Wall Street Journal (December 6)
“2024 is the year the global spillover implications of China’s slowdown will sink in. Advanced economies will downgrade the importance of market access in China, and Global South nations will be forced to find other engines of development.” This will lead to “a new phase of geopolitical conditions, with the anchor assumption of a rising China and declining U.S. being retired. The implications of this will be far reaching and challenging to forecast.”
Tags: 2024, Advanced economies, Assumption, Challenging, China, Downgrade, Far-reaching, Geopolitical conditions, Global South, Global spillover, Implications, Market access, Slowdown, U.S.
Financial Times (May 9)
To increase market access and streamline operations, “many of the world’s largest financial exchanges are transforming the way they run global capital markets” by adopting cloud computing technologies. CME Group “will move its IT infrastructure and markets to the cloud” through a partnership with Google while “Nasdaq and Amazon Web Services announced a similar collaboration” to transfer Nasdaq’s “North America-based markets to a cloud computing environment.” As the transition progresses, AI and quantum computing look poised to play more integral roles.
Tags: AI, AWS, Capital markets, Cloud computing, CME Group, Collaboration, Financial exchanges, Global, Google, IT infrastructure, Market access, Markets, Nasdaq, Operations, Streamline, Transforming
Guardian (February 10)
“Across the UK, firms and consumers are discovering costs of Brexit that Mr Johnson denied. That denial was born of a failure to understand the trade-off between regulatory autonomy and market access. The prime minister swapped seamless trade for notional sovereignty and passed the cost on to unsuspecting businesses. Naturally, he wants to blame the EU for any pain. These are not teething troubles in implementation of the deal. They are the deal.”
Tags: Blame, Brexit, Consumers, Costs, Denial, EU, Failure, Firms, Johnson, Market access, Regulatory autonomy, Seamless trade, Sovereignty, Trade-off, UK
