EghtesadOnline: Europe is approaching the next stop in its global market-opening drive aimed at countering U.S. President Donald Trump’s protectionist tilt.
EghtesadOnline: The European Union’s economic and financial committee has criticized U.S. President Donald Trump’s economic policy and is worried that his efforts to boost protectionism pose a threat to the global economy, a German magazine reported on Saturday.
EghtesadOnline: Chinese President Xi Jinping said downward risks and uncertainties for the global economy are on the rise, and pledged to boost the power of emerging markets on the world stage.
EghtesadOnline: Five major emerging economies opened a summit Monday to map out their future course, with host Chinese President Xi Jinping calling on them to play a bigger role in world governance, reject protectionism and inject new energy into tackling the gap between the world's wealthy and developing nations.
EghtesadOnline: European Central Bank President Mario Draghi defended free trade and post-crisis financial regulation at the U.S. Federal Reserve’s Jackson Hole symposium, while avoiding any comments on monetary-policy deliberations or the euro exchange rate.
EghtesadOnline: Protectionism undertaken by a government to restrict international trade, often done with the intention of protecting local businesses and jobs from foreign competition, hurts Iranian consumers.
EghtesadOnline: Russian President Vladimir Putin said on Sunday that protectionism is a threat to the global economy.
EghtesadOnline: The head of Foxconn, the world's largest contract manufacturer of electronic goods and a major Apple Inc supplier, said on Sunday that the rise of protectionism is unavoidable.
EghtesadOnline: Protectionist policies from the new U.S. administration of President Donald Trump will probably have a negative impact on the economy, overshadowing any positive gains from economic stimulus measures, the head of the IMF said on Friday.
EghtesadOnline: Chinese President Xi Jinping urged global business and political elites to reject trade wars and protectionism, in his first public rebuttal of the policies advocated by incoming U.S. leader Donald Trump.