Canaries in the coal mine

Jun 14, 07:35 PM

If you look at the headlines, populism and protectionism seem to be weirdly good for global business. Since 2015 the profits of the world’s 3,000 biggest listed firms have risen by 44% in dollar terms. Yet, as the world's trade system fractures, multinational firms are cutting cross-border investment and supply chains have stagnated. Globalisation is struggling