Globalization Down...but not Out
WITH UK leaving the European Union (EU) and the heated US presidential campaign, where both key candidates have objected to the existing TPP (Trans-Pacific Partnership) free trade agreement as well as last week's problematic CETA free trade agreement between Canada and the EU, it is not surprising that some are talking about the end of globalization.
In the US, globalization is being…
Two weeks have passed, and the cargo ship MV Ever Judger has not left the waters of Balikpapan Bay in East Kalimantan. This ship, which sails under the flag of Panama, should have set sail on March 30, leaving Balikpapan with a cargo of 74,000 tons of coal, headed for Lumut, Perak, Malaysia. The captain had been authorized to leave by the port authority.