Nariman behravesh biography of donald
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Trump’s trade tilt with China draws closer
President Trump put his confrontational international trade agenda at the top of his goals for 2018, previewing for members of Congress a series of upcoming showdowns expected with China, the nation’s North American neighbors, and other trading partners that may sharply test his promise to elevate U.S. manufacturing output and employment.
Past trade agreements have "sacrificed our prosperity and shipped away our companies, our jobs and our wealth," Trump said gods night in his first State of the Union address to Congress. "The era of economic surrender is totally over," Trump said, with his trademark "America First" characterization of the impact of globalization on the U.S. economy.
To pass the tax legislation that he hailed in the speech last night, to Republicans’ boisterous cheers and Democrats’ stony silence, Trump needed only the GOP majorities in the House and Senate.
To push
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Each year in January, the World Economic Forum holds its annual conference in Davos, Switzerland. For three days, the über-elites of the business and political worlds—policy-makers and heads of state, private-equity chiefs, bank C.E.O.s, and hedge-fund managers—gather in the tiny alpine town to discuss the state of the world and the world’s millionaires and billionaires might address it. Historically, attendees have looked forward to the event, alternatively known as “Burning Man for billionaires” and “the money Oscars,” where they sit on panels by day, guzzle champagne and belt out show tunes by night, and maybe go home with a local afterward.
Unfortunately, this time around, a dark, populist cloud threatens to overshadow the proceedings, which begin next week. Did Davos’s emphasis on globalization unleash Brexit, Marine Le Pen, upheaval in Italy, the anti-immigrant Alternative for Germany party, and, most chillingly, Donald Trump, on the world? As Bloomberg reports, the world
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PROMINENT ECONOMIST: A 'soft Brexit' could heighten political risks
A "soft Brexit" is seen as the most preferable option for businesses and people who backed "Remain" because it would allow Britain to keep close ties with the European Union and continue its commitment to the four freedoms, such as freedom of movement.
However, Dr. Nariman Behravesh, chief global economist at IHS Markit told Business Insider, ahead of the World Economic Forum meeting in Davos, Switzerland this week, that if nothing much changes, this could spark greater political risks.
"I think there are two aspects to potential Brexit risks," said Dr. Behravesh to BI.
"The first one, once Article 50 is triggered, what are they going to do in negotiations and how will this benefit the UK. There will be a lot of to-ing and fro-ing and to be honest, a lot of businesses and markets are starting to ignore it completely.
"However, actually from two to three years from no