To help evaluate whether the market response is warranted or exaggerated, the author measured the trade impact of additional import tariffs based on standard economic theory, namely two key parameters—the tariff pass-through rate and the price elasticity of demand. The end of multilateralism seems clear, at least for trade.
The sanctions based assault on Russia by the US and its expanding sanctions regime is starting to take its toll as the Russian government and financial authorities scramble to manage the damage that is now affecting everything from corporate profits to foreign currency reserves.
Formula One's new owners are changing everything from camera angles to car designs, with the aim of turning every grand prix into a Super Bowl-like spectacle
A long time ago, in the bad old days of the 2000s, debates about the internet were dominated by two great tribes: the Optimists and the Pessimists.
Just recently, 16,000 gathered in Amsterdam for the International AIDS Conference—“AIDS2018.” Many leading figures painted a sobering picture: goals for global HIV/AIDS treatment and prevention goals are not likely to be attained, funding has declined, high-level political will is lacking, and there is the risk of a resurgent epidemic.
Replacing a free media with a state-run media has always been a first order of business for any corrupt regime taking over a country.
President Donald Trump, his opponents in the United States, and his critics in Europe have found common cause: opposing the planned Nord Stream 2 pipeline that would transport Russian natural gas to Germany. All sides are in rare agreement, but they are all misguided in their own ways.
Google’s Chrome browser is the most popular web browser on the planet by a massive margin.
The Turkish-US relationship is either experiencing its first serious fissure since 1975, or just another bump in the road. No one can be sure.
Since Donald Trump took office as US president, a new cottage industry in rational theories of his seemingly irrational behavior has developed. On one issue, however, no amount of theorizing has made sense of Trump: his treatment of America's oldest and most reliable ally.
As much as Americans love their football, most Europeans have never even watched an entire NFL game. The National Football League has high hopes to turn that around in the next five years.
Liberal democracy is in crisis where it was long thought most securely established. In both Western Europe and the United States, polls suggest voters are losing faith in democratic institutions; polarization and illiberalism appear to be on the rise.
12.3 ° C