The AU’s Following the EU, and It’s About to Repeat the Same Mistakes

The AU’s Following the EU, and It’s About to Repeat the Same Mistakes

44 African nations signed the Continental Free Trade Agreement last week in Rwanda. The treaty must now be ratified at the national level by either 15 or 22 of its members, a number which is still being decided upon, in order to enter into effect, which the African Union expects to be officially promulgated within…

How Trade Wars Ignite and Why They’re Spreading

How Trade Wars Ignite and Why They’re Spreading

The monetary distortions, imbalances and perverse incentives are finally bearing fruit: trade wars. What ignites trade wars? The oft-cited sources include unfair trade practices and big trade deficits. But since these have been in place for decades, they don’t explain why trade wars are igniting now. To truly understand why trade wars are igniting and…