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Populism is on the rise across the world as President Donald Trump works to enact America-first policies, the British craft a formal exit strategy from the European Union, and two non-establishment party presidential candidates go head to head in France. But that isn't scaring corporate dealmakers in the U.S. who say more M&A opportunities are on the horizon and global politics isn't impacting their strategies.
With the U.S. seeing the second highest first-quarter deal activity in a decade (up 22% to $366 billion from last year), nearly 80% of U.S. executives say they plan to actively pursue mergers and acquisitions over the next year. That's well above the long-term average of 47%, according to new data from EY's bi-annual Global Capital Confidence Barometer, which surveys 2,300 corporate executives.
Source: Fox News
(Score: 3, Insightful) by linkdude64 on Wednesday April 26 2017, @12:39AM (5 children)
I haven't heard anything about TPP or whatever its next incarnation is meant to be. I know that with Mexico we have the upper hand in negotiations by far, and that the same goes for Canada.
Companies cannot change strategies on legislation which has not been passed, or on trade agreements which have not been negotiated yet, so this is a complete non-story.
Trump's election in and of itself prevented many under-handed deals from happening - search Wikileaks for Clinton's "Pay to Play" with regards to Federal appointments in exchange for donations from private industry.
This is just more anti-Trump clickbait. Yes, Fox News does it too.
TRUMP WON'T RUN
TRUMP WON'T BE THE NOMINEE
TRUMP WON'T BE THE PRESIDENT
TRUMP WON'T CANCEL THE TPP
TRUMP WON'T STAND UP TO RUSSIA
TRUMP WON'T INCREASE BORDER SECURITY
***YOU ARE HERE***
TRUMP WON'T RENEGOTIATE TRADE DEALS
TRUMP WON'T BUILD THE WALL (prototypes being built)
etc., etc.
(Score: 2, Informative) by its_gonna_be_yuge! on Wednesday April 26 2017, @01:20AM (3 children)
"I know that with Mexico we have the upper hand in negotiations by far, and that the same goes for Canada."
You do realize that many readers here are not Americans, right? And as far as "we have the upper hand" goes, that may be fine for your own wanking but you won't get the better of us in Canada by trying to ram unfair anti-Nafta tariffs down our Mackinaws. And BTW - we can play well with others - without throwing tantrums and shouting "it's a disaster" or "it's a huge mistake" or "it's a pussy - grab it".
So there.
(Score: 2) by linkdude64 on Wednesday April 26 2017, @02:21AM (2 children)
You do realize that many readers here are not Americans, right?
I was referring to myself and my country, not "our" site SoylentNews, or its readers.
(Score: 2) by its_gonna_be_yuge! on Wednesday April 26 2017, @02:34AM (1 child)
"I was referring to myself and my country, not "our" site SoylentNews, or its readers."
Your post assumes the audience is American, and that you Americans can get the better of Canadians and Mexicans. That's what you said.
I really find Americans who belittle the rest of us a PITA, but whatever.
(Score: 2) by The Mighty Buzzard on Wednesday April 26 2017, @02:42AM
Most of the community is American. That's not me shitting on other nationalities, just traffic statistics. Strangely though, a larger percentage of the staff are from/living elsewhere than in the community as a whole.
My rights don't end where your fear begins.
(Score: 0) by Anonymous Coward on Wednesday April 26 2017, @06:04AM
I haven't heard anything about TPP or whatever its next incarnation is meant to be. I know that with Mexico we have the upper hand in negotiations by far, and that the same goes for Canada.
That's some trumpian zero-sum delusionalism.
The "upper hand" doesn't mean jackshit when you can't walk away because walking away means losing hundreds of billions of dollars.
If trump tries that brinksmanship his bluff will be called. He can't afford to fuck over the farmers in the heartland, but they are the ones who will immediately lose out because they depend on exporting their crops. [agfax.com]