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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
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
Xi Jinping and Li Keqiang, as the leaders of China after 2012, and the future direction of the economy.
02/23/2012
A gradual change away from the dominance of state owned companies as China shifts direction. The World Bank-DRC Report as the first step in this direction, marking the beginning of the beginning.
Linked Articles
Xi Appeals for 'Purity' Amid Party Scandal
Wall Street Journal 03/16/2012
New Push for Reform in ChinaWall Street Journal 02/23/2012
The IMF's view on austerity measures, the "German hypothesis," and the British economy
02/17/2012
The IMF's view is that it could take 5 years before the breakeven point on the effects of austerity measures is reached and it turns positive. The "German hypothesis" based on German experience as an exporting nation is that the benefits come sooner in the short term. For Britain, which is not an exporting nation like Germany, the benefits from exports are likely to be limited when the rest of Europe is'seeing declining or stagnant growth. The IMF view means Britain may be faced with the costs of the Cameron-Osborne austerity measures till 2016.
Linked Articles
Britain's Economy Contracts More Than Predicted
New York Times 03/28/2012
Austerity Debate a Matter of DegreeWall Street Journal 02/17/2012
Kodak's slow struggle to reinvent itself since 2000, and the succesful effort at reinventing itself of Fuji Films in Japan
01/20/2012
Kodak Labs scientists continue to look for new applications for its patents and technologies at Eastman Kodak Park in Rochester, New York. A more successful effort at reviving the company in the face of technological obsolescence was made by its rival Fuji Films in Japan since 2000.
Linked Articles
At Kodak, Clinging to a Future Beyond Film
New York Times 03/20/2015
Fujifilm Thrived by Changing FocusWall Street Journal 01/20/2012
The Volcker Rule to ban proprietary trading by banks and efforts to dilute its wording and provisions (2)
10/12/2011
Linked Articles
Volcker to Push Back on Banks' Trading
Wall Street Journal 02/13/2012
Volcker Rule Might Just Be Kabuki TheaterWall Street Journal 10/12/2011
The Volcker Rule to ban proprietary trading by banks and the efforts to dilute its wording and provisions (1)
09/22/2011
Linked Articles
Volcker to Push Back on Banks' Trading
Wall Street Journal 02/13/2012
Volcker Rule May Lose Its BiteWall Street Journal 09/22/2011
Pfizer and Merck organize R&D using international innovation hubs- 2011-2015
05/02/2011
Efforts to tap into the latest external science at universities and research centers outside company labs is leading pharmaceutical companies to try a different approach to R&D. Pfizer closed its R&D facility in Sandwich, England and opened one in Cambridge. It opened hubs in Boston, La Jolla. Merck has followed this approach with a decision to setup innovaton hubs in Boston, San Francisco, London and Shanghai.
Linked Articles
Merck Plans Radical Overhaul of Drug R&D Unit
Wall Street Journal 12/28/2013
Life Beyond Lipitor for Pfizer ChiefWall Street Journal 05/02/2011
The Volcker Rule banning proprietary trading by banks and recommendations by the U.S. Financial Stability Oversight Council
01/20/2011
Linked Articles
Charlie Rose Talks to Paul Volcker
BusinessWeek 10/27/2011
Volcker Rule May Work, Even if Rules Are VagueNew York Times 01/20/2011
Chrysler-Fiat's Marchionne and his effort to turn the Jeep into a global brand
05/20/2010
Efforts to promote the new Jeep designs as a lifestyle vehicle in emerging markets where it is seen as an off road vehicle. By manufacturing locally Chrysler hopes to avoid the import duties that make it impossible for the Jeep to compete.
Linked Articles
Wall Street Journal 03/29/2012
Many Hopes Ride on Makeover of the Grand CherokeeNew York Times 05/20/2010
Sec. Geithner's regulatory reform for derivatives and areas of weakness.
05/15/2009
The NYT editorial and Prof Portnoy of the University of San Diego law school find weakness in the measure proposed, as it does not have the same rules for all derivatives. Lobbying continues to hinder effective legislation.
Linked Articles
Danger in Wall Street’s Shadows
New York Times 05/15/2009
New Rules for DerivativesNew York Times 05/15/2009
The Economist's view of nationalization as an option.
02/03/2009
The Economist says that as in the case of Northern Rock and RBS, because of the scale of the problem and it only getting worse over time, nationalization is the best option. And it says its no use exacerbating the problem by pretending otherwise.
Linked Articles
Economist 02/03/2009
Financial Policy DespairNew York Times 03/23/2009
GM's lead director Fisher reflecting the Board's lack of initiative and vision.
12/04/2008
The marked tendency to brush off any criticism to decisionmaking errors with the comment (that would not stand scrutiny) that one cannot imagine GM making all the right decisions all of the time because it was too big and complex.
Linked Articles
Lead Director Pins G.M.’s Hopes on Federal Rescue
New York Times 12/04/2008
Terms of a Rescue PlanBusinessWeek 12/11/2008
The U.S. May 2012 jobs numbers of 69,000 jobs added and oil prices- reading the numbers correctly
06/04/2012
The mild winter pulled jobs into the Dec-Feb. 2012 period from the March-May 2012 period, overstaing one and understating the other say experts. The drop in U.S. oil prices to $83 on June 1, 2012 should boost disposable income and personal spending acting as an offset to sluggish growth.
Linked Articles
Wonkbook: Don’t read too much into the May jobs numbers - The Washington Post
Washington Post 06/04/2012
Technically Speaking, Crude-Oil Prices in TroubleWall Street Journal 06/04/2012
Toyota's strategy with the International Multipurpose Vehicle (IMV) and Renault's with the Logan and Dacia models
04/07/2012
Toyota goes after the lower price points in emerging markets with the IMV series. Renault goes for a lower price point for buyers in its home markets in France and the rest of Europe with its Dacia and Logan models. Both are expected to cross the 1 million mark sales point in 2012. Renault achieves a 6% operating margin on the low price point vehicles priced at around $10,000, breaking the myth that lower price points cannot generate profits.
Linked Articles
Toyota Pushes Emerging-Markets Production
Wall Street Journal 04/07/2012
Renault Takes Low-Cost LeadWall Street Journal 04/16/2012
Mark Fields and the restructuring effort at Ford Motor Company
02/18/2012
The effort to reduce unprofitable assets and improve profit margins at Ford Motor Company.
Linked Articles
Wall Street Journal 10/29/2012
Mark Fields Is Fordâs Mr. Inside, and Its Heir ApparentNew York Times 02/18/2012
Why America has a role to play as a leader for liberal democracy and free trade
02/10/2012
Much of the progress that the world has enjoyed in the last six decades is a result of America's leadership and championing of liberal democracy and its institutions, and free trade. A lot will be at risk if this role is jeopardized by a policy of indifference to American economic strength and astrong its manufacturing base, indifference to Europe as an invaluable partner of the U.S. with the same goals and ideals, and a new generation unaware of the role the U.S. played and continues to play in bringing the peoples of the world together around common goals and aspirations.
Linked Articles
Wall Street Journal 02/11/2012
Now That The Sun Has SetWall Street Journal 02/10/2012
Former Fed chairman Volcker on the Volcker Rule and the ban on proprietary trading by banks
10/27/2011
Volcker's letter of comments on the Rule and the interview with Pete Rose. Here he says why this will make financial markets a safer place and why it will lead to healthy financial markets. The financial industry is opposing the Volcker Rule.
Linked Articles
Volcker to Push Back on Banks' Trading
Wall Street Journal 02/13/2012
Charlie Rose Talks to Paul VolckerBusinessWeek 10/27/2011
The focus on Belgium's dysfunctional state following the Paris attacks in 2015
10/12/2011
Linked Articles
Terrorism Response Puts Belgium in a Harsh Light
New York Times 11/24/2015
Belgium Agrees to Stay TogetherWall Street Journal 10/12/2011
Basic misunderstanding- (1) one point in the Israel- U.S. relationship on May 20, 2011, with president Obama's call for a return to pre-1967 borders
05/20/2011
When Ambassador Oren says Obama abandoned Israel, he refers to the "surprises" and "no daylight" or open disagreements that marked the relationship during the two terms of the Obama administration. One such point was on May 20, 2011, with Obama's call for pre-1967 borders.
Linked Articles
Wall Street Journal 06/16/2015
Netanyahu Rejects Obama Compromises on TalksNew York Times 05/20/2011
Sobhi Saleh of Egypt- from parliament to protests and the panel rewriting the constitution
02/04/2011
Nicholas Kulish's account in the NYT Feb 4, 2011, must rank as an exceptional piece of international coverage and journalism. It provides a heart rending account of the member of parliament from Alexandria. Arrested in the protests for democracy, Saleh makes his way out from a prison set on fire. Saleh is a member of an eight member panel rewriting the constitution in Feb. 2012.
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
The Volcker Rule banning proprietary trading by banks and its implementation
10/28/2010
Linked Articles
Volcker to Push Back on Banks' Trading
Wall Street Journal 02/13/2012
Volcker on His 'Rule'— Keep It BroadWall Street Journal 10/28/2010
Marchionne gets high marks for the transformation of Chrysler.
06/11/2009
After being run first by Daimler, then by Cerberus private equity, Chrysler has gone through a rough period. Fiat's Marchionne has helped transform Chrysler and given it a viable future.
Linked Articles
CEO Marchionne offers turnaround experience.
Detroit Free Press 06/11/2009
Marchionne is Steady Behind the WheelDetroit News 04/21/2011
IMF Conditionality that ignored people in developing countries and exacerbated crises and the new G20 focus on social help and stimulus spending.
03/31/2009
The new G20 mandate for social help and stimulus spending makes official the new policy direction for the IMF. It and marks the end of old style conditions that worsened the living conditions of people in countries that accepted IMF help, and exacerbated crises. Which is why the very word IMF scares people in S.Korea and in Pakistan and in so many other places.
Linked Articles
Steven Pearlstein - A Rare Triumph of Substance at the Summit
Washington Post 04/03/2009
An Empowered IMF Faces Pivotal TestWall Street Journal 03/31/2009
Obama looks for a stimulus spending plan that packs the greatest punch for the middle class and unemployment.
01/05/2009
About $300 billion of an estimated $800 billion stimulus spending plan by the Obama administration will be for tax cuts to individuals and businesses. There will be incentives for businesses to make net new hires and make new investments. The idea is to avoid wasteful spending if there is only spending on infrastructure and other spending.
Linked Articles
Obama Eyes $300 Billion Tax Cut
Wall Street Journal 01/05/2009
Government Spending Is No Free LunchWall Street Journal 01/22/2009
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