“The new U.S. president has an opportunity to revitalize the U.S.-German partnership by thinking bigger and broader about a new series of centerpiece projects. Four areas of possible cooperation in which to promote positive and forward-looking solutions to shared problems are: transatlantic security, trade, public health, and climate change.” – by Stephen Szabo and Jason […]
Policy
No 10 toughens takeover laws to lock out ‘back door’ security risks (FT)
“The tough measures will require prospective foreign buyers of UK companies, shareholdings or intellectual property in 17 sensitive industries to alert a new government unit about proposed transactions.” – by Jim Pickard, Helen Warrell and Daniel Thomas
Sea Change (Bank of England)
“A No Deal outcome would result in an immediate, material reduction in the supply capacity of the UK economy as well as a negative shock to demand. There is little monetary policy can do to offset the former. A major negative supply shock is extremely unusual in advanced economies – the last one was the […]