Car wars: the US strikes back

Article Abstract:

The imposition by the US of a punitive 100% tariff on Japanese luxury cars, which will take place soon if Japan does not back down, represents a move by the US against the trade rules which it has itself endorsed. Japan and the US have clearly been mismanaging their relations for some time, and the breakdown of accepted trading patterns will have serious long-term consequences. The US will remain Japan's main trading partner, but there is now also a shift towards the rapidl expanding economies of east Asia.

United States, Japan, Political aspects, Japanese foreign relations, United States foreign relations

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Step back from the Euro debate to make investment decisions

Article Abstract:

There has been growing debate recently about whether plans for a single European currency should be delayed, or even abandoned altogether. This has served to divert attention from the fact that France and Germany could still go ahead with a single currency, even if this is delayed by a short time. Against this background, it is worth considering the market implications of a single currency. There are many uncertainties relating to a single currency, and this may prompt investors to focus on dollars instead.

Economic aspects, Monetary unions

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Will we ever see the back of business bungs?

Article Abstract:

The rapid expansion of international trade, especially with the East, has opened up new areas of concern relating to corruption. International traders are uncertain whether to accept local business practices, especially if such practices would be regarded as corrupt in the trader's own country. Considerable attention has been given recently to the costs of corruption, but it is actually very hard to establish whether corruption does impoverish countries and cities.

Ethical aspects, Corporations, Corporate corruption

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