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“Just Days Left” To Avoid Trade War France Says, As G-7 Condemn Trump
“Just Days Left” To Avoid Trade War France Says, As G-7 Condemn Trump With Trump refusing to back down and slapping Section 232 tariffs on steel and aluminum imports from the EU, Canada and Mexico, which were enacted at midnight on June 1, the G-7 meeting taking place in Whistler, also known as Canada’s Davos, […]
FM Meeting in Toronto: G7 Engaged in Frenzied Anti-Russia Hysteria
FM Meeting in Toronto: G7 Engaged in Frenzied Anti-Russia Hysteria The G7 foreign ministers’ get-together took place in Toronto on April 22-23 ahead of the group’s two-day summit in June, at which time Charlevoix, Quebec will host the leaders of the United States, Britain, Canada, Germany, France, Italy, and Japan. No decisions were made on […]
Merkel Furious With Trump After “Unprecedented” G-7 Failure To Reach Consensus On Climate Change
Merkel Furious With Trump After “Unprecedented” G-7 Failure To Reach Consensus On Climate Change In the end it was not mean to be. As discussed on Friday, during Trump’s first G-7 summit, world leaders including German Chancellor Angela Merkel and new French President Emmanuel Macron, had hoped to persuade the the US president to endorse […]
Toxic Politics Versus Better Economics
Toxic Politics Versus Better Economics NEW YORK – The relationship between politics and economics is changing. Advanced-country politicians are locked in bizarre, often toxic, conflicts, instead of acting on a growing economic consensus about how to escape a protracted period of low and unequal growth. This trend must be reversed, before it structurally cripples the […]
Traveling Circus
Traveling Circus After Wednesday’s policy statements by the Fed and Bank of Japan, a harsh light is being shined on the incredible nature of their communications. It would be wise in the current environment to structure investment portfolios with a pro-volatility bias. Central banks in G7 economies have been carrying a heavy load for a […]
Canadian Oil Slammed By Low Prices, Pipeline Woes
Canadian Oil Slammed By Low Prices, Pipeline Woes Canada has been particularly hit hard during the downturn in oil prices. A major oil-producing country, Canada rode the commodity wave upwards over the past decade, but has suffered from the downturn. The economy briefly dipped into a recession in 2015. Even after growth resumed, Canada’s GDP slowed the […]
Cristina Takes on Financial Times in Multi-Platform BRICS Tirade
Cristina Takes on Financial Times in Multi-Platform BRICS Tirade Cristina has been on the media warpath against a perceived attack on emerging markets. This Monday, Cronista republished (in Spanish) an article from the Financial Times titled, “Emerging Markets: Fixing a Broken Model.” The article is long, a bit on the dry side, hardly sensational and […]
Zero Carbon Emissions: The New Language Of Climate Change
Zero Carbon Emissions: The New Language Of Climate Change This is a guest post by David Suzuki. If nothing else, the G7 countries’ recent agreement to end fossil fuel use for energy by 2100 signals a shift in the way we talk and think about global warming. Previous agreements were about reducing carbon emissions from burning coal, […]
Fighting Extinction
Fighting Extinction “This is a true challenge. If the story is told as one of avarice, private gain and exceptionalism, the human race will go extinct.” At the G7 last week, the leading industrial nations agreed to cut greenhouse gases by phasing out the use of fossil fuels by the end of the century. While […]
Nuke Russia?
Nuke Russia? The warlords of Washington haven’t ruled it out The War Party is a veritable propaganda machine, churning out product 24/7. Armed with nearly unlimited resources, both from government(s) and the private sector, they carpet-bomb the public with an endless stream of lies in order to soften them up when it’s time to roll. In the past, their […]
China Mocks G7 As “Gathering Of Debtors”, Warns “Confrontation Will Be A Disaster For Europe”
China Mocks G7 As “Gathering Of Debtors”, Warns “Confrontation Will Be A Disaster For Europe” Vladimir Putin didn’t get an invite to the Angela Merkel-hosted G7 Summit in Bavaria last week, which means the Russian President not only missed out on two days at the scenic Castle Elmau, but also on lederhosen shopping with US […]
Climate change will push Canadian business onside
Climate change will push Canadian business onside Companies seem conservative today, but just watch when they reach the profitable tipping point Until he lost his shirt in the Dirty Thirties, a relative of mine was an influential businessman in southern Saskatchewan. Among his interests was a livery stable, with a blacksmith, harnesses, buggy whips and everything you needed to keep […]
The G7 and its 85–year carbon pledge
The G7 and its 85–year carbon pledge The G7 gives itself a lifetime to fulfil its climate change promise If you thought it was hard to keep up your New Year’s resolution, try keeping an 85-year pledge. That’s exactly what Canada and the other G7 countries are committing themselves to as they try to get control […]
Washington Blinks: Will Seek Partnership With China-Led Development Bank
Washington Blinks: Will Seek Partnership With China-Led Development Bank Don’t look now, but Washington just blinked. As we’ve documented exhaustively over the past week, pressure has been building steadily for the US to strike some manner of conciliatory tone towards China with regard to the Asian Infrastructure Investment Bank, a China-led institution aimed at rivaling the US/Japan-backed […]
