Tag: globalization

Trump and Xi lay out competing trade visions at APEC

  By Aidan Jones / Jerome Cartillier Agence France Presse DANANG, Vietnam (AFP) — The leaders of the US and China laid out sharply divergent visions for the future of global trade on Friday, with Donald Trump doubling down on his “America First” rhetoric, leaving counterpart Xi Jinping to defend the “irreversible” tide of globalization. Xi, who has emerged as the most powerful Chinese leader in decades, and Trump, whose woes include dismal approval ratings […]

President Duterte urges wealth-sharing, capacity-building for poor economies during APEC CEO Summit

  (Eagle News) — President Rodrigo Duterte called on rich countries to help poorer economies in this era of globalization so that more people would reap the benefits of economic development. In his keynote speech at the APEC CEO Summit in Da Nang, Vietnam, Duterte said “globalization, to a certain extent, has really damaged poor economies.” This is why APEC and the ASEAN should take into consideration the interests of developing and poor economies by […]

President Duterte laments Southeast Asia brain drain due to globalization in APEC CEO summit

DA NANG, Vietnam (AFP) — Globalization has pressed the brightest workers from poor Southeast Asian countries to move overseas in a brain drain that must be reversed if real development is to be achieved, President Rodrigo Duterte said Thursday. In an impassioned speech to chief executive officers gathered in Vietnam ahead of the Asia-Pacific Economic Cooperation leaders summit, Duterte said the efforts of poorer countries to rise up the value chain are being undercut by mass […]

Asia-Pacific leaders talk trade in a Trump world

LIMA, Peru (AFP) – by Joshua Howat Berger Top world leaders meet from Thursday to try to save their cherished free trade accords from feared extinction under US President-elect Donald Trump. Here are three big factors looming over the Asia-Pacific Economic Cooperation (APEC) summit from Thursday to Sunday in Lima, Peru. Trump effect  Trump has cast uncertainty on the postwar world order with his vows to tear up or renegotiate international free trade agreements in […]

Obama in Europe urges ‘course correction’ on globalization

  by Jerome Cartillier with John Hadoulis in Athens Agence France Presse BERLIN, Germany (AFP) –  US President Barack Obama arrived in Germany on Wednesday on the final leg of a European tour aimed at reassuring key allies about transatlantic ties under his successor Donald Trump. Obama touched down in Berlin for a visit due to last until Friday, during which he will hold talks with German Chancellor Angela Merkel as well as the leaders of Britain, […]

Five things to take away from the G20 summit

HANGZHOU, China (AFP) — This year’s most exclusive and closely-watched diplomatic party –- the G20 summit –- saw presidents and prime ministers from countries representing 85 percent of the global economy gather in the Chinese city of Hangzhou. How did the first China-hosted G20 go? While analysts correctly foresaw little prospect of big economic breakthroughs, there were some notable moments –- and notable flops. As heads of state bid farewell to the scenic city, which […]

G20 treads lightly on ‘globalisation’ taboo

HANGZHOU, China (AFP) – by Benjamin CARLSON Facing populist ire at home, leaders at the G20 summit have tried to walk a fine line: acknowledge anti-globalisation anger while arguing that ever more liberal trade is the cure for sluggish economies. “The feeling of the G20 is that if we do not address the question of fairness, it will endanger global governance as we know it,” a senior European diplomat told AFP at the sprawling venue in […]

Sanders: Brexit’s message could draw Trump support in US

NEW YORK, United States (AFP) — The same popular frustration that saw a majority of Britons vote to abandon the EU could send droves of disgruntled Americans into the arms of Donald Trump, Bernie Sanders warned on Wednesday. In an opinion piece appearing in the New York Times, Sanders wrote that legions of American voters, alienated by the forces of globalization, are ripe for the message of political retrenchment and economic protectionism espoused by Trump. […]

ASEAN integration to push Phl academic institutions to become more globally-competitive

(Eagle News Service) — The following is a transcript of part two of the ASEAN IN FOCUS interview  (aired on Oct. 30, 2014) with University of the Philippines Vice-President for Public Affairs Dr. Prospero de Vera. In this interview, De Vera continues to tackle the preparedness of the country’s academic institutions for the ASEAN integration. This series and the program ASEAN IN FOCUS of NET 25 (Monday  to Friday, 2:00 p.m. to 2:30 p.m., with replays […]