The Cambridge Weekly – 8 October 2018
Italy lives up to its reputation – again
As Mark Twain (probably) didn’t say, “History doesn’t repeat itself, but it often rhymes”. Maybe so, but with certain news stories you can’t help but feel like you’ve heard this song before. Italy, with its struggles, scares and ‘showdowns’ against EU leaders, is a case in point.
China: Not terrible, not great
It’s not been an easy year for China. The worsening trade war with the US has come at the same time as the government’s deleveraging process has been slowing the economy. The result has been more stress in the economy than the country’s central planners anticipated. Opinion on China now ranges from those who expect a crash landing to those who see a smooth exit from this tough period. We’re somewhere in the middle.
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