Trump’s truculence on trade paying off? G20 backs WTO reform, sometime down the road

Despite criticism for the trade war with China, the US president appears to have backing of other world leaders seeking to overhaul the World Trade Organization, although WTO reform won’t necessarily go according to Trump’s plan. Hammered out by diplomats behind the scenes as the leaders went for photo opportunities, the relevant section starts off […]

An Italian budget showdown underlines the need for euro-zone reform

THE FATE of the euro was always going to depend on Italy. With annual GDP of more than €1.6trn ($ 1.9trn), about 15% of euro-area output and debt of nearly €2.3trn, it poses a challenge to the single currency that Europe seems unable to manage but cannot avoid. Matters are now coming to a head, […]

Putin details amendments to soften impact of impending pension system reform

Published time: 29 Aug, 2018 09:00 Edited time: 29 Aug, 2018 09:31 In a televised address to the nation, the Russian president proposed moves that would ease the transition to a new pension system, such as making it illegal to fire employees approaching retirement age. In the much-anticipated address, Putin also acknowledged that in the […]

Myanmar’s state-owned enterprises show how much reform is still needed

NOTHING has been made in the engine factory in Thagaya, in the south of Myanmar, since April last year. Yet around 350 employees still turn up each day. In 2016 government-owned factories like this one made a loss of more than $ 200m. When Myanmar moved from military dictatorship to a form of democracy, its […]

France and Germany finally have a common position on euro-zone reform

Roofers’ convention THE president of the European Commission, Jean-Claude Juncker, likes to compare the euro zone to a house in need of repair. Fix the roof, he counsels, while the economic weather is favourable. Leaders from across the European Union will have the opportunity to take that advice when the European Council meets in Brussels […]

‘First step’: House passes prison reform bill uniting (some) Democrats and Trump

The US House of Representatives overwhelmingly backed the First Step Act, which would allow more inmates to earn an early release from federal prisons and end practices such as shackling female prisoners during childbirth. The bill, House Resolution 5682, was approved on Tuesday evening by a vote of 360 in favor and 59 opposed. Co-sponsored […]

ARLC reform to be voted down

THE NRL’s push for constitutional reform of the independent commission is set to be voted down by three dissenting clubs next week. The NSWRL on Wednesday night said it had been informed the changes to the Australian Rugby League Commission constitution were set to be defeated when the clubs meet at Rugby League Central on […]