These Three Disputes Affect More Than Half of the World Economy

One reason for the recent jitters about the global economy is that several of the world's leading economic powers are locked in deepening trade disputes. In fact, add them all up and you'll find that three big spats alone involve countries that account for more than half of global economic output. Here's a closer look at who's arguing over what:


US vs China: The world's two largest economies are locked in an escalating trade war. The Trump administration wants China to ease American firms' access to the Chinese market and to scale back its plans to dominate the tech sector. Beijing is willing to talk about tariffs and market access but wont undo the core of its state-backed economic model. More than half a trillion dollars worth of goods are affected by current or planned tariffs: here's a look at where things stand right now.

US vs Europe: Washington has already put tariffs on European metals, to which Brussels responded with levies on US jeans, whiskey, and motorcycles (the mid-life crisis economy!) Trump has threatened debilitating tariffs on European automakers in a broader dispute over Europe's state backing for the aerospace and farming industries, and European misgivings about US digital privacy regulations.

South Korea vs Japan: A dispute over the legacy of Japan's 20th century occupation of Korea spilled into trade, with Tokyo imposing export restrictions that hurt Seoul's lucrative tech industry. There is little sign that this dispute will ease: just last week South Korea cut intelligence sharing with Tokyo.


How will our cities and lives change in the future? What about a structure with a roller skating rink above a swimming pool, made out of transparent solar panels that power the entire park? This was the innovation invented by Eni's young researchers based on Luminescent Solar Concentrators, developed through Eni's research.

Watch the latest episode of Funny Applications, Eni's video series that imagines new uses for technology.

For 30 years, citizens of Hong Kong have gathered in Victoria Park on the evening of June 4 to honor the peaceful protesters massacred in Beijing's Tiananmen Square on that date in 1989. It has been the only public Tiananmen commemoration permitted on Chinese soil.

This year, the park was surrounded by barricades to keep people out. The officially stated reason for the shut-down? Crowds spread coronavirus. (In this city of more than 7 million, COVID has so far killed four people.)

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In an interview with GZERO World host Ian Bremmer, Hong Kong lawmaker Dennis Kwok, an outspoken pro-democracy advocate, expresses his concerns that the current "draconian" laws China's leadership is forcing upon his city has expedited the end of the "one country, two systems" policy established in 1997.

Ian Bremmer's Quick Take:

Big news, of course, that former Secretary of Defense Mattis comes out with a public statement basically calling Trump's rule, his actions, unconstitutional and unfit for office, more divisive than any president he's ever seen.

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French protests over racial injustice: The George Floyd protests in the United States have sparked solidarity demonstrations around the world, with people flocking to US embassies in Berlin, London and elsewhere to express their outrage. But they have also inspired other countries to reexamine racial justice within their own societies. In France, where street demonstrations are practically a national pastime, thousands of people have gathered in support of the family of Adama Traoré, a 24-year old black man who died in police custody back in 2016. At least 20,000 Parisians demonstrated Wednesday, despite coronavirus bans on public gatherings. Protesters adopted similar language to the Floyd protests, demanding accountability for the officers who violently pinned down Traoré during a dispute over an identity check, leading to his death. Renewed focus on this case, which has become a potent symbol of police brutality in France, comes as coronavirus lockdowns have recently stoked tensions between the police and the mostly-minority residents of Paris' banlieues (low-income suburbs).

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