This year international trade agreements seem to have come under growing political and populist attack across the developed world. It has taken seven years for Canada and the EU to negotiate the Comprehensive Economic and Trade Agreement (CETA) only to…
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The global recovery is generally on track with the support of low interest rates, accommodating monetary policy, improving employment rates and growing consumption. The risks remain the potential for US protectionist trade policies, the pace of China’s growth, the growing…
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The economies of Latin America are finally turning a corner. After a few painful years of recession the region should return to growth in 2017. This turnaround is due to shifts in policy in Brazil and Argentina. Both countries have…
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Research from think tank Civitas has pointed out that if the Brexit negotiations fail to reach agreement and future trade is conducted under the World Trade Organisation (WTO) terms, the cost to EU business would be £12.9bn per year in…
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In the days following the Referendum, the value of the pound fell sharply by 13.5% and stock markets became volatile. A loss of confidence in the UK led to a rush for redemptions from retail commercial property funds. This forced…
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The fall in the value of sterling post-Brexit, the likely rise in the cost of imported goods to the UK and the stimulus policies of newly elected US President Trump has created the expectation of rising inflation. The BoE is…
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The level of currency outflows from China has again become a significant issue. In September, net outflows reached US$55bn while this does not match the outflows we witnessed in January 2016 when the mismanaged shift in exchange rate policy saw…
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Donald Trump vowed to ‘rebuild America from the ground up’. With Republicans now in control of both Chambers of Congress, he has the mandate to push ahead with few obstacles in his way. This will avert the past paralysis and…
Read more... The cross-channel trade in financial services, worth £30bn pa and employing over one million people, is underpinned by the EU passporting system which allows banks to operate freely across the continent. The City is the UK’s single most significant sector…
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