Why Trump’s Policies Will Probably Result in a Trade War with China
by Prof. Dr. Steve H. Hanke
The United States has recorded a trade deficit in each year since 1975. And this is not surprising...
The Grand Transition – Reacting to the Upheaval of the Energy Markets
by Michael Sen
Two years have now passed since we announced the radical realignment of E.ON to the energy markets of the future and the spinoff of the conventional power
generation and other traditional system businesses into the Uniper Group. Based on our analysis, the businesses of conventional energy supply and those of the
emerging energy future could no longer be managed ideally under one roof.
Pains of German interdependence - Oswald Spengler’s doctrines strike home
By David Marsh
'Germany is not an island. No country is in the same degree woven actively or passively into the world’s destiny. Germany’s geographical position, its lack of natural borders, condemn it to this role. In the 18th and 19th centuries it was "Mitteleuropa", in the 20th it is once again a buffer against "Asia". The Germans, more than anyone, must think politically and economically well beyond their borders. Everything that happens afar sweeps through to the heart of Germany.'
After immigration, it’s London v the euro area - Europe starts preparing for future without the UK
By Jacques Lafitte and Denis MacShane
To read the press, 99% of the discussion over the deal that British Prime Minister David Cameron hopes will avoid Brexit has focused on supplements for low-pay European workers with children.
But this focus on EU migrant workers has obscured a much bigger issue – particularly in France and maybe not just there. In Paris, the issue is not what the UK does on immigration, but rather London’s bid for oversight of the euro area’s development.
Danger of the super-dollar: Emerging market debt bubble is worse than 2007-08.
By Marcello Minenna in Milan and Edoardo Reviglio in Rome
The dollar has reached its highest level since the early 2000s on a trade-weighted basis. This reflects higher US interest rates, expansive monetary policies elsewhere, and rising international tensions. The ‘super-dollar’ cheapens exports to America’s still world-beating economy, helping the world recovery.
Market Volatility: A Driving Force for Corporate Strategy
by Dr. Andreas Ludwig
Flexibility is key when dealing with volatility and creates security. International diversification can help absorb different fluctuations. But especially the organization’s ability to adapt to changing markets is crucial. Dr. Andreas Ludwigs, CEO of the Umdasch Group, outlines what measures his company has taken to reach this ability.