Uncertainty is sweeping the globe. That’s very bad for business. - News Summed Up

Uncertainty is sweeping the globe. That’s very bad for business.


Chinese President Xi Jinping smiles to the audience after his speech at the World Economic Forum. (Michel Euler/Associated Press)The United States isn’t the only country that’s a complete basket case right now. That’s according to the relatively little-publicized Global Economic Policy Uncertainty Index, which just hit a two-decade high. It tracks the relative frequency of news coverage relating to economic policy uncertainty, based on archives from major newspapers in 18 countries. But internally China, too, faces record-high economic policy uncertainty, thanks to an enormous capital exodus, a regulatory clampdown and manufacturing troubles.


Source: Washington Post February 07, 2017 00:33 UTC



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