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"Live Players" with Samo Burja and Erik Torenberg cover image

Singapore's Rise to Prosperity: The City-State Strategy

"Live Players" with Samo Burja and Erik Torenberg

NOTE

Rise of trade blocks as the basic unit of international trade

Trade blocks are becoming the fundamental unit of international trade, evident in the deteriorating economic relationships between the United States and Western Europe, as well as the escalating trade tensions with China. This shift is also reflected in the tech industry, where the EU imposes fines on American companies, indicating a stealth digital trade war between Europe and the United States. The US is predicted to emerge victorious due to Europe's sluggishness in providing its own digital services.

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