Part Global Restructuring

North Korean troops in Ukraine show the war’s global stakes

Despite Russia and North Korea’s denials, it is imperative that Washington and London encourage South Korea to ship arms to Ukraine as soon as possible.

Politics - The Hill - October 25

Global climate disaster inevitable if action not taken soon, U.N. warns

The U.N. said that the world is now in "climate crunch time" as greenhouse gases have hit "unprecedented levels."

Global Economic Leaders Confront a New Era of Industrial Policy

Policymakers brace for more protectionism and the demise of “neoliberalism” if Donald J. Trump is re-elected in the U.S.

Business - The New York Times - October 26

North Korea's foray into Ukraine riles US, raises global risks

This week’s revelations that North Korean troops could within days join Russia’s war in Ukraine have raised the prospect of the U.S. and its allies getting more involved in the conflict. The Biden ...

Politics - The Hill - October 26

FirstFT: Japan plunges into political chaos

Also in today’s newsletter, oil price falls and Franklin Templeton hit by record outflows

World - Financial Times - October 28

How Beijing Tamed a Lawless Industry and Gained Global Influence

State-controlled companies now run an industry once known for its acid pits, radioactive waste and smugglers.

Business - The New York Times - October 28

Trump’s Vast Tariffs Would Rock Global Businesses and Shake Alliances

Economists said Donald Trump’s plan to return trade barriers to levels not seen in generations would be “a grenade thrown in the heart” of the international system.

Business - The New York Times - October 29

What could stop the global green energy race? A Trump victory

He could also take tougher steps to stymie decarbonisation efforts next time around

World - Financial Times - October 28

Toxic Waste That Set Off Global Outcry Seized by Albania’s Prosecutors

World - Yahoo News - October 28

Amid Climate Crisis, Svalbard Global Seed Vault Gets a Huge Deposit

A storage facility in Norway built to safeguard crop diversity recently received more than 30,000 samples as concerns grow about climate change and food insecurity.

World - The New York Times - October 29

McDonald’s posts biggest decline in global sales in four years

Amid sluggish spending in US, Europe and China, sales fell by 1.5% between July and September. McDonald’s has posted another bigger than expected drop in sales as demand continues to slow, despite ...

World - The Guardian - October 29

How the Houthis Went From Ragtag Rebels to Global Threat

The Gaza war has allowed the Iran-backed Yemeni militants to broaden alliances with Iraqi militias, African jihadists and Russia.

World - The Wall Street Journal - October 30

U.S. election won't be an 'uneventful event' for global markets, UBS chief says

Ermotti forecasts "market movements" will take place in the wake of the upcoming U.S. elections, no matter who wins leadership of the world's largest economy.

Business - CNBC - October 30

Dropbox slashes 20% of global workforce, eliminating more than 500 roles

Dropbox is laying off 20% of its global workforce, the equivalent of 528 roles, according to CEO Drew Houston.