THE headquarters of the World Trade Organisation (WTO), on the banks of Lake Geneva, once belonged to the League of Nations. That ill-fated body was crippled by American isolationism. The building’s occupant today is also at the mercy of decisions taken in Washington. President Donald Trump has circumvented the WTO to impose tariffs on steel and aluminium imports, including those from America’s allies.
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The WTO organizes economic seminars and cooperates with other international organizations and the academic community through co-publications, conferences, courses and other events.
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The Economist Intelligence Unit (EIU) has compiled a list of what it regards as the top 10 global risks of 2019. It makes for sobering reading, with a number of active threats to stability and security only likely to get worse before they get any better. Geopolitical uncertainty is on the rise and will remain a source of significant risk, the EIU says in its 2019 global risks report. It cautions that the rise of so-called populist leaders is far from over
It clearly lays out rankings of major cities’ wallet-friendliness and identifies the important factors that determine living costs. getAbstract recommends it to executives charged with making corporate location choices and to those contemplating a move to another part of the world. In 2018, for the fifth year running, Singapore takes the top position as the world’s most expensive of the 133 cities surveyed. Holding slots two through five are Paris, Zurich, Hong Kong and Oslo.