The European Commission yesterday launched legal action against the U.K. after British Prime Minister Boris Johnson’s government tabled a bill that would undo major agreements the U.K. committed to as part of the Brexit divorce deal it signed with the European Union. The latest escalation in the dispute between London and Brussels could lead to a full cancelation of the EU-U.K. free trade deal, opening the door to the dreaded “no-deal Brexit” that the trade agreement was intended to avoid. The EU’s legal challenge comes in response to unilateral moves by the U.K to rewrite parts of the Northern Ireland protocol [...]
Economics & Business
Just before the White House launched the Indo-Pacific Economic Framework, or IPEF, in Tokyo last month, Taro Kono, the former Japanese foreign and defense minister, offered a blunt recommendation: Deriding the IPEF as the “Indo-Pacific Economic whatever,” Kono urged the U.S. to “forget” it and rejoin the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, or CPTPP. During his press conference with U.S. President Joe Biden, Prime Minister Fumio Kishida welcomed the IPEF but echoed Kono’s advice, stressing the strategic significance of a U.S. return to the CPTPP, which is essentially the Trans-Pacific Partnership trade pact that then-President Barack Obama effectively [...]
Just over a week ago, Forbes published its highly anticipated “30 Under 30” list for the African continent. As the publication’s editors put it, this list showcases the “best and brightest” young “trailblazers” in Africa working on everything from medicine to fashion. The annual publication of “Africa 30 Under 30” is just one part of Forbes’ larger effort to highlight and encourage entrepreneurship in Africa. It comes shortly after the company’s first ever Under 30 Summit in Botswana in April, which brought together the world’s “most elite young entrepreneurs” to hear from and network with leaders in government and business. [...]