Home » Economy

Category: Economy

Trump Orders Review of Dodd-Frank Act Rules

Finance Investment Trading

Today Trump signed the executive order, requesting Treasury Department to investigate financial regulations, enacted by the Obama administration after the financial crises of 2008. The order is targeting the controversial Dodd-Frank Act.  The second directive halts the Labor Department rule that requires brokers to act in a client’s best interest, rather than seek the highest …

Read more

Can Trump Stop Manufacturing Jobs From Moving Overseas?

Automation replacing workers at manufacturing jobs

Over the last decades we have witnessed massive flight of manufacturing jobs from the United States, as companies were trying to take advantage of low cost labor in the developing countries. The practice of outsourcing, or moving production overseas, made perfect economical sense, stimulating international trade, increasing profit of corporations and reducing the price of …

Read more

Trump Border Tax and the Dollar Appreciation

Finance Investment Trading

The proposed ‘major’ border tax on goods, manufactured by the US corporations overseas is causing a lot of discussions. One of the commonly raised questions is whether the latest dollar rally is posed to continue, adding to disbalances in global economy. The dollar growth following the Trump election was based on expectations of policy changes. …

Read more

Trump’s Withdrawal from TPP

Finance Investment Trading

As promised during campaign, Trump signed official withdrawal from TPP, effectively ending the negotiation with the potential Asian-Pacific partners. Killing TPP stems from the idea of the new administration that compared to the collective negotiations, individual negotiations with each country will lead to better ‘deals’ for the US. The opinions on TPP are polarized and …

Read more

China’s ‘Iron Fist’ Policy

China

As Chinese leaders preach openness and free market all around the world, their policy at home is quite opposite. While certain economic freedoms exist, the ruling Communist party is keeping total control over significant chunk of the industry, information space and judicial system. Bloomberg reports: Xi’s speech at the World Economic Forum came days after …

Read more

Russia Country Report: BTI 2016

Russia Country Report

Bertelsmann Stiftung’s Transformation Index BTI 2016 for Russia was recently released. The Russia Country Report contains comprehensive characterization of economic, political and social developments. You may find the full text here. Below are excerpts from the report. Summary “At the time of writing, Vladimir Putin has been in power for more than fifteen years. Putin …

Read more

Russian Economy: What is Next?

russian economy

Low crude oil prices negatively impact the economies of oil producing countries. Russia is not exception, and its economy is experiencing an obvious decline. BBC reports: “Russia’s economy contracted by 3.7% in 2015, according to preliminary figures published by the country’s statistics service. Retail sales plunged by 10% and capital investment fell by 8.4% in …

Read more