If wages are to rise, workers need more bargaining power

“IT’S just not going to happen,” said Troy Taylor, the boss of a Coca Cola bottling company, when asked at a recent Federal Reserve event whether he foresaw broad-based wage gains. His remarks (unlike the fizzy drinks he sells) were unsweetened. But experience suggests he may have a point. In most rich countries, real pay […]

China has a bargaining chip against the US in the North Korea crisis

REUTERS/Carlos Barria Of all the parties involved in the Korean missile crisis, the most difficult to read is China. China’s talks about the need for a peaceful resolution do little to reveal what China’s real interests and objectives are. And what they are is multiple and conflicting. At one level, China is concerned with the balance of […]

Don’t use kids as Brexit bargaining chips, EU bosses told

The Children’s Commissioner has called on EU leaders to ensure children are not held hostage during the upcoming Brexit negotiations. In an open letter to Europe’s Chief Negotiator for Brexit, Michel Barnier, Children’s Commissioner for England Anne Longfield argued that the EU must take “a more constructive approach” to the residency status of children born […]