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This editorial in the WSJ in June 2016 points out the dangers in the U.S. president Obama not facing up to the threat in the Middle East since 2013 leading to the fall of Mosul,  and in not clearly focussing on the threat since then. This has created divisions inside Europe and the U.S. in internal politics, and is being exacerbated with the rise of far right groups in Europe and by Trump in the U.S. It points out that by not clearly identifying the threat president Obama has given "illiberal" policy a boost. It says Hillary Clinton should be careful to formulate her own position in line with policy that has been pursued since FDR.

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Events before and after the hacking of emails during the U.S. presidential election of 2017 and contacts with Russia of Republican party leaders and campaign officials for the Trump campaign are discussed in this report by the BBC.

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Britain's Office of National Statistics said that GDP declined by 0.2% in the first quarter of 2012 from the prior quarter. GDP declined by 0.3% in the fourth quarter of 2011. This means Britain is officially in a recession, with two consecutive quarters of negative growth. The ONS said GDP was 4.3% below its precrisis peak in the first quarter of 2008. The UK registered growth of a mere 0.4% since the coalition government of David Cameron took over in May 2010. This presents problems for prime minister Cameron in tackling the UK deficit. It also shows how difficult it will be for EU countries to address their deficits without economic growth. This has come into increasing focus with recent events in the Netherlands with the collapse of the government and upcoming elections on the issue of austerity cuts, and in France with the presidential elections and the swing to parties questioning austerity measures without economic growth.

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The Nikkei jumped 5% on March 13, on comments that the Japanese prime minister supported calls by the U.S. government for increased stimulus spending by G20 countries. Taro Aso, the Japanese prime minister said he would announce an addditonal stimulus soon.

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Britain's unemployment rate edged up from 8.1% to 8.3%. Youth unemployment- joblessness among young people ages 16-24- went up to 1.02 million in October 2011, the Office of National Statistics reported. This takes youth unemployment up to 21.9% The ONS says that noncomparable and nonseasonally adjusted data show youth unemployment exceeding one million in 1984, 1985, and 1986.

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World Bank to raise 5.5 billion dollars for a fund to help developing countries use clean technology to combat global warming and climate change.