How the G20 can deal with Trump’s Chinese currency complaints in Baden-Baden

Photo: Trump Cartoon

Trump still aims to designate China as a currency manipulator

Last week in an interview with Reuters, U.S. President Trump labelled the Chinese as “grand champions at manipulation of currency”, indicating he has not fully backtracked from his campaign promise to designate China as a ‘currency manipulator’ on ‘day one’ of his Presidency. The position of Washington on this topic has not exactly been crystal clear, however, with the new U.S. Secretary of the Treasury, Steve Mnuchin, announcing on the same day as Trump’s comment that the Treasury was in fact still going through the formal process of analysing Chinese currency practices, and that no judgements would be made prior to the completion of that process.

Privatsektorförderung in der Entwicklungszusammenarbeit – ein wichtiger Faktor für die Agenda 2030

Photo: Hot metal

Mit der „Agenda 2030 für nachhaltige Entwicklung“ verständigten sich die UN-Mitgliedstaaten im Jahr 2015 auf 17 globale Ziele für nachhaltige ökonomische, ökologische und soziale Entwicklung. Im Unterschied zu den Millennium-Entwicklungszielen, die vor allem auf die Armutsbekämpfung in Entwicklungsländern abzielten, betonen die „Sustainable Development Goals“ (SDG) die gemeinsame Verantwortung aller Staaten der Weltgemeinschaft.

The Munich Security Conference – three world orders in the making

Image: Munich Security Conference

New directions from Munich

Bringing together more than 400 foreign and security policy elites from the transatlantic community and an irritatingly small number of representatives from the non-Western world, the Munich Security Conference somewhat resembled a couple’s therapy session and an attempt at self-reassurance. Does the West still exist? Do we still need the West? What is the West about? And, finally, a huge question, which world order is it worth fighting for?

The G20 Foreign Ministers‘ Meeting: Rebuilding the Social Fabric of International Cooperation

On 16-17 February 2017 the foreign ministers of the G20 countries gathered in Bonn, Germany’s United Nations city. This was the second ever meeting of foreign ministers under the G20 umbrella, which brings together 19 of the world’s largest economies, plus the European Union. The discussion among the G20 foreign ministers officially centered around issues of a long-term nature such as the implementation of the 2030 Agenda for Sustainable Development and the Paris climate agreement, crisis prevention and resolution, and opportunities for deepening the G20’s relationship with African economies.

A new basis for the cooperation with Africa

Image: Highway

From agricultural to market society

Seldom is the African market discussed in terms of an opportunity for international cooperation. As long as Europe and the USA subsidise their agriculture, African farmers have no place within the European markets. A stable middle class struggles to develop in consequence. Germany and Europe could help trigger a turnaround if processes of endogenous development were supported by economic measures and technological and research collaborations.