28 January 2021 Joe Biden is now the 46th President of the United States, and Anthony Blinken has been confirmed as the new Secretary of State. President Biden has promised substantive changes in American foreign policy, and initial Executive Orders indicate he will act on this pledge. To be sure, American international policy decisions are … Continue reading Biden’s Foreign Policy Reset: Market Impact
13 January 2021 There are no winners in Brexit, or so they say. In the recently agreed EU-UK Free Trade Agreement (FTA), the United Kingdom was able to "regain control" of its immigration policy, to maintain tariff-free access to the EU Single Market (for now at least), to regain the ability to negotiate independent trade … Continue reading Ireland: The Brexit Victor?
4 January 2021 Finally, nearly 1,500 days after the Brexit referendum, the United Kingdom has both left the European Union and signed a Free Trade Agreement (FTA) outlining its future trading relationship with its largest partner. Political partisans will continue to defend their entrenched positions regarding the merits of this deal. On the one hand, … Continue reading Brexit: Do Markets Think It’s Worth the Price?
1 December 2020 As the holiday season approaches, much of the world is battling a Second Wave of the Coronavirus. To be sure, world leaders are confronting unprecendented challenges, and tough decisions are required. Throughout the pandemic, many policymakers, as well as members of the media and general public, portray the options as a choice … Continue reading Asia: Global Growth Engine in 2021