Inflation – Beyond the Headlines and Beyond the Borders: Specialised Investment Research and Analysis from PGM Global Inc.

Chinese PPI: A hero of Our Time Chinese Producer Prices (PPI) are an important indicator for DM equities and, indeed, for global inflation. Since China joined the WTO in 2001 and became the world’s workshop, Chinese PPI has tended to

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World Bank: Sustained Global Solidarity Needed to Achieve Global COVID-19 Recovery

The pandemic has affected virtually everyone in the world, but its impacts have been hardest on the poor and vulnerable, deepening inequalities and exacerbating underlying challenges. Now more than ever, global solidarity is needed to address the widening gaps between

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Lord Waverley on WTO: Inclusive and Sustainable Trade Reforms are Vital for Shared Benefits

The previous US administration, the politicisation of trade and a looming economic crisis due to the pandemic and Brexit are creating an environment of protectionism. This must not be allowed to happen, argues Lord Waverley. The need has never been

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Joe Biden No Panacea to Global Trade Troubles

The imminent departure from the White House of the self-styled dragon-slayer does not necessarily bode well for Chinese President Xi Jinping. Though the incoming Biden Administration is expected to take a less ideological approach to international trade, a reappearance of

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Between a Rock and a Hard Place: UK Discovers the Hard Limits of Its ‘Newfound’ Sovereignty

It is not a good time to be a supporter of Brexit. If spin were a tradeable commodity, all would be exceptionally well in the realm. Alas, it is not. The attempt by Prime Minister Boris Johnson to supplant essential

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Ana Palacio: Europe on a Geopolitical Fault Line

Two months ago, in his address to the United Nations General Assembly, UN Secretary-General António Guterres expressed his fear that a “Great Fracture” could split the international order into two “separate and competing worlds,” one dominated by the United States

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Otaviano Canuto, Center for Macroeconomics and Development: China’s Rebalancing Act is Slowly Addressing Sliding Growth Figures

China’s economic growth has been sliding since 2011, while its economic structure has gradually rebalanced toward lower dependence on investments and current-account surpluses. Steadiness in that trajectory has been accompanied by rising levels of domestic private debt, as well as

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Robert Azevêdo: Levelling the Playing Field

In times such as these, with rapidly escalating trade tensions and countries engaging in tit-for-tat spats that can – and do – spin out of control, the job of Roberto Azevêdo, director-general of the World Trade Organisation, becomes nearly impossible.

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Mukhisa Kituyi: Growing Intra-African Trade Flows

What Africa sells to Africa has significantly more value than what the continent sells to the wider world – mostly commodities whose prices are determined on distant shores and cannot be controlled by the producers. Mukhisa Kituyi, Secretary-General of the

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US Trade Policy: End of the Liberal World Order

The established wisdom, first formulated and then imposed by the United States, says that trade encourages nations to maintain peace. In the decades following the end of World War 2, the US erected a new world order based on the

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