The old conundrum of who to call if you want to speak to ' #Europe' now applies to 'the West' as a whole. With lame-duck leaders in the #UK and #Germany, President #EmmanuelMacron humbled by the Gilets Jaunes revolt in #France and the #US profoundly divided over its role in the world, an emerging leadership vacuum in the world’s wealthy democracies has grown suddenly acute. 'There is no leadership in Europe' or from the U.S., according to former Danish Prime Minister Anders Fogh Rasmussen, who ran the North Atlantic Treaty Organization as secretary general from 2009 to 2014.


#WorldEconomy #Economy #Geopolitics #Diplomacy #Politics #ForeignPolicy #InternationalRelations #ForeignRelations #EconomicRelations #EconomicCooperation #DevelopedEconomies #DevelopingEconomies
Disarray in Europe and U.S. Leaves a Hole Where 'the West' Was
https://www.bloomberg.com/news/articles/2018-12-16/disarray-in-europe-and-u-s-leaves-a-hole-where-the-west-was

Multilateral #financialinstitutions, including the #WorldBank, already provide annually a combined $28 billion for projects intended to help developing countries mitigate the impact of and adapt to climate change, according to World Bank Vice President Rachel Kyte.

French President #FrançoisHollande last month anchored a final deal on climate change during the November-December gathering in Paris on the willingness of richer economies’ to shell out the promised $100 billion needed annually by 2020 to fund #renewableenergy projects in poorer nations.

#GlobalWarming   #DevelopingCountries   #DevelopingEconomies    #EmergingMarkets   #CleanEnergy   #GreenEnergy   #EconomicDevelopment  
World Bank Confident Funding to Back #ClimateChange Deal Will Be Secured
http://www.wsj.com/articles/world-bank-confident-funding-to-back-climate-change-deal-will-be-secured-1441975772

The world economy and trade flows - and the #USeconomy - have changed dramatically over recent decades along with the composition of developed world growth. Globalisation has seen capital and capabilities flow from the #developedworld to the #developingworld. Large slabs of low-value manufacturing have been re-domiciled from #developedeconomies to #developingeconomies, generating consumer benefit in the developed world and improved living standards in the developing world.

Globalisation has, over decades, has created sophisticated global networks of activity. The world’s supply chains are both sophisticated and complicated. They are transnational and multinational, with many products representing bundles of components sourced from multiple jurisdictions. In some sectors, there is relatively little capacity within the developed economies to mass-produce low-value consumer goods. Offshoring and outsourcing has seen the capacity to make the low-value elements of production of even higher-value goods shift to China and, increasingly, other Asian economies.


#WorldEconomy #Globalisation #Economy #EconomicPolicy #EconomicOutlook #FreeTrade #GlobalTrade #Manufacturing
What Donald Trump’s economic #protectionism is missing
http://www.theaustralian.com.au/business/opinion/stephen-bartholomeusz/what-donald-trumps-economic-protectionism-is-missing/news-story/704874b6a8976eec66b6820bb8b3bf1f

Net capital flows to emerging markets in 2015 will be negative for the first time since 1988, according to the Institute of #InternationalFinance (IIF). Among the 30 emerging economies it has surveyed, there will be $540 billion net capital outflows this year, compared to net capital inflows of $32 billion in 2014. The net capital outflows would continue at a moderate pace of $306 billion in 2016, on the expectation of the subdued growth prospects for the emerging market economies, as well as the #US #FederalReserve's policy tightening.

#FinancialMarkets   #Capital   #InterestRates   #EmergingEconomies   #DevelopingEconomies  
#Emergingmarkets to see net #capitaloutflow in 27 years
http://timesofindia.indiatimes.com/business/international-business/Emerging-markets-to-see-net-capital-outflow-in-27-years/articleshow/49193854.cms

The #eurozone #economy slowed in the 3 months to September as exports to large #developingeconomies weakened, a development that makes it more likely the European Central Bank will expand its stimulus programs in December. The slowdown was led by #Germany, the currency area’s exporting powerhouse, while Italian economic growth also eased. There were fresh contractions in Greece, Finland and Estonia, while Portugal’s economy stagnated.

By contrast, #France’s economy returned to growth, having stagnated in the previous quarter, a performance that was welcomed by Finance Minister Michel Sapin as indicating 'that in 2015 we have exited the period of weak growth that France had been in since the end of 2011.'


#Greece #Finland #Estonia #Portugal  #EuropeanEconomy   #Economy   #EconomicGrowth 
Eurozone Economy Slows as Exports Weaken
http://www.wsj.com/articles/french-economy-returns-to-growth-in-third-quarter-1447396675

Shares in the largest miner, #BHP , have fallen 43% since March. #RioTinto’s are down 31% in the same period. #Glencore’s are down a staggering 68% and #AngloAmerican’s 63%. Commodity prices generally are also back to their pre-crisis levels. Oil is trading around $US44 a barrel, iron ore at $US47 a tonne. Copper hit a six-year low of $US4835 a tonne overnight to levels last seen during the worst of the financial crisis. Bloomberg’s commodity index, which tracks more than 20 commodity futures, is also back to 2009 levels, as is the London Metals Exchange index.

The severity of the falls in #commodityprices , the carnage that has created for resource companies and the pressures the slowdown in #China and the strength of the #USdollar are imposing on #developingeconomies could, however, accelerate the supply-side adjustment required for stability to emerge. Glencore has already cut production in a number of its marginal or cash-bleeding operations and investment across the resource sector has been cut back quite savagely.

#Commodities   #CommodityMarket   #CommoditiesTrading
More commodities carnage to come
http://www.theaustralian.com.au/business/opinion/more-commodities-carnage-to-come/story-fnp85nwc-1227607561344

#Britain’s exit from the EU and the new nationalism in Europe worry policymakers in #developingeconomies. In February, many African states will have to decide whether they want to sign up to the #EU’s Economic Partnership Agreements or lose duty-free access to the European market. After years of tough negotiations, these agreements would allow African exporters to sell to the EU without facing tariffs. The trade-off is having to meet a raft of conditions on copyright, intellectual property, phytosanitary standards and trade liberalisation.

Within days of the #Brexit vote, #Kenya, #Tanzania and #Uganda suspended trade talks with the EU. All 3 countries have substantial trade with Britain, and their negotiators hoped that the Brexit vote would give them more leverage when talks resume. Britain has been encouraging the view that African states could get better trade terms. For now, British policymakers are looking at both bilateral deals and negotiations between the UK and regional organisations such as the East African Community.


#GlobalEconomy #Africa #AfricanEconomy #EconomicOutlook #Economy #TradeAgreements #EconomicGrowth #EconomicDevelopment
#Africa / #UK: Beyond Brexit
http://www.theafricareport.com/International/africauk-beyond-brexit.html

The agricultural sector is the backbone of many #DevelopingEconomies. Access to #AgriculturalFinance would make a great difference for the millions of farmers at the base of the income pyramid. Great Credit Suisse article featuring FINCA's #MobilePayments and #AgencyBanking in #Africa: http://bit.ly/1IvcWEf

#GenderRole for females here in BD is2b submissive & ignorant. So tht d males can feel good abt their lousy selves. #developingeconomies

Activity in the eurozone’s manufacturing and services sectors slowed moderately in September, although there were few signs that a weaker outlook for #China and some other large #developingeconomies is undermining the currency area’s modest recovery.

The #EuropeanCentralBank this month warned that slowing growth in China and several other large developing economies is likely to weaken demand for the eurozone’s exports, and slow the recovery.

#EconomicGrowth   #EconomicSlowdown   #Europe   #EuropeanEconomy  
#Eurozone #Economy Slows Moderately in September
http://www.wsj.com/articles/eurozone-economy-slows-moderately-in-september-1443000000