Posts belonging to Category BRICS

Trump: trade is 'almost' war

How a Trump trade war would impact your state

If your state exports goods and services to China or Mexico, you may want to pay closer attention to President-elect Donald Trump’s latest pronouncements on global trade.

Anti-free-trade sentiment helped propel Trump to victory, and he’s not waiting until he gets to the White House to demonstrate what his administration’s trade policy might look like. He’s already used his new bully pulpit to convince air-conditioner manufacturer Carrier to scale back announced job cuts as part of a shift in manufacturing to Mexico. … Wed.,  07 December 2016

Trump economy: Warning to US companies willing to quit

TRUMP: Companies won’t leave US anymore ‘without consequences’

President-elect Donald Trump said Thursday that US companies will face “consequences” if they move their operations abroad. “Companies are not going to leave the United States any more without consequences. Not going to happen,” Trump said during a visit to the Indianapolis plant of oven and air conditioner manufacturing firm Carrier Corp. “These companies aren’t going to be leaving anymore. They aren’t going to be taking people’s hearts out,” said Trump after a brief tour of the plant on his first public appearance after his surprise Nov. 8 election win. … Fri.,  02 December 2016

Which Countries Are Damaged Most by Low Oil Prices?

A chart looks at costs per barrel

Oil is by far the world’s most-traded commodity, with $786.3 billion of crude changing hands in international trade in 2015. While low commodity prices can hurt any major producer, oil prices can have a particularly detrimental effect on oil-rich economies. This is because, for better or worse, many of these economies hold onto oil as an anchor for achieving growth, filling government coffers, and even fueling social programs. If those revenues don’t materialize as planned, these countries turn increasingly fragile. In the worst case scenario, an extended period of low oil prices can cause the fate of an entire regime to hang by a thread.  Wed., 31 August 2016

Russia's economy is recovering

Worst over for Russian economy, time to talk success

Economists in Russia and the US agree the worst is over for Russian economy, with Bloomberg changing its tone praising it as an ‘underrated land of opportunity’. Experts agree President Putin’s economic team managed to turn around a pressing environment. Russia’s economy is recovering from last year’s panic following the slump in oil prices, according to experts. … Tue., 21 June 2016.

Is a new crash possible for the world economy?

World economy stands on the cusp of another crash

Former Bank of England Governor Lord Mervyn King has warned that the world is on the cusp of another crash because regulators’ have failed in their attempts to reform the financial system in the wake of the last crisis. “Another crisis is certain, and the failure…to tackle the disequilibrium in the world economy makes it likely that it will come sooner rather than later,” Lord King says in his new book, the exclusive serialisation of which starts in The Telegraph this weekend.   Mon., 29  February 2016. 

China troubled by overcapacity

China overcapacity ‘wreaking far-reaching damage’

Overproduction in key industries is damaging both China’s economic sustainability and foreign trade relations, a new report has warned. Now is the time for big reforms, it urges, supporting a shift in investments.

http:/   Tue., 23  February 2016. 

Global economy is slowing down

OECD Global Economic Outlook

Stronger growth remains elusive: Urgent policy response is needed .

http:/    Thu. 18  February 2016. 

Brazil: the plunge

The slowdown of the once-ballyhooed Brazilian economy is compounding the delicate political situation for President Rousseff, who polls show is the nation’s most unpopular president since the 1985 return to democracy… — Mon, 28 Sep 2015 21:02:43 -0700

Low-Carbon Economy

Funding and political will, instead of technology, are the greatest barriers to carbon emission reduction, Sirkis said while stressing the importance of attracting investors to low-carbon economy. “Right now, governments do not have money. — Mon, 21 Sep 2015 22:51:23 -0700

BRICS and the economy of Japan

“The major challenge facing the global economy is that growth remains moderate and uneven,” she told reporters following a meeting of senior finance officials from G20 countries in Ankara, Turkey. “For the emerging market economies, … — Tue, 15 Sep 2015 14:00:06 -0700