Deglobalization Round-up: March 18March 18, 2023
Vanguard ditches China, and so do software developers. Plus: A potential TikTok ban, the EU moves to restrict investments in overseas production facilities, and a new paper points to the benefits of reshoring API Production.
Deglobalization Round Up: February 2February 2, 2023
Nucor sees reshoring pushing up demand for it steel and US forgers call for continuing tariffs on China. Plus, Sony moves out of China, Europe's wake-up, the US courts India, and concerns over TuSimple.
The Week That’s Done: December 25December 25, 2022
Geopolitics goes back to basics: Zimbabwe bans lithium exports, the EU imposes a(n easily evaded) gas price cap, China and India snap up cheap Russian fuels, and the US moves forward on a strategic uranium reserve. Plus Myanmar and Russia coordinate on nuclear energy, the Bank of Japan shocks investors, and the US turns to Africa.
Deglobalization Round-Up: December 9December 9, 2022
The EU sues China at the WTO as Beijing's effort to weaponize globalization come into sharp relief. Meanwhile, are semiconductors the canary in the coal mine for deglobalization?
The European Commission’s Fiscal Policy Proposal Risks European CrisisDecember 9, 2022
Now on the European political table is the European Commission's proposal on the rules to govern fiscal policy of member states. Dr. Gustavo Piga argues that this proposal is even worse than its predecessors. It threatens to make an already fragile continent weaker. Italy should issue a resounding veto.
Global Gateway Can Succeed – If It Focuses on Trusted ProductionNovember 15, 2022
The best prospect for getting Global Gateway going strong would be to understand that it must be turned into a tool that finances the external dimension of a European industrial policy cognizant of the need to diversify, to cut dependencies vis-à-vis authoritarian countries, and to find new ways of partnering with the Global South towards sustainable development.
An Economic Policy to Save Italy, and EuropeAugust 18, 2022
How to craft an economic policy capable of saving Italy, and with it Europe? We have a few alternatives, summarized by the so-called "austerity trilemma" that affects the euro-area: You cannot have austerity (the loss of the possibility of using fiscal policy with increased public demand to counter adverse shocks and help the weakest), democracy, and a common euro currency simultaneously. We have to choose two of the three.
The Week That’s Done: July 24July 24, 2022
The EU's twin energy and economic crises threaten the bloc's cohesion, also political losses on those struggling to hold it together. Plus: Inflationary pressures mean no tariffs on Russian fertilizer, dumping be damned; the EV revolution strengthens China's auto hand; monkeypox is a global health emergency; and more fun fun fun.
The Week That’s Done: June 19June 20, 2022
Washington brings supply-side tools to a demand-side fight; the EU fares no better. Meanwhile Moscow turns off gas to Europe while Beijing continues to snipe chip tech. Plus: All eyes on Xinjiang, the Yen, and the WTO's pyrrhic victory.
The Week That’s Done: June 5June 5, 2022
The EU promises that it will block most Russian oil imports maybe – all while production continues to stall and Australia offers worrying indicators of shortage ahead; plus we have European inflation, car companies as space companies, and a pyrrhic victory for the US.
Markets Briefing: Week of May 16May 22, 2022
US stocks hit their longest losing streak since the Great Depression – while continuing lockdowns in China, energy dilemmas in Europe, and a continuing failure to invest in domestic production suggest that a reversal of fortune is not on the horizon
Markets Briefing: Week of April 25April 30, 2022
Ping'an advises HSBC to split into an east and west operation -- which sounds like decoupling but could be the opposite; commodities markets wrestle with a liquidity squeeze; the EU steps up (kind of) for Lithuania amid trade dispute with China, and China continues to find loopholes in US trade regulations
Factors Briefing: Week of April 4April 9, 2022
The global helium shortage puts chaos on the forecast -- and so does the EU's ban on Russian coal; China regains control of a major cobalt mine in the DRC
Markets Briefing: Week of March 28April 2, 2022
The EU makes a long-shot bid for gas market leverage; the Commerce Department wises up to China's solar tariff circumvention; and China's Securities Regulatory Commission looks to cozy up to the SEC