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BP's steady focus on safety under CEO Bob Dudley
04/20/2011
Dudley says BP is not going to get off the path of focus on safety, and "stepping up the accelerator of performance, thats not going to happen." BP's second quarter 2012 performance reflected lower levels of production to permit maintenance and improvements in infrastructure at its deep water oil fields in the Gulf of Mexico. Similiar maintenance will be undertaken at North Sea fields in the rest of 2012. Cost cutting on maintenance and infrastructure improvements to improve profit performance created an environment that led to the oil spill in the Gulf of Mexico and created huge legal liabilities.
Linked Articles
BP Posts Unexpectedly Large Loss
New York Times 07/31/2012
The Lessons of Deepwater HorizonWall Street Journal 04/20/2011
Hope and reality in Nigeria (3)- President Jonathan Goodluck 2011-2015, and President Muhammadu Buhari 2015-2019
02/24/2011
Too many young people in Africa are seeing their hopes dashed, and their dreams vanish. After 4 years of the Jonathan administration, young people in Kano and other cities place their hopes on Muhammadu Buhari. The demographic dividend is in danger of being wasted in Africa's most populous country.
Linked Articles
Nigerian Central Bank Governor Ousted
Wall Street Journal 02/21/2014
Nigeria Details Oil Windfall SpendingWall Street Journal 02/24/2011
Statistical problems with China's government statistics which understate the housing bubble and overstate the rate of growth in 2011-2013
02/17/2011
Problems with data from China's Bureau of Statistics which do not accurately reflect the economic conditions in China.
Linked Articles
Chinese Data Said to Be Manipulated, Understating Slowdown
New York Times 06/22/2012
China Scraps Property Data, Clouding ViewWall Street Journal 02/17/2011
Sobhi Saleh, member of parliament from Alexandria, Egypt, and Egypt's path to democratic processes.
02/04/2011
Sobhi Saleh represented Alexandria in parliament from 2005 to 2010, for the Muslim Brotherhood. Nicholas Kulish provides an heart rending account of how Saleh makes his way out of a prison set on fire after his arrest during the Egyptian protests. He was selected by the Egyptian military as a member of the eight member panel asked to rewrite key articles of the constitution.
Linked Articles
Egypt's Military Names Constitutional Panel
Wall Street Journal 02/15/2011
Why a Member of the Muslim Brotherhood Was Late to the RevolutionNew York Times 02/04/2011
Madeleine Albright, Condoleeza Rice and Hillary Clinton- Early warnings and the failure of the Obama administration to respond in Egypt
02/01/2011
Condy Rice and Madeleine Albright raised red flags about the situation in Egypt- Rice in 2005, and Albright as part of the Egypt Working Group in 2010 when Mubarak conducted another fradulent election. Hillary Clinton and president Obama acted as if taken by surprise and were hesitant in their response.
Linked Articles
U.S. Had Year of Warnings Over Egypt
Wall Street Journal 02/16/2011
Michael Gerson - Arabs' urge for self-government shouldn't be a surpriseWashington Post 02/01/2011
Closer Japan-U.S. ties in 2012-2015
01/10/2011
Linked Articles
Wall Street Journal 05/23/2012
Fred Hiatt - Patching up our alliance with JapanWashington Post 01/10/2011
The growth compact for Europe: increasing German wages to benefit German workers and increase imports from other eurozone countries
08/17/2010
German workers exercized a decade of wage restraint under the Hartz reforms. This has led to a large increase in the sector of lower paid workers. Polls show 4 out of 5 workers feel they have not benefitted from the growth in the economy in Germany. Higher German wages coupled with wage restraint in France, Spain, Italy and other eurozone countries would help increase imports into Germany from other eurozone coutnries. This would help rebalance the eurozone economies.
Linked Articles
Germany's Inflated Fear of Inflation
Wall Street Journal 02/14/2012
German Workers' Wages Belie Country's ReboundWall Street Journal 08/17/2010
David Stockman says Republicans have given up their role in doing financially responsible budgeting for decades.
07/11/2010
The budget deficits, Reagan's Budget director says, developed to this point after decades of irresponsivble budget behaviour that has lasted gone on for four decades. He says the Greece style deficit of 120% of GDP for the USA by 2015 calls for austerity.
Linked Articles
Four Deformations of the Apocalypse
New York Times 07/31/2010
Crisis Awaits Worldâs Banks as Trillions Come DueNew York Times 07/11/2010
The paradox of low U.S. productivity growth holding back wages in 2015-2016 (2)- Apple, Google, Facebook and low productivity improvement since 2005
07/01/2010
Linked Articles
Andy Grove: How America Can Create Jobs
BusinessWeek 07/01/2010
The Mystery of Declining Productivity GrowthWall Street Journal 05/15/2015
BP's failure in the Gulf Oil Spill and the Justice Department settlement in Nov. 2012
06/15/2010
The Justice Department filed criminal charges against engineers and managers at BP citing wanton and negligent conduct.
Linked Articles
In BP Indictments, U.S. Shifts to Hold Individuals Accountable
New York Times 11/15/2012
Oil Executives Try to Explain Differences From BPNew York Times 06/15/2010
The need for a new European economic government to back the euro currency.
04/29/2010
The French view that there should be a common economic government and clear institutional responsibilities and the German view that is not so willing to cede national sovereignty in economic matters. The fiscal and structural flaws that need to be repaired for the euro currency to work.
Linked Articles
Economist 05/13/2010
As Greek Drama Plays Out, Where Is Europe?New York Times 04/29/2010
Greece and EU in 2015 - (5) What went wrong? What errors were made by Greece 2003-2009?
03/03/2010
Linked Articles
Europeâs Two Years of Denials Trapped Greece
New York Times 11/05/2011
Europe's Original SinWall Street Journal 03/03/2010
The inaction at GM 2009-2013 for the defective ignition switch recall and the inaction at Toyota for unintended acceleration recall
02/10/2010
GM's management lost track of quality issues that were buried at lower levels during the bankruptcy period. Toyota's management in the U.S. referred the NHTSA to quality managers in Japan who did not make the necessary effort to look into and address the problem. This shows that quality is not just a technical issue for the engineers and requires management atention at the highest levels, direct reporting to top managers. It also shows that quality problems never go away, will always be present, no matter how good you think you get. Small mistakes can be very costly as BP, TEPCO in the Fukushima nuclear disaster, Toyota, have shown in the recent past.
Linked Articles
General Motors Misled Grieving Families on a Lethal Flaw
New York Times 03/24/2014
Safety Agency Scrutinized as Toyota Recall GrowsNew York Times 02/10/2010
The safety failures that could have been prevented with stronger oversight and control for the Fukushima nuclear plant disaster
03/21/2011
The independent parliamentary panel in Japan concuded in its July 2012 Report that the nuclear accident at the Fukushima plant was "a profoundly man-made event." Here in its investigations after the accident the Wall Street Journal finds some of the safety flaws that could have been corrected but were not due to the compete lack of effectiveness of the safety agency and its failure to do its job. As a result licenses for forty year old nuclear reactor designs and installation designs were simply renewed without requiring changes or shutting down these reactors. It is these older designs that were also improperly installed that failed.
Linked Articles
Japan Plant Had Troubled History
Wall Street Journal 03/21/2011
Design Flaw Fueled Nuclear DisasterWall Street Journal 07/01/2011
The Fall of an American Icon- HP, Lee Apotheker and the Autonomy Acquisition Inc.
02/18/2011
The Autonomy acquisition charge of $8.8 billion announced by CEO Meg Whitman on Nov. 20, 2012, come at a time of declining sales and margins in its printer and PC businesses. The costly charges on bad acquisitions by H-P is likely to hurt investment in R&D for years.
Linked Articles
Hewlett's Loss: A Folly Unfolds By the Numbers
New York Times 11/20/2012
Chief Reboots H-P After ScandalWall Street Journal 02/18/2011
Saudi expert Karen Elliott House's thirty years of experience covering the Middle East tell us that the U.S. policy is sorely out of touch in the Middle East
02/15/2011
Elliott House is a former publisher of the Wall Street Journal and a Pulitzer prize winner for covering the Middle East. She sees the Saudi Arabian princes sorely out of touch with the ordinary Saudis and the young people and U.S. policy at an impasse. Rice says the policy of supporting autocracy only brings a false kind of stability. She sees Egypt, Tunisia and the rest of the Arab world and thinks it did not have to be this way.
Linked Articles
Condoleezza Rice - The future of a democratic Egypt
Washington Post 02/16/2011
From Tunis to Cairo to Riyadh?Wall Street Journal 02/15/2011
Michael Gerson was with Condoleeza Rice in a rare meeting in Cairo, Egypt, in June 2005, to support democratic voices.
02/01/2011
The meeting set up in a conference room in Cairo, Egypt, had 9 opposition figures, including Ayman Nour, a presidential candidate.
Linked Articles
Condoleezza Rice - The future of a democratic Egypt
Washington Post 02/16/2011
Michael Gerson - Arabs' urge for self-government shouldn't be a surpriseWashington Post 02/01/2011
Condoleeza Rice and Elliott Abrams question the whole policy of supporting autocracy to preserve a false kind of stability in Egypt and the Arab world
01/28/2011
This stability that comes at the expense of liberty and basic freedoms does not serve America well. This only helps give rise to malignant forces that grow when democratic voices are suppressed. This is especially true in Egypt, Tunisia, Saudi Arabia and the rest of the Arab world where a false stability has been created.
Linked Articles
Condoleezza Rice - The future of a democratic Egypt
Washington Post 02/16/2011
Egypt protests show George W. Bush was right about freedom in the Arab worldWashington Post 01/28/2011
Erfurt, Thuringia, Germany- (1) in 2010 20 years after reunification of Germany, and Erfurt in 2015 as it copes with a wave of refugees in 2015
09/30/2010
Linked Articles
Empathy and Angst in a German City Transformed by Refugees
New York Times 09/11/2015
For Some Germans, Unity Is Still Work in ProgressNew York Times 09/30/2010
The shift to digital for newspapers in the U.S. with shrinking number of journalists to cover local and national news- 2010-2015
07/29/2010
Linked Articles
New Orleans Times-Picayune to limit printing to three days per week - The Washington Post
Washington Post 05/25/2012
Mixed Ad Message From NewspapersWall Street Journal 07/29/2010
Greece's referendum and the 3 year bailout of July 12, 2015- military spending, shipowners taxes, and cuts to pensions
07/10/2010
Greece's left Syriza government almost pulled the country out of the eurozone over pension cuts, even as military spending in Greece remained at 2.4% of GNP compared to close 1.4% for the EU average. Greece did not propose further cuts to military spending to bring the Greece ratio closer to that of Germany and other countries in Europe, raising questions about prudent spending. Which is why Greece sometimes has aspects of the surreal to people not just in Germany and Holland, but other parts of Europe, and outsiders. Under the reform proposal and bailout of July 12, 2015 following the "no" referendum, Greece's parliament voted overwhelmingly in favor of the similiar cuts in pensions from an earlier EU proposal, with cuts of $300 million to the military spending by 2016. Greek shipowners will also pay taxes under the new bailout, negotiated by Greece with France's help when the referendum had damaged relations with the rest of the EU, particularly Germany with only 10% in polls willing to support any further concessions.
Linked Articles
Wall Street Journal 07/11/2015
The Submarine Deals That Helped Sink GreeceWall Street Journal 07/10/2010
Andy Grove of Intel and a reminder about Silicon Valley's role now missing role as a serious innovator and job creator at home
07/01/2010
Andy Grove reminded Silicon Valley about the dangers of forgetting manufacturing's important role in the U.S. in 2010. This is even more true today with the working class lagging behind in this recovery. He asked at the time what kind of society are we creating with professionally employed workers and lots of unemployed. It reminded him of 1932 with troops holding bayonets facing unemployed people outside the White House, and of his days in Hungary in the 1956 uprising. Grove also called for serious innovation which he did not see happening at the time in Silicon Valley.
Linked Articles
Andy Grove’s Warning to Silicon Valley
New York Times 03/25/2016
Andy Grove: How America Can Create JobsBusinessWeek 07/01/2010
Experts Roach, Grantham, Roubini and Shiller see serious risks of a double dip recession.
05/13/2010
Dangers of another bubble from zero interest rates which reward excessive risktaking, a blow to confidence levels from some sudden event, the eurozone crisis, and a fragile world economy that has not made the normal recovery, are cited
Linked Articles
Charlie Rose Talks to Nouriel Roubini
BusinessWeek 05/13/2010
Beware a Bernanke-Fueled Market BubbleBusinessWeek 05/13/2010
The problems facing Sony after developing the first e-reader in 2004 and the first OLED set in 2007- lack of a consumer mindset
04/22/2010
Competition from lower cost manufacturers adds to earlier problems of not keeping a consumer point of view for new products. A problem common to many of Japan's electronics companies.
Linked Articles
How Japan Lost Its Electronics Crown
Wall Street Journal 08/15/2012
How Vizio Beat Sony in High-Def TVBusinessWeek 04/22/2010
Hope and reality in Nigeria (2)- President Goodluck Jonathan 2011-2015, and President Muhammadu Buhari 2015-2019
02/20/2010
The hope of so many young Nigerians rest on Buhari getting things right and restoring confidence in government and the management of the economy after four years of the Jonathan adminsitration.
Linked Articles
Muhammadu Buhari Defeats Goodluck Jonathan in Nigeria Election
Wall Street Journal 04/01/2015
An Accidental Leader Stirs Hopes in NigeriaNew York Times 02/20/2010
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