to a new analysis. Mexican drug gangs can earn $90,000 (£72,000) in seven minutes from tapping a pipeline of refined oil, while insurgents in Nigeria financially benefit from a share of the third of the country’s refined oil exports that is lost to theft, said the Atlantic Council. ...
Brazil meat scandal: China and EU suspend imports image
Source : BBC [Read Article] Monday 20th of March 2017 08:39:48 PM
.... . The meat industry plays an important part in the Brazilian economy, with exports worth more than $12bn (£9. ...
Low UK interest rates 'hurt productivity but saved jobs' image
Source : BBC [Read Article] Monday 20th of March 2017 08:03:10 PM
....Options other than higher rates offered a better way to boost productivity. A focus on exports and foreign ownership of companies tended to boost productivity, he said. ...
Hard Brexit 'could increase cost of making a car in UK by £2,400' image
Source : Guardian [Read Article] Monday 20th of March 2017 06:34:46 PM
....“This would involve increased investment in UK parts procurement, production and supply chains to offset increased import costs, aiming to reduce the impact of tariffs imposed on component parts moving between the UK and EU,” the report said. However, companies with substantial operations in Europe or overseas which use their UK factories as a satellite factory that focuses on exports to the EU could relocate. ...
Aberdeen wrestles with hard choices as independence looms again image
Source : Guardian [Read Article] Saturday 18th of March 2017 03:59:43 PM
.... But the Irish government is nervous about Brexit for the same reasons Scotland should be. Britain is the biggest destination for its exports, and the prospect of tariffs could persuade several industries to decamp almost entirely to the rest of the UK. ...
Brazil meat-packing giants 'exported rotten beef' image
Source : BBC [Read Article] Friday 17th of March 2017 08:21:35 PM
....JBS has a net revenue of $55bn (£44bn). It exports to some 150 countries. ...
Secrets to business survival: 'always look at new ways to innovate' image
Source : Guardian [Read Article] Wednesday 15th of March 2017 07:00:23 AM
.... “Craftsmanship may seem irrelevant in a high-tech, mass-production world, but for Linn it is the bedrock of all the company’s products,” says Gilad Tiefenbrun, the current managing director and founder’s son. The business, which has a turnover of £18m, exports across Europe, to the US and Japan. ...
Q&A: What will happen if the Federal Reserve raises US interest rates? image
Source : Guardian [Read Article] Tuesday 14th of March 2017 07:08:31 PM
....Trump has already attacked China for artificially depressing its currency, even when Beijing was doing all it could to close the gap between the yen and the dollar. Now China is letting the yen fall and with interest rate rises in the US pushing up the dollar, the gap will widen, increasing the cost of US exports and reducing import prices. ...
UK economy will grow more strongly than expected, says BCC image
Source : Guardian [Read Article] Tuesday 14th of March 2017 07:01:15 AM
....“The resilience in consumer spending, a key driver of UK growth, will slowly dissipate over the coming months as higher inflation and muted wage growth combine to erode consumer spending power,” said Thiru. The upside to the weak pound for the economy would be some support for exports, he added. ...
Brexit leads cosmetics firm Lush to look for expansion outside UK image
Source : Guardian [Read Article] Monday 13th of March 2017 08:00:30 PM
....2m, despite troubles in its Japan operations. In terms of trading it said it had not noticed a material impact on UK revenues since the Brexit vote, and higher costs of raw material imports – a result of sterling weakness – were being offset by the cheaper cost of exports. ...
US interest rate rise to deepen debt crisis in developing world image
Source : Guardian [Read Article] Monday 13th of March 2017 07:00:26 AM
....The Jubilee Debt Campaign said that some of the world’s poorest countries have seen the cost of repaying their debts – as a proportion of government revenue – hit the highest level for a decade. Government coffers have been depleted by lower revenues from commodity exports and the size of dollar-denominated debts has risen as the US currency has strengthened. ...
Trump is set to win the battle on interest rates, but US economy will pay the price image
....The bankers will adore being the prime recipients of all this fresh money and being able to charge higher interest rates, but sucking in foreign cash has a price and that is an expensive dollar and worsening trade balance. Trump might want to think twice about supporting a policy that hits exports and pretty soon the profits of major corporations. ...
After Brexit, Israel senses a chance to boost trade with UK image
Source : Guardian [Read Article] Saturday 11th of March 2017 04:00:38 PM
....Although Syrians are fighting less than three miles away and there’s the danger of being blown up underfoot, Ahmed has a more pressing concern: the European Union. The co-operative sells fruit across Israel, but Ahmed claims that the EU’s protection of its member states’ farms makes exports to Europe all but impossible. ...
Road tax rises image
Source : BBC [Read Article] Friday 10th of March 2017 10:07:22 PM
.... . "The introduction of a surcharge on premium cars also risks undermining growth in UK manufacturing and exports, which helps to support some 814,000 jobs in the UK. ...
US interest rate rise almost certain after bumper jobs growth image
Source : Guardian [Read Article] Friday 10th of March 2017 06:15:58 PM
....Higher interest rates are expected to push up the value of the dollar and suck in foreign funds to the US financial system. Surveys show firms are concerned that the high dollar will dent exports, and Trump has accused China and rival exporting nations of winning trade wars after artificially depressing their currencies. ...
UK manufacturing output falls in January image
Source : BBC [Read Article] Friday 10th of March 2017 10:30:57 AM
....7bn to £6. 4bn on rising exports of oil, machinery and transport equipment. ...
Trump faces formidable institutional obstacles – so what can he do? | Barry Eichengreen image
.... But here there is no agreement between Congress and the Trump administration on the form such cuts should take. House Speaker Paul Ryan and others favour moving to a border adjustment tax that would tax corporate cash flows regardless of where the goods sold by US companies are produced, while exempting exports. ...
Trump's border tax could damage the US a lot more than a wall | Kenneth Rogoff image
.... Although the border adjustment tax has not seeped into public consciousness in nearly the same way as Trump’s wall, it could end up affecting the average American a lot more – and not necessarily in a good way. On the surface, the basic idea is to slap a tax of, say, 20% on imports, and to provide tax breaks worth a similar amount on exports. ...
UK growth forecast for 2017 revised up image
Source : BBC [Read Article] Wednesday 8th of March 2017 02:12:25 PM
.... . "The intensity of exports and imports, as well as immigration flows, are assumed to decline gradually, rather than falling sharply as they might after a hard Brexit. ...
WTO what? image
Source : BBC [Read Article] Wednesday 8th of March 2017 12:33:35 AM
....One of the most important principles of the WTO is that you should not discriminate between other WTO members. The UK and the EU would both have to impose on one another's exports the same barriers they apply to goods from the other WTO member countries. ...
ZTE fined $1.1bn for flouting US sanctions against Iran image
Source : BBC [Read Article] Tuesday 7th of March 2017 08:17:10 PM
.... and/or anti-terrorism reasons". ZTE also made 283 shipments of mobile phones to North Korea despite knowing this contravened rules around exports to the country. ...
Brazil's recession worst on record image
Source : BBC [Read Article] Tuesday 7th of March 2017 01:00:14 PM
Vauxhall's Luton and Ellesmere Port factories will face battle after 2021 image
....”. Ellesmere Port would be particularly affected by the introduction of tariffs because it has to import 75% of the parts on the Astra – above the UK average of 59% – and then exports 80% of the cars. ...
A Mini part's incredible journey shows how Brexit will hit the UK car industry image
.... “You could look to bring components into the UK to manufacture, so it could have a positive impact. But the challenge is if you are exporting 80% of the vehicles – like Nissan are or Vauxhall are from Ellesmere Port – you have to question the benefits of that if there will be tariffs on exports. ...
China's economic concerns mount as thousands gather for congress image
Source : Guardian [Read Article] Friday 3rd of March 2017 06:26:46 AM
....5-7%. Growth in that band would continue the slowest rates for more than a quarter of a century, a development which has complicated government efforts to shift from an economic model based on debt-fuelled investment and exports towards a consumer-driven one. ...
CBI chief warns against 'no deal' Brexit image
Source : BBC [Read Article] Thursday 2nd of March 2017 08:52:43 PM
.... . "The UK would face tariffs on 90% of its EU exports by value and a raft of new regulatory hurdles. ...
Brexit without trade deal would open Pandora's box, says CBI chief image
Source : Guardian [Read Article] Thursday 2nd of March 2017 06:25:49 PM
....Recent Guardian analysis suggested reverting to WTO trading rules – an outcome sometimes referred to as “hard Brexit” – could cost firms up to £6bn in increased tariffs alone. Drechsler said up to 90% of the value of Britain’s exports to the EU would be hit either by export tariffs, or other non-tariff barriers such as burdensome regulations or costly customs checks. ...
Australia avoids recession as GDP grows 1.1% in December quarter image
Source : Guardian [Read Article] Wednesday 1st of March 2017 12:43:59 AM
....The ABS found that household final consumption expenditure contributed 0. 5% to GDP growth and net exports a further 0. ...
Brexit means taxpayers need to support supply chain, says Nissan image
Source : Guardian [Read Article] Tuesday 28th of February 2017 05:56:52 PM
....Lawther said Nissan was looking for a bundle of measures in Brexit negotiations and had made “a strong request” to the government to ensure Britain stayed in the customs union. A World Trade Organisation alternative would be a financial “disaster” with a 10% tariff on exports costing the company up to £500m a year, he added. ...
George Osborne warns against leaving EU without trade deal image
Source : BBC [Read Article] Tuesday 28th of February 2017 03:18:11 PM
....Mr Osborne, who campaigned to remain in the EU but was sacked by Mrs May after she took power in July, told business leaders that he recognised that the UK would be leaving the EU and he was not seeking to "fight the last war". But he said leaving the EU without a proper agreement would impose significant costs on the British economy, with up to half of all British exports facing tariffs and additional regulations for trading with EU. ...
Cereal lovers could shell out more for muesli as cost of brazil nuts soars image
Source : Guardian [Read Article] Monday 27th of February 2017 07:19:10 PM
....He said it was possible that more stock may become available later as locals traditionally travel further into the forest to gather nuts if they could get a good price for them. Kate Gaskell of Liberation Foods, the UK’s largest importer of Fairtrade nuts, said the drop in production in Bolivia could be up to 50% on last year’s relatively low exports of about 20,000 tonnes of shelled kernels. ...
BMW considers making electric Mini outside UK due to Brexit worries image
Source : Guardian [Read Article] Monday 27th of February 2017 06:21:12 PM
.... Another option for BMW is to produce the car in the Netherlands, where roughly one in three Minis are already made. The German carmaker is likely to hold talks with the British government before making a decision but is concerned about the prospect of the UK leaving the single market and being charged tariffs on imports and exports. ...
Chris Grayling tells Japan: some of our trains are superior to yours image
Source : Guardian [Read Article] Sunday 26th of February 2017 05:03:58 PM
.... Bombardier is now also building 200 metre-long Aventra trains that can carry about 1,500 passengers for the Elizabeth line, the new east-to-west London route formerly known as Crossrail. A Department for Transport source added:“Every government department has been tasked by [prime minister] Theresa May with broadening our exports. ...
If EU workers go, will robots step in to pick and pack Britain’s dinners? image
Source : Guardian [Read Article] Saturday 25th of February 2017 04:00:05 PM
.... “They’re known and that’s important,” he added. Alfrut - a company in the south-western province of Huelva that exports strawberries, raspberries, and other fruits around the EU - still harvests by hand. ...
World gets thirst for British gin as exports hit record of nearly £500m image
Source : Guardian [Read Article] Friday 24th of February 2017 02:42:43 PM
....Exports of British gin surged to record levels last year, reaching nearly £500m. Figures from HMRC show exports of the juniper-based spirit rose by 12% to £474m, outperforming exports of British beef and soft drinks. ...
Made in the UK goods could cost more as import prices rise image
Source : Guardian [Read Article] Monday 20th of February 2017 01:17:41 PM
....“But the sector looks on course to provide a positive contribution to GDP growth in the first quarter. And with manufacturing exports set to benefit from the fall in sterling and solid demand from abroad, the future looks more promising for manufacturing activity than it has done for some time. ...
Global arms trade reaches highest point since cold war era image
Source : Guardian [Read Article] Monday 20th of February 2017 12:02:22 AM
.... While India received most of its arms from Russia, the Saudis relied heavily on US arms. US and Russia together supplied more than half of all exports. ...
Is this the end of UK's retail boom? image
Source : Guardian [Read Article] Sunday 19th of February 2017 01:32:28 PM
....That should ensure some pick-up in earnings growth this year, but the improvement is likely to be modest and that means earnings will struggle to keep pace with prices. As a result, consumer spending will be squeezed and growth more dependent on the performance of exports. ...
Morrisons to 'hedge bets' and recruit more UK-based suppliers image
Source : Guardian [Read Article] Friday 17th of February 2017 07:01:03 AM
.... More than 80% of the eggs, meat and dairy and 62% of the cereals we eat are from the UK, but only 23% of fruit and vegetables consumed are grown here. The UK exports £18bn of food and imports £39bn, but even if all the UK-grown produce was consumed domestically, it would still fall below two-thirds of British demand. ...
Missing wage rises give lie to picture of full employment | Larry Elliott image
Source : Guardian [Read Article] Wednesday 15th of February 2017 11:49:11 AM
.... There is no immediate prospect of the depreciation of sterling triggering the price-wage spiral feared by the Bank of England, which is why interest rates will remain at their current rock-bottom levels. Cheap money, an improving global economy and the impact of the weaker pound on exports will prevent unemployment from rising very much from its current low level. ...
Days of low inflation are over with UK consumer finances to take a hit | Larry Elliott image
....Rather, it was the breakdown of the growth, which was strongly dependent on domestic demand, and in particular higher government spending on refugees. Net trade, traditionally the motor of the German economy, subtracted from growth on the quarter because imports rose more strongly than exports. ...
Markets hit new highs over Trump's change of tone on Japan and China image
Source : Guardian [Read Article] Monday 13th of February 2017 06:01:07 PM
....Elsewhere, mining shares were among the biggest gainers as metal prices moved higher, partly on the expected benefits of Trump’s promised infrastructure spending plans and partly on recent positive figures from the Chinese economy, including a better than expected 7. 9% growth in exports. ...
Utopian thinking: the eclipse of neoliberalism heralds a new dawn of sharing | Minna Salami image
.... Individuality is necessary for ingenuity. Further, from a global perspective, while free market liberalism has mostly been detrimental (in Africa, the IMF’s structural adjustment programmes forced countries to reduce spending on social welfare, and to grow exports and open markets leading to economic crises that the continent is yet to recover from), it has also empowered multilateral organisations such as the UN. ...
Does UK’s lucrative arms trade come at the cost of political repression? image
Source : Guardian [Read Article] Sunday 12th of February 2017 06:00:37 AM
.... For decades the two kingdoms have quietly enjoyed a symbiotic relationship centred on the exchange of oil for weapons. Analysis of HM Revenue and Customs figures by Greenpeace EnergyDesk shows that in 2015 83% of UK arms exports – almost £900m – went to Saudi Arabia. ...
Trump means happy days are here again for the UK’s arms exporters | Paul Rogers image
.... For all Trump’s emphasis on making America great again, it is still essential to avoid war in the Middle East being seen purely as a US venture. As the UK gets sucked in, the pressure on the defence budget will rise, making it even more necessary to have a vibrant arms industry made more robust through exports. ...
Quinoa genome unveiled in search for hardy crop to feed world image
Source : Guardian [Read Article] Thursday 9th of February 2017 01:42:16 AM
....Most quinoa is grown in three Andean countries: Peru, Ecuador and Bolivia. The United States and Canada account for nearly 70% of exports, followed by France, the Netherlands and Germany. ...
How high street clothes were made by children in Myanmar for 13p an hour image
Source : Guardian [Read Article] Sunday 5th of February 2017 12:04:43 AM
.... Which do you want?”. The low labour costs in Myanmar have encouraged international brands to switch production from more expensive countries and between 2010 and 2014 exports tripled to £787m. ...
Trump’s honeymoon with the stock market will soon be over | Nouriel Roubini image
....If Trump takes his protectionism too far, he will undoubtedly spark trade wars. America’s trading partners will have little choice but to respond to US import restrictions by imposing their own tariffs on US exports. ...
UK industry is on a roll – but inflation could send it on the slide | Larry Elliott image
....It’s looking good for Britain’s long-suffering manufacturers. Order books are strong, the global economy is picking up and the weakness of the pound is making exports more competitive. ...
UK manufacturing's strong January is dented by spike in import costs image
Source : Guardian [Read Article] Wednesday 1st of February 2017 01:49:03 PM
....Bank of England policymakers are expected to highlight in their quarterly inflation report on Thursday that price pressures in the economy are growing, especially in the manufacturing industry because the sector relies heavily on raw materials and components brought in from overseas. Car firms have warned the government that the fall in sterling against the dollar and the euro might not be enough to persuade them to continue investing in the UK if they face tariffs and higher regulatory costs on imports and exports to the European Union. ...
UK growth forecast upgraded amid warning over inflation image
Source : Guardian [Read Article] Wednesday 1st of February 2017 06:30:09 AM
....NIESR’s new forecast comes ahead of the Bank of England’s quarterly inflation report tomorrow, which will also include a growth upgrade for 2017. The thinktank said its economic modelling showed that the benefits of the free-trade deals the government hopes to sign with the US, Canada and leading emerging economies would be dwarfed by the damage caused to exports of both goods and services to the EU. ...
EU main export market for most UK cities, says thinktank image
Source : Guardian [Read Article] Monday 30th of January 2017 07:01:46 AM
. Almost every British city depends on the EU more than any other market for their exports, according to a new analysis that underscores the risks to the jobs and growth from a hard Brexit deal. ...
Smoot and Hawley, the ghosts of tariffs past, haunt the White House image
Source : Guardian [Read Article] Sunday 29th of January 2017 12:00:23 PM
.... Until today. Franklin D Roosevelt swept into power in 1933 and for the first time the president was granted the authority to undertake trade negotiations to reduce foreign barriers on US exports in exchange for lower US tariffs. ...
Britain has grown rich by chasing the cash. Now it has lost the scent | Will Hutton image
.... The first roadblock is that this is not the world the US under Donald Trump wants to sustain; it has created “carnage” in the US industrial heartlands, to which trade protection is the appropriate response. The second is that even if the liberal trade order does pull through, however battered, Britain faces the impossible task of compensating for what the National Institute of Economic and Social Research calculates will be a 22% drop in Britain’s exports to Europe. ...
Final US growth figures under Obama are a triumph – for Trump  | Larry Elliott image
....There are, however, two other reasons why Trump should thank his lucky stars. The first is that the breakdown of the growth figure into its component parts shows the main reason for the slowdown in the fourth quarter was that exports fell and imports rose. ...
Strong dollar drags US growth to slowest pace since 2011 image
Source : Guardian [Read Article] Friday 27th of January 2017 02:15:35 PM
. The US economy slowed last year to register its worst performance since 2011 after the strong dollar sent exports tumbling and encouraged American businesses to import cheaper components from abroad. ...
Hard times for luxury Swiss watches as sales drop 10% image
Source : Guardian [Read Article] Thursday 26th of January 2017 06:48:05 PM
....Sales of luxury Swiss watches dropped by 10% last year following a crackdown on corruption in China. The Federation of the Swiss Watch Industry said 2016 watch exports fell by more than 2bn Swiss francs (£1. ...
UK GDP figures show solid end to 2016 despite Brexit vote image
Source : Guardian [Read Article] Thursday 26th of January 2017 03:13:11 PM
.... Within production, manufacturing posted a strong gain of 0. 7% mainly due to pharmaceuticals exports, which tend to be erratic, but this was offset by a sharp drop in oil production caused by a change in timing of maintenance in a North Sea oil field. ...
Car firms tell May post-Brexit tariffs are 'red line' issue that threatens jobs image
....The warning on tariffs came just over a week after the prime minister said in a landmark speech that Britain will leave the single market as part of Brexit and revert to World Trade Organisation rules if it cannot strike a good deal with the EU. The car industry has calculated that WTO rules, which would mean 10% tariffs on exports and imports, could add £1,500 to the cost of every car sold in the UK. ...
UK manufacturers upbeat as weak pound boosts exports image
Source : Guardian [Read Article] Wednesday 25th of January 2017 12:38:03 PM
....Official figures due out on Thursday are likely to show that the economy continued to shrug off the impact of the EU referendum result during the final three months of 2016. Although the chancellor, Philip Hammond, warned in Davos last week that rising inflation will mean slower growth in 2017, the CBI industrial trends survey found that manufacturers are becoming more optimistic about business conditions and the prospects for exports. ...
Brexit economy: weak pound stokes inflation as jobs market cools image
Source : Guardian [Read Article] Wednesday 25th of January 2017 11:09:22 AM
....Among the more downbeat measures in the latest dashboard, the housing market lost momentum at the close of 2016, with property price gains easing and fewer sales. The UK’s trade position deteriorated further on the latest official measures as a jump in imports eclipsed a pick-up in exports. ...
Trump withdraws from Trans-Pacific Partnership amid flurry of orders image
Source : Guardian [Read Article] Monday 23rd of January 2017 05:46:50 PM
.... Senator John McCain, chairman of the Senate armed services committee, described it as a “serious mistake” with long-term consequences. “This decision will forfeit the opportunity to promote American exports, reduce trade barriers, open new markets, and protect American invention and innovation,” he said. ...
Can post-Brexit London survive as Europe's cultural and financial capital? image
.... “When it comes to creative industries, the likes of China are still relatively small trading partners,” he says. “The UK’s total exports of creative goods to China were about £200m in 2012 – just 3% of what we export to the rest of Europe. ...
UK GDP preview: sharp slowdown expected in 2017 image
Source : Guardian [Read Article] Sunday 22nd of January 2017 03:54:01 PM
.... It notes a silver lining in the weaker pound for exporters, because the currency’s fall makes their goods more competitive overseas. The group forecasts exports will rise 3. ...
Brexiters expect to leave the EU on a free trade ‘crusade’. What if they are wrong? image
.... An academic study last year found that since 2011, far from being the source of new jobs in research and development, factory output has suffered a “fresh era of decline”. This report, and others like it, showed most academic economists continue to be sceptical about the strength of UK manufacturing and its ability to overcome higher barriers for exports destined for the EU, as well as to strike fresh deals further afield. ...
Globalisation once made the world go around. Is it about to grind to a halt? image
....The new US president has said he will renegotiate the Nafta free trade agreement between the US, Canada and Mexico and slap duties on imports from countries that don’t play by global trade rules. He also floated the idea of a 35% tariff on goods from Mexico, a 45% tariff on goods from China, and a border tax – which would impose a levy on imports but not exports. ...
Chinese growth slips to slowest pace for 26 years image
Source : Guardian [Read Article] Friday 20th of January 2017 05:33:46 AM
....Forecasters see the outlook for global growth as particularly uncertain, with a change of administration in the US, key elections in the eurozone, the UK embarking on Brexit negotiations and US interest rate rises all having repercussions for indebted emerging market economies. With China still struggling to rebalance its economy away from a reliance on manufacturing and exports, any slowdown in global trade will be keenly felt in the country. ...

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