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Pete Domenici's call for tackling the "fiscal cliff" and the CEO statement of October 2012
10/25/2012
Two initiatives, Strengthening America led by Pete Domenici of the Domenici-Rivlin commisson, and Fix the Debt which organized the CEO's statement of Oct. 2012, support a bipartisan movement that would address the tough challenges of deficit reduction without simply kicking the can down the road. Both initiatives look to the Simpson-Bowles commission recommendations as the basis of tackling the problem.
Linked Articles
Pete Domenici and Sam Nunn: Building a better ‘fiscal cliff’ - The Washington Post
Washington Post 10/27/2012
CEOs Call for Deficit ActionWall Street Journal 10/25/2012
Russian president Putin and BP's 20% stake in Rosneft
10/18/2012
Putin sees the larger British ownership stake in Rosneft a offering more stability to the company. This also provides Russia with a reliable partner on other projects and access to new technology. Putin defended the deal for Rosneft to acquire TNK-BP because of the endless conflicts between the partners, which he says he warned against at the outset. He pointed to the 50-50 ownership arrangement in TNK-BP as inherently unstable leaving no one in control.
Linked Articles
Moscow Had 'Mixed Feelings' on TNK-BP Deal, Putin Says
Wall Street Journal 10/25/2012
BP Nears Deal to Sell TNK-BP StakeWall Street Journal 10/18/2012
President Obama's second term- (3) failure to lead on the domestic front and how it relates to Syria-Iraq, the careful observations of Panetta and Woodward
09/07/2012
Leon Panetta, U.S. Defense Secretary under Obama, who was also U.S. president Clinton's chief of staff, and Bob Woodward, renown Washington Post journalist, say Obama failed to lead on domestic policy issues and his own agenda during the first term.
Linked Articles
Wall Street Journal 09/07/2012
Former Defense Chief Panetta Criticizes Obama in New MemoirWall Street Journal 10/07/2014
The Sentier Research study that shows median American household income decline of $4019 from Jan 2009 to June 2012
08/23/2012
Worst hit groups in terms of the decline are blacks, people 55-64 nearing retirement, those with a high school diploma but no college degree. The decline affects both younger and older Americans.
Linked Articles
Big Income Losses for Those Nearing Retirement
New York Times 08/23/2012
Negative $4,019Wall Street Journal 08/25/2012
The risks to Chrysler in 2013-2015 with delayed new and redesigned models, and higher incentive costs reducing margins
07/31/2012
Lower cash flow from the demands for new and redesigned models in a very competitive market, the higher incentives costs reducing margins, combined with losses in the Fiat European operations, will pose challenges for Marchionne in 2013-2014.
Linked Articles
Chrysler Profit Up, Cautions on Spending
Wall Street Journal 01/31/2013
In Turnabout, Chrysler Profit Offsets Fiat LossWall Street Journal 07/31/2012
Kazuo Inamori of Japan Air Lines and Akio Toyoda of Toyota Motor- Renewal of Japanese management style 2010-2015
07/30/2012
Linked Articles
‘Mikoshi’ Management: How Kazuo Inamori Lifted Japan Airlines
Wall Street Journal 07/30/2012
To Whom Do Japan’s Most Powerful Turn for Advice? The Sensei of SeaweedWall Street Journal 09/01/2015
EADS Airbus efforts to improve manufacturing efficiency and company culture to double operating margins by 2015
07/13/2012
Linked Articles
Airbus on Track to Double Profit Margin by 2015
Wall Street Journal 06/16/2013
Airbus Wants A380 Cost CutsWall Street Journal 07/13/2012
Production problems, outsourcing issues, delivery delays, and its impact on the Boeing Dreamliner and Airbus A-350 programs
07/11/2012
Changes in orders and cancellations by Quantas, China Eastern and other airlines as a result of long delays in the Dreamliner 787 program.
Linked Articles
Boeing 787 Profit Plan Strained by Order Cut
Wall Street Journal 08/24/2012
Hit by Delays, Airbus Tries New Way of Building PlanesWall Street Journal 07/11/2012
Torrelodones, Castilla La Mancha and the effort to clean up accounts in local government in Spain
06/25/2012
Wasteful spending, cronyism, corruption and lack of transparency in local government marked the years of the construction and real estate boom in Spain. Now grassroots efforts are taking place across Spain to clean up accounts, ensure transparency, and divert wasted resources to meet vital needs. Similiar efforts are taking place from Thessaloniki, Greece, to Sicily, Italy, as Europ faced with high unemployment and austerity cuts comes up with its own efforts for renewal from the bottom up setting the political elites aside.
Linked Articles
Europe's Recession Sparks Grass-Roots Political Push
Wall Street Journal 05/21/2013
A Spanish Leader Emerges as a Crusader for AusterityWall Street Journal 06/25/2012
Boeing and lessons learned from the $50 billion Dreamliner project- (1) a shift to incremental improvement for the path ahead
06/08/2012
No more moonshot projects, say CEO McInerney, and Ray Conner, head of the airplanes division. The cost of the Dreamliner exceeds $50 billion by 2015, according to Barclays Capital, including R&D and related costs. The focus is now on incremental change, on striving for simplicity, reducing complexity, and increasing reliability, after the experience of over 3 years of repeated delays, cost overruns, and reliability failures, high complexity, and overloaded manufacturing processes on the Dreamliner project.
Linked Articles
At Boeing, Innovation Means Small Steps, Not Giant Leaps
Wall Street Journal 04/03/2015
Boeing Hits a MilestoneWall Street Journal 06/08/2012
Germany's distorted national priorities- underinvestment in childcare centers and in wages for childcare and early education teachers
06/06/2012
Melissa Eddy of the NYT provides these two exceptional accounts of Germany's national priorities gone awry as the economic revival takes place in manufacturing, but leaves behind important areas such as early childhood education and child care centers. A lack of investment in the people who form the backbone of the educational system, is one of the forms of the distorted priorities. It may be recorded as the singular lapse of the Merkel administration in the last decade.
Linked Articles
German Child Care Workers’ Strike Brings Debate on Priorities
New York Times 06/05/2015
Germany Considers Subsidies for Non-State Child CareNew York Times 06/06/2012
A recovery in auto sales in the U.S. market to the annual 14 million vehicle level in 2012
06/01/2012
The aging of vehicles to about 10.8 years on average for vehicles on the road in the U.S. is supporting a reovery in the automobile market in 2012. The strong recovery for Japanese automakers in the U.S. is reducing the advantage of American automakers who benefitted from the shortages of Japanese cars after the tsunami in Japan in 2011. The recovery for Japanese automakers is uneven with Toyota doing better than Honda in the U.S.
Linked Articles
May Car Sales Keep Up Healthy Pace
New York Times 06/01/2012
U.S. Auto Sales Keep RisingWall Street Journal 06/02/2012
The importance of vocational training in cities like Dayton, Ohio, with historically low college graduation rates
05/28/2012
These cities are being squeezed by high unemployment and declining incomes from lower paid manufacturing jobs. This makes college education more elusive than ever, and much worse so with the over $1 trillion in college debt in the U.S with spiralling cost of higher education. Vocational training in higher paid fields for families that cannot afford college and children who are not likely to go to college, is the only way not to leave behind a generation of growing children behind in these cities. It is an issue of the utmost importance for renewing America's smaller cities that do not have the advantages of San Francisco, Washington D.C. and Raleigh, S. Carolina, with their advanced university and technology hubs and access to finance.
Linked Articles
As College Graduates Cluster, Some Cities Are Left Behind
New York Times 05/30/2012
It’s time to drop the college-for-all crusade - The Washington PostWashington Post 05/28/2012
German chancellor Merkel and the EU plan for aid to Spain's banks in Oct. 2012
10/18/2012
Merkel turns down an effort pushed by France and Spain at the Oct. 2012 EU leaders meeting for direct aid to Spanish banks. Instead money has to go from the European Stability Mechanism fund to Spain after a request by Spain for aid. The aid request by Spain would be met under program of conditionality set by the IMF, EU and ECB. Spain is delaying a request for aid as borrowing rates on Spanish bonds declined to about 5% by late October 2012. The Rajoy government in Spain faces regional spending problems and separatis sentiment in addition to high unemployment and a worsening situation with its banks. Merkel faces elections for chancellor in Germany in Sept. 2013 and says more time is needed to setup the eurozone banking supervisory authority- to be set up in the course of 2013 with the legal setup completed by Jan 2013 as a concession to France. This would push banking supervision and financial architecture till after the election.
Linked Articles
German Refusal on Bank Aid Mars European Summit
New York Times 10/19/2012
Europe Seeks a Spain StrategyWall Street Journal 10/18/2012
The EU debate between France's Hollande and Germany's Merkel before and during the EU's Oct. 2012 meeting
10/17/2012
The issue was direct aid to Spanish banks and the early setup of an EU banking supervisor so that Spain could get early debt relief as its economy struggles with high unemployment of over 25%. Chancellor Merkel turned down direct aid to Spanish banks, and partly relented on banking supervision by agreeing to have the legislation completed by Jan 2013 and the actual setup of the supervision authority during the course of 2013, probably after elections in Germany in Sept. 2013.
Linked Articles
German Refusal on Bank Aid Mars European Summit
New York Times 10/19/2012
Hollande fires warning shot at Merkel over austerity on eve of EU summit | World news | guardian.co.ukThe Guardian 10/17/2012
Drop in incomes in the U.S., especially older Americans in 2012-2013
08/23/2012
Linked Articles
Big Income Losses for Those Nearing Retirement
New York Times 08/23/2012
Big Income Losses for Those Nearing RetirementNew York Times 08/23/2012
Nokia's plunging marketshare in the smartphone market as it moves to seventh place by Nov. 2012
08/14/2012
Linked Articles
Nokia Slips to Seventh in Smartphone Market
Wall Street Journal 11/15/2012
HTC Beefs Up China Push as U.S., Europe LagWall Street Journal 08/14/2012
Kazuo Inamori's turnaround of Japan Airlines (JAL)
07/30/2012
Kazuo Inamori founded Kyocera and is considered one of Japan's leading corporate leaders along with such names as Sony's Akio Morita, and Honda's Soichiro Honda. At age 77, Inamori took up the task of revitalizing Japan Airlines and turning around the airline after huge losses. The story of how he managed to accomplish this using his unique management philosophy, cost management, JAL's strategies, and employee efforts.
Linked Articles
Japan Airlines Roars Back With an Eye on U.S. Market
Wall Street Journal 07/30/2012
‘Mikoshi’ Management: How Kazuo Inamori Lifted Japan AirlinesWall Street Journal 07/30/2012
Spain macroprudential supervision of its banking system once lauded now turns out to be "timid" and false, could the same be true for China?
07/18/2012
Spain's central bank had a reputation of providing good supervision for Spain's banking system. The problems at the Cajas Savings banks and the current assessment after the request for $125 billion in EU funds for Spain's banks shows how this turned out to be false. Does China face a similiar problem with its housing bubble. The U.S., UK and Spain, failed to control and manage the effects of a housing bubble, can China be a lone exception? Rapid growth enabled China to cope with bad loans in the banking system, with slower growth, a weak European market for exports, and a stimulus that is about one eighth the size in annual investment- one trillion yuan over 4 years in the current stimulus compared to 4 trillion over 2009-2010 in the last stimulus plan. Can China manage this bubble, does it have the experience managing this type of problem or has it papered over the problems as Spain did? This has repercussions for industries and countries from the export sector in Germany, Australia and Brazil to industries such as the German automobile industry, and companies such as Caterpillar.
Linked Articles
As China’s economy slows, real estate bubble looms - The Washington Post
Washington Post 10/03/2012
Spanish Official: Slow Reaction to CrisisWall Street Journal 07/18/2012
IranAir and Mahan Air - Iran's airlines and western sanctions limiting access to spare parts
07/13/2012
Linked Articles
Sales to Mahan Air Blacklisted by U.S. Hang Over Iran Talks
New York Times 06/09/2015
Iranâs Airliners Falter Under SanctionsNew York Times 07/13/2012
The basics for European financial architecture go in place- ECB as single banking supervisor in the eurozone, Dec. 12, 2012
06/26/2012
Linked Articles
EU Reaches Deal on Bank Supervisor
Wall Street Journal 12/13/2012
Report Suggests ECB Bank SupervisionWall Street Journal 06/26/2012
The drop in commodity prices with slowing growth in China balanced by higher absolute levels of demand 2014-2015
06/11/2012
Linked Articles
China Slowdown Is Rocking Raw Materials
Wall Street Journal 03/12/2014
Commodity prices drop on economic woes in Europe, China, U.S. - The Washington PostWashington Post 06/11/2012
Accelerated development of nuclear energy in India and China in 2013-2020
06/06/2012
Over tenfold increase in nuclear energy capacity planned in India and fivefold in China by 2020. Safety practices being put in place after the Fukushima nuclear disaster, energy shortages in India, and excessive coal generated pollution in China, give a new perception of the importance of nuclear energy in the energy mix for the two countries.
Linked Articles
India Starts Nuclear Reactor After Lengthy Delays
Wall Street Journal 10/23/2013
China Nuclear Firm Plans Up to $27 Billion IPOWall Street Journal 06/06/2012
The difficult outlook for Australia's Quantas airlines
06/05/2012
Linked Articles
Qantas Warns Of Big Drop In Earnings
Wall Street Journal 06/05/2012
Global Airlines Fly Into 'Storm'Wall Street Journal 06/05/2012
Lenovo's focus on emerging markets and its in-house manufacturing help it gain second place in the PC industry worldwide 2012-2013
05/29/2012
Lenovo is emerging as China's global brand with a large presence in China and India, the two fastest growing markets.
Linked Articles
As Rivals Outsource, Lenovo Keeps Production In-House
Wall Street Journal 07/09/2012
PC Firm Lenovo Hunts For Brazil AcquisitionsWall Street Journal 05/29/2012
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