22nd December

GLOBAL Developments Bottomline: As the year inches to a close, the US and China are approaching a phase one trade deal (China announced a new list of tariff exemptions for US imports), while in the UK, PM Johnson is getting ready to ratify his Brexit deal. Major central banks have entered a “pause” mode in…

15th December

GLOBAL Developments Bottomline: Is the phase one trade deal news one to really cheer for? Given the history of “agreements” in the past, it might be worthwhile to wait for more clarity: the amount of agricultural goods Beijing agreed to buy is still unconfirmed (US claiming an agreement of purchases worth USD 40bn, though a…

8th December

GLOBAL Developments Bottomline: News about trade uncertainty dominated last week: be it the US threatening 100% tariffs starting early next year on $2.4bn worth of popular French products, or Trump’s tweet about re-imposing tariffs on steel from Brazil and Argentina, or his comment at NATO about liking the idea of “waiting until after the election”…