Alibaba Courts the U.S. and Europe to Get Global Growth

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Chinese e-commerce giant Alibaba is ramping up its global expansion with new services aimed at attracting small businesses in the U.S. and Europe.

Alibaba.com — the company’s business-to-business platform which sells to companies outside China — is launching “Alibaba Guaranteed.”  The new service will provide buyers with greater certainty on delivery, payments and dispute settlement.

Digital Economy Is Transforming the Global Economy

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The digital technology is transforming the global economy and is bumping up against Europe's heavy-handed approach to regulation—posing a threat to innovation, competition, and economic growth. 

A new chart out by European think tank Bruegel shows the dizzying array of regulatory edicts springing forth from Brussels.   

Europe’s quest to be the first to regulate may not result in smart regulation. Learn more how the Biden administration needs to offer sound counsel through constructive dialogue.   

Why the Dollar Is a 98-lb. Weakling

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Spend some time in the hotels, restaurants and even newsstands of Western Europe these days, and as an American you understand pretty quickly that you're poorer than you once were. To be precise, you're 40% poorer--to go by the dollar-euro exchange rate--than you were six years ago.

Read more here.