Economy & Business

A modernized NAFTA

By Ashish Kumar Sen

In negotiations that went down to the wire, Canada agreed on September 30 to join the United States and Mexico in a revised version of NAFTA. The new agreement will be referred to as the United State-Mexico-Canada Agreement (USMCA).

Meet the new NAFTA: The United States-Mexico-Canada Agreement

By Ashish Kumar Sen

With this breakthrough, Trump has fulfilled his campaign promise to rewrite NAFTA, which he has called “the worst trade deal in history.” The new agreement was negotiated “on the principle of fairness and reciprocity,” said Trump.

TRADE IN ACTION September 21, 2018

By Global Business & Economics Program

IMF throws Argentina a $57 billion lifeline

By Ashish Kumar Sen

Argentina’s economy has been battered by a run on the peso, double-digit inflation, and a severe drought that has impacted crop yields in one of the world’s largest exporters of soybean and corn.

Trump accuses China of meddling in midterms. It’s all about trade.

By David A. Wemer

Trump offered no specific evidence of China’s purported “meddling” during his speech, but tied it directly to the trade issue, saying Beijing wants him to lose “because I am the first president ever to challenge China on trade and we are winning on trade.”

New energy opportunities in Africa

By Africa Center and Global Energy Center

On the margins of the 73rd ordinary session of the United Nations General Assembly, the Atlantic Council’s Africa Center and Global Energy Center hosted a half-day conference focusing on new opportunities for development across Africa’s energy sector. The event featured welcoming and introductory remarks by Dr. J. Peter Pham, Atlantic Council vice president and Africa […]

Europe unlikely to avoid Trump’s Iran sanctions

By Samantha Sultoon

The establishment of a sanctions evasion tool would undermine the EU’s own sanctions enforcement by creating a domestic workaround that could to be applied to any other sanctions program now or in the future.

Getting creative about development

By Aubrey Hruby

African film, music, and fashion are exploding in popularity on the global stage. From Nigeria’s Nollywood film industry to the visual arts in South Africa, creative and cultural industries (CCI) represent a new realm of economic op­portunity. From artists to distrib­utors, Africa’s creative economy is currently estimated to employ about half a million people, generates […]