Economics & Business Archive

The day after the U.S. House of Representatives voted largely along party lines to impeach President Donald Trump last month, it voted overwhelmingly to approve his top trade priority: the U.S.-Mexico-Canada Agreement, or USMCA. The new trade deal will replace the North American Free Trade Agreement, in effect since 1994 and reviled in equal measure by Trump and many Democrats. Both Trump and Speaker of the House Nancy Pelosi hailed the amended agreement—approved by 385 members of the House, with just 41 opposed—as a victory, and claimed credit for getting it done. Yet while there is much in the USMCA […]

Given the magnitude of the shared global challenges humanity confronts today, from climate change to nuclear proliferation, the world desperately needs a quiet phase of international comity, enlightened leadership and steady cooperation. Alas, the Boring ‘20s are not on the cards. The new decade seems poised to be as volatile and divisive as the Roaring ‘20s a century ago. Indeed, the historical parallels are dramatic and disturbing. Now, as then, the forces of chaos and division include populist nationalism, authoritarian politics, nativist intolerance, political extremism, technological disruption, economic inequality, geopolitical competition and American solipsism. In the 1920s, the leading world […]

Saudi Arabia and its allies began the Qatar blockade in 2017 in an attempt to reorient Doha's foreign policy away from countries seen as inimical to Saudi interests. With Saudi leadership now facing several crises and increasingly willing to compromise, the two sides are inching closer to a resolution. Saudi Arabia and Qatar appear to be closer to resolving a diplomatic feud that has isolated Doha from its neighbors since 2017, although wide gaps still remain. In an attempt to break the impasse, which has sharply divided the six-member Gulf Cooperation Council, Saudi Arabia recently invited Qatar’s emir, Sheikh Tamim […]

The most serious problems facing the world have been making headlines for years or even decades now, from climate change to nuclear proliferation. They defy easy solutions, and like it or not, they’ll still be hanging around in 2020. Will this finally be the year that things start to turn around? Or will the world just keep kicking the apocalypse can down the road? And what about other issues that have been pushed to the forefront as a result of Donald Trump’s chaotic presidency, like trade wars that threaten the global economy? For this week’s interview on Trend Lines, WPR’s […]