Category World

TPP

The fledgling Trump administration has withdrawn the United States from the Trans-Pacific Partnership, a so-called trade deal that was kind of hobbling along on the brink of death, anyway. Though Obama spent all last year and most of his major-policy effort stumping for the TPP it never really looked like it would have overwhelming support […]

CHINA WANTS A WORLD BANK

China has been proposing a new World Bank-ish organization to several Asian neighbors, offering even to put up much of the $50 billion to get the thing going. China wants to have a controlling stake in a large financial instrument that can quickly fund infrastructure projects in neighboring countries. The new bank would, I assume, […]