Global Economy, Competitiveness, Economic Environment, Labor, Money & Finance
The manufacturing sector has barely scratched the surface of unfolding digital upheavals (often dubbed ‘industry 4.0’), but others are already far along in their journeys to grow into the future. This future was very much the focus of a brief conference held by Aspen Institute Italy in early November devoted to “digital disruption and the post-4.0 economy”.
After multiple holdups, a new trade agreement has been reached between the EU and Canada. The Comprehensive and Economic Trade Agreement (CETA), for which negotiations began in 2009, was signed on October 30 after the EU bridged differences among some constituencies.
The U.S., meanwhile, has not concluded a trade deal since 2012, despite having two in the works for years. What’s holding them up?
Global Economy, Economic Environment, Recession, Money & Finance, Currency, GDP
In an era full of “unthinkable” events, the world is now confronted with what might become the largest change in the global economic order since the end of the Cold War. Stemming from a close and angry UK election, we all woke up last Friday morning to find that the world’s fifth-largest economy
Risk aversion, high unemployment, growth slowdowns, recessions, and geopolitical crises in key global economies are just a few of the factors holding back global growth. Overall, tighter financial conditions are leading to stock market corrections and a loss of confidence.
Global Economy, Economic Environment, Regional Economic Integration, Money & Finance, Currency, Government Finance
The European Central Bank is making another attempt at stability through dramatic measures. Europe's falling prices, currency, punitive rates on bank profits, and convoluted politics all complicate the effects of policymaking. Recent data on industrial production and GDP have been promising, however.