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Free trade initiatives prompted by pandemic

April 20, 2020 by Richard Schulman Leave a Comment

The weekly trade report with LC Free trade initiatives in medical products are being pursued on at least three continents (Europe, Asia, and Australia / New Zealand), and there are signs that trade may become a point of contention in the US 2020 presidential election. EU Trade Commissioner Phil Hogan, in an April 16th virtual […]

Filed Under: Trade  Tagged: 2020 US presidential campaign, EU Trade Commissioner Hogan, Plurilateral agreements, TPP-11

Blocking exports could hurt everyone

April 6, 2020 by Richard Schulman 1 Comment

The weekly trade report with L.C. The US Government got into a tussle with the 3M Company, maker of N95 medical masks. The quarrel stems from the Trump Administration’s desire of blocking exports of supplies needed in the COVID-19 fight. Using the powers available to it under the 1950 Defense Production Act (DPA), the administration […]

Filed Under: Trade  Tagged: export restrictions

Nature dominates climate

March 23, 2020 by Richard Schulman 1 Comment

by Richard Schulman Recent studies are reinforcing the view that nature still dominates climate, not the CO2 generated by human combustion of fossil fuels. The studies center around two questions: Can the warming that has taken place since the 19th century be explained by natural causes rather than CO2 emissions from fossil fuel combustion? If […]

Filed Under: Climate  Tagged: Kauppinen, Zharkova

China wet markets repeatedly cause global epidemics

March 14, 2020 by Richard Schulman 1 Comment

by Richard Schulman China wet markets have repeatedly caused global epidemics, including the latest Wuhan coronavirus pandemic. The viruses jump from one species to another — bats, snakes, pangolins, chickens — and then to humans. Wet markets, where wild animals alive and dead are sold, exist elsewhere in the world, but China’s are unique in […]

Filed Under: Wuhan coronavirus  Tagged: wet markets

Markets plunge on Xi Jinping virus, oil war, Fed rate cut

March 9, 2020 by Richard Schulman Leave a Comment

The weekly trade report with L.C. In the foreign exchange market last week, the dollar plunged vs. the yen and euro. Today, March 9th, the dollar fell further against the euro. It was the worst weekly drop for the US currency in four years, and was accompanied by a dive in US government bond yields. […]

Filed Under: Market plunge  Tagged: Federal Reserve, US shale oil

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