Finances stretched to limit by trillions of dollars in coornavirus aid packages and tax revenue from digital

05/15/2020

Linked Articles

Analysis | Why Digital Taxes Are the New Trade War Flashpoint

Washington Post 05/15/2020

France 24 05/15/2020

What Bill Gates and France had in common in the fight for health preparedness

05/11/2020

France had learned lessons from SARS epidemic and prepared for the H1N1 epidemic at the time that Bill Gates of Microsoft was pushing for greater awareness of public health priorities. Today Gates says this was not enough, that he did not do enough and feels terrible about it. The irresponsible banking practices that caused the financial crises first in the global financial crisis of 2009 and then in the eurozone financial crisis that followed by 2011 led to the ditching of the pandemic preparedness effort in France and Britain. In all of the western world including the U.S. austerity practices were the response without addressing the root causes of financial crises. Investments in public services and infrastructure were neglected leading to a level of unpreparedness that is shocking. Countries in lesser developed countries with more consciousness of the importance of public services and care of the vast majority of people were better protected in the crisis as a result than the more developed countries.

Linked Articles

Bill Gates Has Regrets

WSJ 05/11/2020

Betsy Mc Kay

France 24 05/17/2020

Eliud Kipchoge and Roger Bannister - contrasts and the running style

10/13/2019

Kipchoge's entire focus is on running in 2019 with the world watching and the richest man in Britain heading company Ineos backing him. Bannister is only shown later on BBC and is focussed on completing his medical studies, with no major financial supporter.

Linked Articles

The barrier broken on salad and spikes

The Times 10/13/2019

John Goodbody

BBC Sport 04/26/2019

The U.S. plan to reverse the withdrawal from Afghanistan to prevent a repeat of the U.S. withdrawal from Iraq after 2011 leading to terrorism and a chaotic situation

08/22/2017

Linked Articles

Angry Trump Grilled His Generals About Troop Increase, Then Gave In

The New York Times 08/22/2017

Mark Landler, Maggie Haberman

Washington Post 08/22/2017

David Nakamuraabby Phillipdavid Nakamuraabby Phillip

Goldman Sachs and the Trump administration- Steven Mnuchin at Treasury and Gary Cohen at the National Economic Council

12/09/2016

Bank stocks are up with the election of Donald Trump, Goldman Sachs share price up 34%, with the push back against regulation of banks following the 2008 financial crisis.

Linked Articles

Goldman Sachs No. 2 Seen as a Top Economic Adviser to Trump

The New York Times 12/09/2016

Nathaniel Popper, Michael J. De La Merced, Maggie Haberman

WSJ 11/29/2016

Anupreeta Das, Rachel Louise Ensign

Chancellor Merkel and listening to German public opinion reflected in state elections of 2016

09/20/2016

Here we argue that contrary to general media coverage in the NYT, WSJ, Economist, and German media, a year from now Merkel may be seen more positively. This is because Merkel has always listened to public opinion carefully, and has told the German public frankly what happened- that she and the German government were caught unprepared in the refugee crisis that came up in summer 2015.

Linked Articles

German politics is turning into a six-party system

The Economist 09/19/2016

DW.COM 09/19/2016

Udo Bauer / Ksb

Speaker Paul Ryan's House seat in Janesville, Wisconsin- improving economy in a U.S. midwestern factory town and the debate on trade, help for working class families

08/10/2016

The unemployment rate in Janesville, Wisconsin drops to 4.4% in May 2016, according to the Bureau of Labor Statistics. It was over 9% following the closing of the GM plant and the recession from the 2008 financial crisis. A working class town Janesville was hit hard by the closing of the GM plant in 2008. Amy Goldstein of the Washington Post describes the impact of losing about 5000 jobs at the GM plant, and the problems typical of most manufacturing dependent towns. Throughout the period since being first elected to Congress in 1998 Ryan has continued to be able to get elected on the basis of faith, family and public service, even though some of his policies may not have helped the poor and elderly or laid off workers. Ryan voted for rescuing the auto industry and worked hard to keep the GM plant, and listens to his constituents, and as the economy recovered by 2016 won easily in this old industrial midwestern town. His influence in national politics gives Janesville an opportunity to be heard, as it tackles problems common to many midwestern towns in the U.S.

Linked Articles

Could Paul Ryan’s ideas help his struggling home town? - The Washington Post

Washington Post 08/19/2012

Amy Goldstein, Amy, Goldstein

The Guardian 08/10/2016

David Smith

Goldman Sachs and U.S. regulators in 2015-2017- cutting risks in trading activity and private equity/hedge fund investments following the excessive leveraging of the 2008 financial crisis

08/04/2016

Stronger regulation takes shape through the efforts of Daniel Tarullo at the Federal Reserve and the LISSC. The situation with Goldman Sachs, one of the highly leveraged banks during the 2008 financial crisis still hoping to earn high profits with large trading activities.

Linked Articles

At Goldman Sachs, Stress Test Results Could Endanger an Important Profit Source

New York Times 03/08/2015

Nathaniel Popper, Nathaniel, Popper

WSJ 08/04/2016

Liz Hoffman

Rules for bonuses and executive pay in the UK, U.S. and EU for banks and financial institutions in 2015-2016- restoring trust and ensuring soundesss of banks

04/22/2016

Linked Articles

New Rules Curbing Wall Street Pay Proposed

Wall Street Journal 04/22/2016

Donna Borak, Donna, Borak, Andrew Ackerman, Andrew, Ackerman, Christina Rexrode, Christina, Rexrode

Wall Street Journal 04/22/2016

Donna Borak, Donna, Borak, Andrew Ackerman, Andrew, Ackerman, Christina Rexrode, Christina, Rexrode

Brazil's economic and political crisis in 2016 following corruption scandals, the collapse of commodity prices, and a budget deficit of 10.8%

04/19/2016

Linked Articles

Dilma Rousseff looks increasingly likely to be impeached

Economist 04/19/2016

Economist.Com

Wall Street Journal 04/19/2016

Ruchir Sharma, Ruchir, Sharma

The EU's evolving relations with Turkey in 2016- Germany's Merkel and the Erdogan government reach an agreement on refugees in March 2016

03/07/2016

Merkel facing populist pressures and opposition from the CDU to accepting more refugees tries to get Turkey to stem the flow and send refugees back to Turkey. The Erdogan government with its own problems and seeking a closer relationship with the EU following the Russian bombing of the Turkmen in Syria and shooting down of a Russian plane approves the agreement.

Linked Articles

Stakes Are High for Germany’s Angela Merkel in Success of New Migrant Deal

Wall Street Journal 03/24/2016

Simon Nixon, Simon, Nixon

New York Times 03/07/2016

James Kanter, James, Kanter

2016 U.S. presidential candidate Jeb Bush's Tax Plan that spells out details, and takes a shot at 4% growth for restoring lost social and economic mobility in the U.S.

09/09/2015

The efforts to wrestle with the deficit in 2011-2012 led to a vigorous debate on changing the tax code, yet political leaders failed to take up new ideas or spell out the details. Jeb Bush, with advisors Martin Feldstein and Kevin Warsh, takes the unconventional approach of putting in the details, and taking up ideas such as the idea of limiting itemized deductions to 2% of adjusted gross income proposed by Feldstein in that debate. On the $2.1 trillion in income held overseas by U.S. companies Bush proposes 8.75% tax paid over 10 years. On business investment he proposes capital investment be allowed to be deducted in full immediately. It is based on the idea that business investment can drive a vigorous recovery, that workers bear 50% of the burden of higer taxes through sluggish wage growth. It levels the playing field for debt and equity capital, removing "carried interest" provision, as a lesson from the excessive leverage taken by financial institutions in the past.

Linked Articles

The Bush Growth Plan

Wall Street Journal 09/10/2015

Editorial

New York Times 09/09/2015

Alan Rappeport, Alan, Rappeport, Matt Flegenheimer, Matt, Flegenheimer