Daily Archives: November 8, 2012

Global challenges facing Obama in his second term
What does Barack Obama’s reelection mean for the Untied States’ relations with the world? FT editor Lionel Barber and Washington bureau chief Richard McGregor join Gideon Rachman to discuss the economic and geopolitical challenges facing the president in his second term.

Alan Beattie

 

Getty

Well, trade reporters, you won’t have bananas to kick around any more. One of the world’s longest-running trade disputes, and one of the few with genuine comic potential, was fixed today as the EU signed an agreement with Latin American countries to end the banana wars.

As a WTO matter, it’s being going on for 20 years; as a source of trade friction, much longer. The political deal was actually done nearly three years ago, which gives you a sense of just how quickly trade diplomacy moves. Read more

 

Hu Jintao, China’s president, delivered the keynote speech for the opening of the 18th Party Congress in Beijing on Thursday morning, in which he laid out his vision of the policies that should guide the world’s second-largest economy.

Here’s a rundown of 8 key themes from his address likely to shape the priorities for China’s next rulers, who will be unveiled next week. Read more

China’s 18th Party Congress kicked off with the national anthem—and a moment of mourning for the “revolutionaries” who have passed away, including Mao Zedong, Zhou Enlai, Liu Shaoqi and Deng Xiaoping.

But the revolutionary star of the show was clearly Jiang Zemin, who led China during the rapid growth of the 1990s, and who was given the prime seating spot at the Congress. Read more