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Tag: trade

Gangsters’ paradise

One of the dark sides of globalization and technology advancement is the continued expansion of the underground economy. Africa’s initial conditions of weak institutions, poverty, and a population that feels disenfranchised from its government has made it increasingly vulnerable to organized crimes over the years. Reports of political and economic failures tend to overwhelm the…
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Sino-US Trade tension: A long-drawn-out deul

After months of skirmishes and failed negotiations, the United States and China officially effected the implementation of steep tariffs on exports from each other. More than 800 Chinese goods worth a total of US$34bn/annum will attract a 25% import tariff in the US. In retaliation, China has imposed import tariffs of the same measure on…
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