"The actual reversal of globalization started over seven years ago," well before the rise of U.S. President
"Globalization is on a back foot, it's not the trade deal with China, a trade deal agreement which would flip the switch and turn on the motor again — the damage has been done," he added. "There is no way going forward that China is able to grow by using international trade. It is going to grow more domestically."
And?
Globalization badly needs to swing back to a more reasonable and workable structure. A structure of mutually agreed-upon relationships between countries. Plunging into the brave new global society is the folly of the self-perceived saviors of the world.
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China slams US on Iran oil sanctions, Saudi Arabia welcomes US moveBeijing said Washington's decision to impose sanctions on buyers of Iranian oil will 'intensify turmoil' in the Middle East. The US said on Monday it will penalise any imports of Iranian oil from May 2. Opinion France must handle China with barter, Stack Latest research in hydrogen energy for China or Russia?
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Aussie sinks on soft inflation, dollar near 22-month high on strong U.S. dataThe Australian dollar tumbled to a six-week low on Wednesday as soft domestic in...
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Stocks in Australia poised to decline; US-China trade talks set to resume in BeijingThe U.S. and China are set to resume trade talks later on Tuesday. U.S. Treasury Secretary Steven Mnuchin said in an interview that negotiations between the two economic powerhouses were in 'the final laps,' according to a New York Times report from Sunday. Anyone else wonder why every week the Trump Administration sends out teasers about this trade deal, yet here we are with nothing. I wish I could short the trade deal - I bet that would be profitable. themoneygps jimcramer
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IMF's Lagarde expects U.S. and China to reach trade dealInternational Monetary Fund Managing Director Christine Lagarde said on Monday s... So she expects something? Of course she does. She’s long U.S. equities. tekmunnee
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Dow futures slightly higher amid fresh optimism on US-China trade talksU.S. stock index futures were slightly higher Monday morning, as market participants prepared for another day of corporate earnings and fresh data releases.
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