Economy & Business

Renminbi ascending: How China’s currency impacts global markets, foreign policy, and transatlantic financial regulation

By Chris Brummer

How will the rise of China’s currency impact global markets, foreign policy, and transatlantic financial regulation? The report, titled “How China’s Currency Impacts Global Markets, Foreign Policy, and Transatlantic Financial Regulation” offers and elaborates on five principles for an effective internationalization process of the RMB: Agenda setting should be pragmatic, not aspirational; Reforms in legal […]

TTIP Action – June 18

By Global Business & Economics Program

German Chancellor Angela Merkel delivered her State of the Nation Address this week ahead of the EU Summit, emphasizing the importance of TTIP and her intent on working closely with President Obama to resolve any outstanding issues. This Week in a Nutshell Just a few moments ago, the House narrowly passed Trade Promotion Authority (218-208), […]

TTIP Action – June 16

By Global Business & Economics Program

After suffering a stinging rebuke from his fellow Democrats in the House, President Obama is relying on GOP leaders such as House Majority Leader Kevin McCarthy to apply renewed pressure on Democrats in an effort to round up enough votes to move TPA forward. According to McCarthy, “The best option right now” would be for […]

TTIP Action – June 11

By Global Business & Economics Program

Chair of the European Parliament’s Trade Committee, Bernd Lange, insists that the committee will use the additional time gained through the postponed vote on its recommendations to work towards reaching a stable majority for the TTIP-resolution. This Week in a Nutshell Whilst a vote on the final passage of the Trade Promotion Authority bill is […]

TTIP Action – June 9

By Global Business & Economics Program

Kicking of the G7 summit with a traditional family photo. This Week in a Nutshell The week kicked off with the G7 summit in Germany, where the world’s economic leaders discussed the global economy, trade, and progress towards an international deal on reducing the effects of climate change. At the summit, US President Barack Obama […]

TTIP Action – June 4

By Global Business & Economics Program

Catherine A. Novelli, Under Secretary for Economic Growth, Energy, and the Environment at the US State Department, spoke in Brussels on Tuesday at the Lisbon Council Speeches & Official Announcements The Geopolitical Aspect of TTIP “But what about other countries, particularly developing countries and our closest neighbors? How will they be affected? We will have […]

Despite Stinging Setback, Controversial Trade Bill Not Dead Yet

Atlantic Council’s Jason Marczak sees chance TPA may still squeak through Congress With the House of Representatives set to hold a do-over vote by June 16 on a worker retraining program – the Trade Adjustment Act (TAA) – whose defeat has stalled US President Barack Obama’s entire free-trade agenda, there’s a glimmer of hope that […]