Macroeconomy & Globalization
U.S. President Donald Trump's withdrawal from the Trans-Pacific Partnership prompted the other 11 nations that were party to the agreement to forge ahead in a new pact without the U.S.
Following the Trump administration’s launch of tariffs on steel and aluminum, the director-general of the World Trade Organization (WTO), Roberto Azevêdo, spoke again with Global Finance, about the global body’s role and the expanding trade tiffs that could set off another worldwide economic collapse.
The head of the world’s largest economic cooperation organization speaks one-on-one with Global Finance about the pace of international trade—and the risks that confront it.
The UK’s decision to leave the EU and the dwindling strength of German Chancellor Angela Merkel, who saw her party diminished in Germany’s recent federal elections, have given Macron a rare chance to bolster French influence.
The deal sends a strong signal that two of the world’s major exporters still believe in the merits of open markets.
Japan approved new carrot-and-stick tax measures to bring corporate tax down to 25% for companies that raise wages by 3%, and to as low as 20% for those that invest in new technologies such as ICT and internet-of-things, on Thursday.
ManuelJesus Bautista, Governor, Central Bank of Honduras won an “A” grade in Global Finance’s annual Central Banker Report Cards 2017. He spoke with magazine editor Andrea Fiano about the growth prospects for Honduras' economy and how the country could see an increased rate of inflation for 2017.
Hector Valdez Albizu, Governor, Central Bank of Dominican Republic, spoke with Global Finance magazine editor Andrea Fiano about the country's fiscal and monetary policies, relations with the IMF and the road ahead for Dominican Republic's economy.
Carlos Fernandéz Valdovinos, governor of the central bank of Paraguay, was among the world’s top central bankers in Global Finance Magazine’s annual Central Banker Report Cards. Here, he talks with GFMag editor Andrea Fiano about how recovery in big neighboring economies is giving the Paraguayan economy a lift, and the need for reforms to continue.
Riad Salamé, governor, Banque du Liban, talks with Global Finance Magazine editor Andrea Fiano about Lebanon’s need to build infrastructure and reserves, and the central bank’s efforts to boost growth from around 2.5% to around 6% by boosting tech startups and entrepreneurship generally.
Karnit Flug, governor of the central bank of Israel, again won an “A” grade in Global Finance’s annual Central Banker Report Cards. She speaks with editor Andrea Fiano about Israel’s economy and the challenge of getting inflation to target, as well as global conditions and the threat of rising protectionism.