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cote : trade   10

Europe and America must work to stop their relationship unravelling
Yet, through its many ups and downs, the relationship has proved resilient. Trade flows between the eu and the United States remain the world’s biggest, worth more than $3bn a day. Shared democratic values, though wobbly in places, are a force for freedom. And, underpinning everything, the alliance provides stability in the face of a variety of threats, from terrorism to an aggressive Russia, that have given the alliance a new salience.

At the heart of this security partnership is nato. By reaching its 70th birthday the alliance stands out as a survivor—in the past five centuries the average lifespan for collective-defence alliances is just 15 years. Even as European leaders wonder how long they can rely on America, the relationship on the ground is thriving. As our special report this week explains, this is thanks to nato’s ability to change. No one imagined that the alliance’s Article 5 mutual-defence pledge would be invoked for the first, and so far only, time in response to a terrorist attack on America, in September 2001, or that Estonians, Latvians and Poles would be among nato members to suffer casualties in Afghanistan. Since 2014 the allies have responded vigorously to Russia’s annexation of Ukraine. They have increased defence spending, moved multinational battlegroups into the Baltic states and Poland, set ambitious targets for military readiness and conducted their biggest exercises since the cold war.
Europe  military  trade  politics  USA  NATO  links  via:Workflow 
8 weeks ago by cote
Why Ketchup in Mexico Tastes So Good
> Take a look at the fare available in the typical convenience store. It should be called the corn store.
trade  corn  food  catsup 
december 2018 by cote
Ferry risky
“Ms Murphy’s own firm is a perfect example. It operates four refrigerated trucks that bring Irish meat to Italy and return with fresh herbs. “From the time the herbs come out of the ground to the supermarket shelf in Ireland it takes about five days, and you are then left with a shelf-life of three to five days,” she says. Making the trip longer reduces the shelf life. Beyond a certain point, it could render the whole enterprise unprofitable.”

Trade is a delightfully complex, yet perfectly quotidian system.
eu  ireland  brexit  economist  trade  trucking 
august 2018 by cote
Trump’s Tariff Plan Leaves Blue-Collar Winners and Losers
“The mills and smelters that supply the raw material, and that would directly benefit from the tariffs, have been shrinking for years. Today, those industries employ fewer than 200,000 people. The companies that buy steel and aluminum, to make everything from trucks to chicken coops, employ more than 6.5 million workers, according to a Heritage Foundation analysis of Commerce Department data.”

Trade is hard.
politics  trade  economics  jobs  manufactoring 
march 2018 by cote

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