International Economics: IB Economics
10.2K views | +0 today
Follow
International Economics: IB Economics
Economy
A collection of articles relating to the 'international' elements of Economics and relating to IB, Pre-U and A-Level Economics.
Curated by Graham Watson
Your new post is loading...
Your new post is loading...
Scooped by Graham Watson
April 12, 2018 1:42 PM
Scoop.it!

WTO warns over tit-for-tat trade wars

WTO warns over tit-for-tat trade wars | International Economics: IB Economics | Scoop.it
From www.bbc.co.uk - April 12, 2018 1:40 PM
The World Trade Organization says global trade is booming - now is not the time to put it at risk.
Graham Watson's insight:
The WTO have joined the IMF in highlighting the adverse consequences of any prospective trade war. Stands to reason, really. 
more...
No comment yet.
Sign up to comment
Scooped by Graham Watson
April 11, 2018 6:08 AM
Scoop.it!

IMF boss says world trade system in danger of being torn apart | World news | The Guardian

IMF boss says world trade system in danger of being torn apart | World news | The Guardian | International Economics: IB Economics | Scoop.it
From www.theguardian.com - April 11, 2018 1:24 AM

Lagarde says ‘darker clouds looming’ for global economy amid US-China tensions

Graham Watson's insight:
The IMF with a pessimistic view of the future of trade.
more...
No comment yet.
Sign up to comment
Scooped by Graham Watson
April 5, 2018 1:54 PM
Scoop.it!

What next for Trump's trade agenda?

What next for Trump's trade agenda? | International Economics: IB Economics | Scoop.it
From www.bbc.co.uk - April 5, 2018 1:53 PM
Some believe the president's confrontational approach could reverse decades of trade liberalisation.
Graham Watson's insight:
More on the trade war/dance.

What next? 
more...
No comment yet.
Sign up to comment
Scooped by Graham Watson
April 5, 2018 1:42 PM
Scoop.it!

US trade deficit widens in February

US trade deficit widens in February | International Economics: IB Economics | Scoop.it
From www.bbc.co.uk - April 5, 2018 12:31 PM
America's international trade hits a monthly record, but its trade deficit also widens.
Graham Watson's insight:
The US trade deficit has widened. Ideal solution? Start a trade war, I'd have thought...
more...
No comment yet.
Sign up to comment
Scooped by Graham Watson
April 3, 2018 7:16 AM
Scoop.it!

Soybeans sow seeds of discontent in US and China's trade war

Soybeans sow seeds of discontent in US and China's trade war | International Economics: IB Economics | Scoop.it
From www.telegraph.co.uk - April 1, 2018 7:14 AM
The soya bean market has become an unlikely flashpoint in the global trade wars.
Graham Watson's insight:
A sign of a trade war? Watch for figures relating to Chinese soyabean production. The Chinese are large importers of US soyabeans, and any move to produce more domestically might suggest that the Chinese are serious about initiating a fully-fledged trade war. 
more...
No comment yet.
Sign up to comment
Scooped by Graham Watson
April 3, 2018 6:42 AM
Scoop.it!

Zimbabwe's struggling timber industry

Zimbabwe's struggling timber industry | International Economics: IB Economics | Scoop.it
From www.bbc.co.uk - April 3, 2018 6:36 AM
Timber producers in Zimbabwe are having to diversify in an increasingly difficult market.
Graham Watson's insight:
A fascinating story of how changing market dynamics affect an industry. A slump in construction means that demand for timber has fallen and this has an obvious effect on the price of timber, but at the same time, production costs have risen, meaning that profit margins in the sector has been squeezed. 
more...
No comment yet.
Sign up to comment
Scooped by Graham Watson
March 27, 2018 2:49 AM
Scoop.it!

The middle is being squeezed – can it recover? | Business | The Guardian

The middle is being squeezed – can it recover? | Business | The Guardian | International Economics: IB Economics | Scoop.it
From www.theguardian.com - March 26, 2018 11:22 AM
From class to politics to business, the middle was linked to stability – now things are less predictable
Graham Watson's insight:
Aha! The squeezed middle - a result of technological change and globalisation creating winner-takes-all markets. An interesting historical perspective - and a phenomenon that historians, in particular, should be fascinated by.
more...
No comment yet.
Sign up to comment
Scooped by Graham Watson
March 27, 2018 2:31 AM
Scoop.it!

Kenya’s Entrepreneurial Explosion

From www.youtube.com - March 25, 2018 6:00 PM

10,000 miles outside Silicon Valley, start-ups are booming in Nairobi, Kenya. Take a tour of Nairobi Garage – Africa’s largest co-working space – and see for yourself

Graham Watson's insight:
Entrepreneurship is vital to a growing economy, and this International Finance Corporation clip highlights the fact that digital entrepreneurs are playing a growing role in the development of Kenya.
more...
No comment yet.
Sign up to comment
Scooped by Graham Watson
March 26, 2018 2:02 AM
Scoop.it!

Former Bank of England guru warns Trump’s ‘economic madness’ will lead world into recession

Former Bank of England guru warns Trump’s ‘economic madness’ will lead world into recession | International Economics: IB Economics | Scoop.it
From www.telegraph.co.uk - March 25, 2018 1:59 AM
Donald Trump’s “economic madness” will push the US into a sharp ­recession that risks dragging the rest of the world down with it, one of Britain’s most senior economists has warned.
Graham Watson's insight:
A sober assessment of the impact of Trumponomics from a former Bank of England policymaker. Alas, to people with a degree of sense, this sort of thing comes as no surprise. But are we being fooled by our cognitive biases into favouring this view. It is clear that the President has little to commend him as either human being or President, and we're all desperately keen for him to fail - or be impeached - so whilst I'd like to agree with the story, I confess that I'm also sceptical too.
more...
No comment yet.
Sign up to comment
Scooped by Graham Watson
March 24, 2018 2:48 AM
Scoop.it!

Donald Trump to impose tariffs on $60bn of Chinese imports

From www.youtube.com - March 22, 2018 7:00 PM

US President Donald Trump announced plans for tariffs of 25% on up to $60bn in Chinese imports, heightening fears of a trade war between the world’s two largest economies and sending US stocks sharply lower.

Graham Watson's insight:
President Trump outlines the reasons for his introduction of $60bn worth of tariffs on China. Except that it isn't - other than suggesting that China doesn't respect intellectual property rights (IPRs) and that this is a way to correct the US trade deficit, both with China and the rest of the world. 

He has some sort of point with the first argument. But that second, whilst appealing to his political supporters, just isn't good economics.
more...
No comment yet.
Sign up to comment
Scooped by Graham Watson
March 22, 2018 4:52 PM
Scoop.it!

A trade war would be bad, but Trump does have a point | US news | The Guardian

A trade war would be bad, but Trump does have a point | US news | The Guardian | International Economics: IB Economics | Scoop.it
From www.theguardian.com - March 22, 2018 3:14 PM
China has been flouting intellectual property rules and it does has more to lose
Graham Watson's insight:
Nils Pratley's business briefs are always informative: the first part of this is very good, and gives a rationale for the latest US tariffs on Chinese exports. 
more...
No comment yet.
Sign up to comment
Scooped by Graham Watson
March 22, 2018 4:25 PM
Scoop.it!

Trump reveals $60bn of fresh tariffs on China as EU wins reprieve | Business | The Guardian

Trump reveals $60bn of fresh tariffs on China as EU wins reprieve | Business | The Guardian | International Economics: IB Economics | Scoop.it
From www.theguardian.com - March 22, 2018 3:10 PM
US president calls on Brussels to respond in kind to temporary amnesty, while move against Beijing hits stock markets
Graham Watson's insight:
More on the latest round of tariffs imposed by the US, this time against China. I love the fact that the President argues that the "US trade deficit with Beijing was out of control at about $504bn" without accepting any Us responsibility for this. 

I'm a simple fellow. However, I suspect that this particular trait is a long-standing one as far as the President is concerned. 
more...
No comment yet.
Sign up to comment
Scooped by Graham Watson
March 22, 2018 4:21 AM
Scoop.it!

EU leaders remain hopeful that Trump will grant them an exemption to US trade tariffs

EU leaders remain hopeful that Trump will grant them an exemption to US trade tariffs | International Economics: IB Economics | Scoop.it
From www.telegraph.co.uk - March 22, 2018 4:19 AM
EU leaders will looking to avoid a full-blown confrontation over trade with the Trump administration today, as efforts continue to broker an EU exemption from looming US steel and aluminium tariffs, EU sources said.
Graham Watson's insight:
More on US tariffs: we're not in on the deal, but we're 'hopeful' of exemptions. This is the world we live in. 'Hopeful'.

Are there any more straws that we can clutch at?
more...
No comment yet.
Sign up to comment
Scooped by Graham Watson
April 11, 2018 6:10 AM
Scoop.it!

Xi strikes conciliatory tone on trade but offers few concessions | World news | The Guardian

Xi strikes conciliatory tone on trade but offers few concessions | World news | The Guardian | International Economics: IB Economics | Scoop.it
From www.theguardian.com - April 11, 2018 4:04 AM

Chinese president’s comments may be enough to tamp down escalating rhetoric

Graham Watson's insight:
The games have commenced - but the Guardian hopes that President Xi's recent comments might serve to damp down fears of an all out trade war.
more...
No comment yet.
Sign up to comment
Scooped by Graham Watson
April 9, 2018 4:43 AM
Scoop.it!

Why China is targeting US hogs and Harleys

Why China is targeting US hogs and Harleys | International Economics: IB Economics | Scoop.it
From www.bbc.co.uk - April 6, 2018 12:56 PM
How American livestock and motorcycles became unlikely weapons in a looming trade war.
Graham Watson's insight:
Hogs and Harleys: the BBC looks at how Chinese tariffs are likely to affect the American economy, focusing on the direct impact of Chinese tariffs on the economy of Iowa and other states, notably their political implications.
more...
No comment yet.
Sign up to comment
Scooped by Graham Watson
April 5, 2018 1:53 PM
Scoop.it!

Not a trade 'war' but a trade 'dance'

Not a trade 'war' but a trade 'dance' | International Economics: IB Economics | Scoop.it
From www.bbc.co.uk - April 5, 2018 1:52 PM
The public declarations of potential tariffs are dramatic, but US and Chinese officials are still talking.
Graham Watson's insight:
If it looks like a trade war, sounds like a trade war, and acts like a trade war, then it's probably a trade war. Not a 'trade dance' as some would like to style it. 
more...
No comment yet.
Sign up to comment
Scooped by Graham Watson
April 3, 2018 7:18 AM
Scoop.it!

China retaliates against Trump tariffs with levy on US food imports | World news | The Guardian

China retaliates against Trump tariffs with levy on US food imports | World news | The Guardian | International Economics: IB Economics | Scoop.it
From www.theguardian.com - April 2, 2018 7:54 AM
Responding to US president’s tariffs on steel and aluminium, China targets 120 US products including a 25% tariff on frozen pork
Graham Watson's insight:
The Guardian on the Chinese retaliation - 120 products have been targeted, including frozen pork. Here we go.
more...
No comment yet.
Sign up to comment
Scooped by Graham Watson
April 3, 2018 7:07 AM
Scoop.it!

China hits back at Trump tariffs - but US could launch new tech taxes this week

China hits back at Trump tariffs - but US could launch new tech taxes this week | International Economics: IB Economics | Scoop.it
From www.telegraph.co.uk - April 2, 2018 7:05 AM
US stocks tumbled as China followed through on a threat to retaliate against American tariffs with border taxes of its own.
Graham Watson's insight:
Round 3: the US is likely to introduce a fresh round of tariffs, including tech taxes. 

When will this nonsense end? And who is gaining? 
more...
No comment yet.
Sign up to comment
Scooped by Graham Watson
April 3, 2018 6:38 AM
Scoop.it!

White House criticises China for $3bn tariffs on US imports

White House criticises China for $3bn tariffs on US imports | International Economics: IB Economics | Scoop.it
From www.bbc.co.uk - April 3, 2018 6:34 AM
Markets lurch as Beijing imposes tariffs on 128 US products, including pork, wine and aluminium.
Graham Watson's insight:
The Chinese have responded to US tariffs with a raft of tariffs of their own. Beijing has put duties of up to 25% on 128 American imports. And the Americans don't like it - well, I never. Here comes the possibility of a trade war. But they're apparently easy to win. Watch this space!
more...
No comment yet.
Sign up to comment
Scooped by Graham Watson
March 27, 2018 2:34 AM
Scoop.it!

IMF wades into eurozone integration row

IMF wades into eurozone integration row | International Economics: IB Economics | Scoop.it
From www.telegraph.co.uk - March 26, 2018 2:32 AM
The head of the world’s lender of last resort has waded into the row about greater fiscal and banking union among eurozone member states, throwing the institution's backing behind plans for a more economically integrated currency union.
Graham Watson's insight:
The Telegraph highlights the fact that the IMF appears to endorse closer economic integration within the EU. However, whether this is 'news' per se, or part of the Telegraph's attempt to portray remaining in the EU as a fate worse than Brexit.
more...
No comment yet.
Sign up to comment
Scooped by Graham Watson
March 26, 2018 9:51 AM
Scoop.it!

Paper tigers? US and China in dispute over tariffs but trade war looks remote | Business | The Guardian

Paper tigers? US and China in dispute over tariffs but trade war looks remote | Business | The Guardian | International Economics: IB Economics | Scoop.it
From www.theguardian.com - March 25, 2018 8:00 AM
Trump made a big play of slapping tariffs on Chinese imports, but experts say neither side will risk escalating the current spat
Graham Watson's insight:
The Guardian argues that, although the rhetoric is incendiary, the likelihood of a full-blown trade war between the US and China is unlikely, because it isn't in anyone's interest. Let's hope they are right.  
more...
No comment yet.
Sign up to comment
Scooped by Graham Watson
March 24, 2018 2:51 AM
Scoop.it!

Trump accused of ‘putting gun to EU’s head’ as trade fears mount

Trump accused of ‘putting gun to EU’s head’ as trade fears mount | International Economics: IB Economics | Scoop.it
From www.telegraph.co.uk - March 23, 2018 2:49 AM
Stock markets dived again on Friday as Donald Trump faced a barrage of criticism for launching a $60bn (£42bn) package of tariffs on Chinese goods, sparking fears of a global trade war.
Graham Watson's insight:
It seems that the EU is bracing itself for a trade war.
more...
No comment yet.
Sign up to comment
Scooped by Graham Watson
March 23, 2018 3:41 AM
Scoop.it!

China 'not afraid of a trade war'

China 'not afraid of a trade war' | International Economics: IB Economics | Scoop.it
From www.bbc.co.uk - March 23, 2018 3:40 AM
Beijing says it firmly opposes new US tariffs and that it is capable of meeting any challenge.
Graham Watson's insight:
Let the games begin!
more...
No comment yet.
Sign up to comment
Scooped by Graham Watson
March 22, 2018 4:27 PM
Scoop.it!

Trump's China tariffs risk 'tit-for-tat protectionism' that threatens world economy | US news | The Guardian

Trump's China tariffs risk 'tit-for-tat protectionism' that threatens world economy | US news | The Guardian | International Economics: IB Economics | Scoop.it
From www.theguardian.com - March 22, 2018 3:38 PM
Experts say US and Chinese consumers will see higher prices – and fear other countries will be dragged in to the dispute
Graham Watson's insight:
Hurrah! 

A trade war looms: easy to win, apparently.
more...
No comment yet.
Sign up to comment
Scooped by Graham Watson
March 22, 2018 3:43 PM
Scoop.it!

EU and six other countries exempted from US metals tariffs

EU and six other countries exempted from US metals tariffs | International Economics: IB Economics | Scoop.it
From www.bbc.co.uk - March 22, 2018 3:41 PM
The US trade representative says the import duties have been "paused" while further talks take place.
Graham Watson's insight:
Good oh! The EU and six other economies have been excused from the recently-introduced steel and aluminium tariffs. That, at least, is a good thing. However, isn't it nice to have our trade policy dictated by the whims of President Trump.

I'm looking forward to fiscal and monetary policy being determined on the same basis. 
more...
No comment yet.
Sign up to comment
About Follow us Resources Terms Mobile Features
Facebook
X
LinkedIn