Johnson pursued by Brexit paradoxes, OMFIF sets course for German expansion, and more
THE WEEKEND REVIEW – OMFIF
Latest opinion and analysis from OMFIF around the world
14-18 December 2020, Vol.11 Ed.49
Most-Read Commentary
Johnson pursued by Brexit paradoxes: ‘Shaking its fist on bended knee’ is the prognosis a former chancellor of the exchequer gave for the UK’s likely approach if no deal over trade with the EU unfolds into poisonous mutual retaliation. During a brief flurry of talk of gunboat diplomacy against French fishing vessels, that appeared last weekend the most probable outcome. Even if a future relationship based on WTO terms is avoided, Brexit has exposed two hugely uncomfortable paradoxes for Johnson‘s government, writes John Orchard.
Podcast Working in crisis: Sofie De Beule-Roloff, chief operating officer of the European Stability Mechanism, and Emmanuel Dooseman, partner and global head of banking at Mazars, join OMFIF’s Kat Usita to discuss the challenges that employers and workers face during this crisis, including how to maintain safe, supportive and inclusive work environments. Listen.
Press release OMFIF sets course for German expansion: OMFIF is establishing operations in Berlin, led by Andreas Meyer-Schwickerath, former British Chamber of Commerce head, to support its international activities and to deepen further its relationships with Germany’s official sector, commercial banks, institutional investors and industrial companies. Read more.
Commentary Currency manipulation realities: The US Treasury Department has named Switzerland and Vietnam as currency manipulators. Its mechanistic application of ‘enhanced analysis’ criteria leads to missteps in assessing harmful currency practices. The Yellen Treasury should modify this approach, writes Mark Sobel. Read more.
Commentary Explaining China’s capital inflows: This year has seen massive portfolio investment flows into China. This has been driven by the Chinese economy’s bright prospects and higher returns on investments, as well as the country’s financial opening up and expectations that the renminbi will appreciate, writes Herbert Poenisch. Read more.
