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Liberal democracies must embrace the concept of friendshoring
Chrystia Freeland is Canada’s former Deputy Prime Minister, Foreign Minister, and Minister of Finance. She is the author of numerous books, most recently Unreliable Boyfriend: An Insider’s View of Dealing with a Chaotic Superpower, Plutocrats, and Oth…
Midterms to test Trump’s support in working class
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WASHINGTON — The midterm elections are a test for the working-class coalition that lifted Trump into the White House and gave majorities to Republicans in the Hou…
A gut punch in Ohio: Nearly 1,400 laid off at truck factory just days before Trump rally
An Ohio race could help determine control of the Senate. Republican Sen. Jon Husted is facing a challenge from former Democratic Sen. Sherrod Brown, who is trying to harness that disenchantment as he attempts a comeback two years after losing his seat…
Led by China and US borrowing, the world now owes a record US$365 trillion debt: IIF
Global debt climbed to a record high of more than US$365 trillion in the first half of the year, with China and the United States accounting for the bulk of the increase, according to the latest findings by the Institute of International Finance (IIF)…
Led by China and US borrowing, the world now owes a record US$365 trillion debt: IIF
Global debt climbed to a record high of more than US$365 trillion in the first half of the year, with China and the United States accounting for the bulk of the increase, according to the latest findings by the Institute of International Finance (IIF)…
World is ‘probably stuck with the dollar for now’: Oaktree’s Howard Marks
In his latest memo, Shall We Repeal the Laws of Economics – Part III, Marks said the euro remains the second-largest reserve currency but has failed to close the gap with the dollar.…
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Global funds, same tech bet? The diversification trap Indian investors may miss
Global diversification is not simply about adding more countries to a portfolio. Most Indian investors already have their core equity exposure at home, through something like the Nifty 500 index, and are now looking to add the United States, Taiwan, So…
China’s scared, too: Behind every power, domestic insecurity lurks
‘The king is a boat and the people are water. Water can carry the boat and overturn it, too.’
— Ancient Chinese proverb
Ethan Lou is the Opinion Editor in The Globe and Mail’s Report on Business.…
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Fed hike, RBI moves hand India bonds a fifth weekly loss
Indian government bonds sagged for a fifth consecutive week on Friday as a Federal Reserve rate hike and the Reserve Bank of India‘s liquidity clampdown emboldened bond market bears positioning for domestic policy tightening ahead.…
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As US leadership proves unreliable, Asia needs to start focusing on itself
The Group of 20 (G20) was launched in 1999 amid high hopes that Asia and other emerging regions of the world would gain a stronger voice in global economic and financial affairs.…
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