The Organization of the Islamic Cooperation (OIC) will hold an extraordinary summit in Istanbul, Turkey, on Wednesday, December 13, 2017, to discuss the repercussions of the announcement of US President Donald Trump last week recognizing Jerusalem as the capital of Israel. Last Monday, the OIC appealed to its 57 member states to cut ties with any country that recognizes Israel’s annexation of Jerusalem.
If the members of the OIC revise bilateral trade relations with the US, which OIC members have the most flexibility to injure the US in terms of total trade volume or specific commodities?
Imports to the US | Exports from the US
The United States being the biggest economy in the world significantly influences the global economic situation. The US economy is comprehensively covered by data and statistics from multiple government and private sources. We selected the most significant and up-to-date ones and presented them in this cheat sheet.
Federal Open Market Committee (FOMC) in its latest meeting on September 20, forecasted that PCE inflation rate in the United States will average at 1.6 percent in 2017 then increase to 1.9 percent in 2018 and stabilize at around 2 percent over 2019-2020. FOMC - monetary policymaking body of the U.S. Federal Reserve System seeking to foster price stability - publishes inflation projections from its all twelve members four times a year in connection with their meetings in March, June, September, and December. The next projection will be made on the next two-days meeting on December 12-13. PCE inflation refers to the percent change of Personal...
Surveillance of national trade policies is a fundamentally important activity running throughout the work of the WTO. At the centre of this work is the Trade Policy Review Mechanism (TPRM). All WTO members are reviewed, the frequency of each country’s review varying according to its share of world trade. Event holder: WTO