Archives of “World government” tag

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Coronavirus cases grew the most ever yesterday. Europe a certifiable train wreck. US growth exponential.

  
  Analysis
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Via Hedgeye (link below for more)

  • Global case continues to accelerate
  • According to the last WHO report, global cases grew 9.1% to 167,515 in the last 24 hours and added the most new cases since the start of the epidemic at 13,998
  • U.S. continues on it’s exponential growth path … . up 24% in less than 24 hours On this path, a case count of 10,000 by the weekend is on track.
  • Europe is a certifiable train wreck and we don’t see much that suggests the U.S. isn’t on that path
To finish on a brighter note:
  • Asia continues to encourage us that there is a light at the end of the tunnel as Chinese (if we believe it), Korean, and Japanese data remain promising

Link

corv coronavirus, US, europe, COVID-19

Pres. Trump is weighing exiting from WTOs $1.7 trillion procurement pact

  
Analysis, Politics
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Pres. Trump on WTO procurement pact

The WTO procurement pactregulates the procurement of goods and services by the public authorities of the parties to the agreement, based on the principles of openness, transparency and non-discrimination.

The aim of the Agreement is to mutually open government procurement markets among its parties, consistent with principles of reciprocity. There are 48 nations in the pact.
The government procurement agreement (GPA) parties opens procurement activities worth an estimated USD 1.7 trillion annually to international competition (i.e. to suppliers from GPA parties offering goods, services or construction services).
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