International Economics: IB Economics

The BBC news clip looks at the ongoing trade dispute between the US and China, with a number of prominent US political figures having recently visited the country, in the hope of resolving ongoing issues, notably protectionist measures and the subsequent retaliation. 

This comes against a background of the Chinese economy slowing. 

An odd story for the weekend with the World Trade Organisation's appeals court soon to be reduced to only one sitting judge, imperilling the ability of the organisation to resolve trade disputes.

The cause of this impasse is - unsurprisingly - the United States, with President Trump suggesting that the organisation has over-stepped its mandate and that it has often ruled against the United States.

It's suggested that there are some ways around the problem, but longer term, this stand-off isn't going to help global trade.

 A historic day for the WTO: its first female head, its first African head. This article looks at the background of Ngozi Okonjo-Iweala and how she's become the head of the body responsible for overseeing world trade. 

One of those - that's why they earn the big bucks moments.

The IMF, remarkably, predicts that the trade disputes are going to damage growth. Well, I never...