Canada has determined to reenergize its agricultural sector through targeted policy and earmarked finance to increase production. Currently, the north American nation is among the top producers of wheat in the world. Wheat, Barley, Corn and canola are some of its top exported products. In 2018 Canada launched the Canada Agricultural Project, worth 3 billion…
Tag: eu
East vs. West: A Clash of Civilizations
In an unusual turn of events, the European Union, led by Germany has determined to sanction Russia over unconfirmed suspicions of misconduct in mid October, 2020. The EU, guided by what has been termed a Franco-German plan, issued sanctions against the Kremlin for the suspected poisoning death of Moscow detractor, Alexei Navalny. The stunning move…
The Covid-19 Escape Hatch
Never in recent history has their been an opportunity to huge for nations to reset themselves and balance power. The Covid-19 Pandemic has helped to shift already decadent world powers and rising stars. Some nations took the opportunity to pay themselves handsomely, through clever sleight of hand by their central banks. Others, mostly developing nations…
FX in Spotlight As Ankara, Others Push Back.
For many years, Europe has relied on Turkey to help stem the tide of migrants due to its strategic geographic location. However, now the nation of 82 million people has become an item in geopolitics over the past five years, asserting itself with a new found vigor and conviction. Turkey has become a key player…
A New Manifest Destiny
Despite the ravages of the Corona-virus, the US trade and tech war and its challenges in Hong Kong and Taiwan, China saw positive growth in Q2 of 2020 according to a report from the Asia Times. Even India’s economy expanded 3.1 percent in the first quarter of 2020 despite the prowess of the pandemic. Could…
Serbia Test EU Resolve and International Institutions Amid Covid Spike
Greece just barred citizens from the landlocked country of Serbia following that state’s declaration of a state of emergency on July 3, 2020. The news comes on the heels of growing COVID-19 numbers in the Balkans, with Serbia currently registering 16,420 cases and 317 deaths. Ironically, Belgrade made the decision on the same day that…
Repackaging the Developing World
Nations around the globe are mulling over how to restart and rescue flagging economies brought on by the worldwide COVID-19 Pandemic. Among those seeking a solution to economic woes are the world’s “developing economies,” many that often have GDPs lower than many Western multinationals. These nations must not only determine how to solve the new…
Lead by Italy, Southern European States Strain EU Pact in Uncertain Times
When Italy agreed to 65 billion dollars in austerity measures prescribed by the European Union, the result had a crushing effect on the populace. It is largely believed that financial and economic indiscretions in Europe’s southern economies contributed had to the crises. As the EU’s third largest economy, Italy was among those foremost nations being…
Row Over ECO Currency Reveals External Controls
The latest developments coming out of Africa further solidifies the notion that the currency tides are turning. It was only a few decades ago that the U.S. Dollar and Oil/Dollar reigned supreme, despite its lack of actual intrinsic value. It is important to note, that in 1971 when former U.S. President Richard M. Nixon un-pegged…
A Growing Threat: Economies of Power
Although China has grown immensely over the past 20 years, countless other economies have seen much advanced growth. India, the UAE and Vietnam are among them to name only a few. Many of these countries have extensive business interactions with the USA and other advanced economies. While the US has quite a large trade deficit…
Immigration: A Historic Cost in Dollars
As the world continues to connect via globalization, advanced communication and travel, immigration has continued to rise. Most notably immigration has rose exponentially in European and Western enclaves around the world. “You should see Paris now, it’s little Africa.” She said with a chuckle. The francophone African woman I was interviewing for a story was…
Is NAFTA a Roadmap for Africa’s Continental Free Trade Agreement?
The deadline to renew the North American Free Trade Agreement (NAFTA) is set for the end of March; but it is currently under renegotiation, with the U.S. and Canada making some of the biggest changes. The current administration has been skeptical of NAFTA’s economic benefit; with experts also disagreeing over how effective the agreement has…
Lela Winston 