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The Economist (July 14)

2018/ 07/ 16 by jd in Global News

“Throughout rural parts of South Asia and Africa…mini-grids are increasingly seen as one of the most promising ways of connecting the 1.1bn people in the world who still lack access to electricity.” According to the World Bank, this will also require “microfinance and vocational training” to help users make the best use of electrification.

 

Bloomberg (July 15)

2018/ 07/ 15 by jd in Global News

“As the world’s largest exporter, China continues to benefit from robust global demand, but the increase in tensions and trade barriers with the U.S. is weighing on the outlook…. President Xi Jinping may ultimately have to choose between softening his multi-year campaign to control debt levels, or letting growth dip below the target of 6.5 percent.”

 

LA Times (July 12)

2018/ 07/ 14 by jd in Global News

“A visit from The Donald is the last thing England needs right now.” There’s a heat wave, wild fires, Britain’s loss in the World Cup, but most of all, it’s the ongoing turmoil over Britain’s departure from the European Union that will set the backdrop to the Descent of the Donald; an event which, for our embattled prime minister, Theresa May, must seem distinctly hellish.”

 

New York Times (July 12)

2018/ 07/ 13 by jd in Global News

“Sorry, NATO. Trump doesn’t believe in allies. Europe has to understand that in the American president’s twisted worldview, there are only fans and enemies.” European are “doomed if they think the issue now is how to salvage their alliance with the United States. The time for that has passed…. The challenge now for the leaders of Europe is learn to live in a world where America has no allies.”

 

Handelsblatt Global (July 11)

2018/ 07/ 12 by jd in Global News

“Donald Trump is in Brussels surrounded by unhappy faces and that’s not just Belgian soccer fans. The US president is attending the summit of the North Atlantic Treaty Organization and the rumble started before the first round of coffee.”

 

Forbes (July 9)

2018/ 07/ 11 by jd in Global News

“Investors seem willing to bet that the near-term winner of the trade war is Trump. However, the detrimental effects of an escalating trade war are being considered by central bankers here and in Europe. The negative impact mainly comes from a worsening in business sentiment and corporate investment.”

 

The Guardian (July 8)

2018/ 07/ 10 by jd in Global News

“Theresa May’s fragile deal would be a disaster for Britain.” The Prime Minister secured “a fragile domestic political compromise only by confecting a solution that no one thinks the EU will accept. And even in the unlikely event that the EU were to sign on the dotted line, there is no disguising that while it may be better than dropping out with no deal, the Chequers agreement would be a terrible outcome.” Britain would no longer have a say “in shaping the rules of the world’s most successful trading bloc…in exchange for becoming a rule-taker in whatever scrappy free trade deal we can negotiate.”

 

The Economist (July 7)

2018/ 07/ 09 by jd in Global News

“The world’s most titanic commercial fight” is pitting “the towering giants of American and Chinese tech” against each other. It is “led by the FAANGs (Facebook, Amazon, Apple, Netflix and Google’s parent, Alphabet) on one side and the BATs (Baidu, Alibaba and Tencent) on the other.” The battle has largely stayed under the radar. “But its outcome could put third countries in one camp or the other, increasing the risk that the world eventually splits into two techno-blocs.”

 

South China Morning Post (July 6)

2018/ 07/ 08 by jd in Global News

As the U.S. and China begin to “spar over trade, Japan may avoid a direct hit – for now.” While the first round of tariffs is “expected to have limited impact,” the dispute “could lead to further appreciation of yen and punitive duties on Japanese cars” if it continues to spiral out of control.

 

Institutional Investor (July 5)

2018/ 07/ 07 by jd in Global News

“Behind the best performing endowment funds are investment committees stacked with professional investors in alternative asset management, according to new research which found that “Board expertise within alternatives broadly and private markets specifically was proven to lead to higher performance among endowments.”

 

 

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