In the case of Nafta, the Trump administration ran the risk that retaliation by Canada and Mexico would result in beggar-thy-neighbour outcomes for all. After an initial attempt to do so, however, they made many of the concessions the US wanted and that are now included in the US-Mexico-Canada Agreement (USMCA). China, however, initially reacted differently, and may have overplayed its hand. By prolonging trade tensions with the US through an extended tit-for-tat escalation of tariffs, the authorities allowed the economy to slow and prompted many companies to start diversifying their supply chains in an effort to reduce their reliance on China. The new mantra among a growing number of those operating in China reflects this: “In China, for China”. … [Read more...] about Is Donald Trump’s Iran strategy working?
The completion of two new hospitals whose construction was brought to a halt by the collapse of the government contractor Carillion has been delayed by two more years and will run hundreds of millions of pounds over budget, according to Whitehall’s spending watchdog. … [Read more...] about Two hospitals held up by Carillion collapse are delayed further
“Most countries define fracking as the intention to fracture the rock, but the UK takes the use of quite a large volume of fluid as the definition of fracking,” he said. “It’s quite possible to use a small volume of fluid to frack the rock, including acid, without actually naming it as fracking and without going through the formal permissions for fracking.” … [Read more...] about Activists warn of ‘fracking by stealth’ and call for acid fracking ban
In a secluded forest in West Kingsdown in Sevenoaks, Camp Wildfire is a summer scout-style camp for adults – and a joyous weekend to round-off the festival season. Embrace playtime and adventure by day – with quad biking, zorbing, flying trapeze, paddleboarding, tree-climbing, archery, raft and shelter building – followed by parties at night with DJs and live music (including DJ Yoda, Craig Charles, Horse Meat Disco and Norman Jay in previous years). There’s a wide range of activities on offer, from calligraphy to astronomy, beekeeping to swing dance, apothecary to campfire bread-baking, and radio station presenting to tie dye. Prefer to rave first thing? The Morning Gloryville dance club offers refreshing beats at 8am, or take some time out with wood-fired hot tubs, yoga and mindfulness.• From £235, tickets on sale soon, campwildfire.co.uk … [Read more...] about Five of the UK’s best adventure and wellness festivals in 2020
Going up Pharrell’s chin plaster It’s back! Previously seen in Mickey Mouse print in 2014, the face accessory returned in muted tones for Diddy’s birthday party. … [Read more...] about From Pharrell’s chin plaster to glitter: this week’s fashion trends