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Greece and EU in 2015- (1) How close were the 2 parties in the negotiations? Is default and eurozone exit good for Greece?
06/03/2015
Linked Articles
Greece’s Creditors Make Some Concessions as Showdown Approaches
Wall Street Journal 06/03/2015
My big fat Greek divorceEconomist 06/20/2015
Norway parliament's decision to divest holdings in companies 30% dependent on coal opens up debate on coal- (3) Coal India and the 1 billion ton target for 2020
05/14/2015
With about 300 million people without electricity, and India lagging behind Brazil and Indonesia in the percentage of population lacking electricity, the goal is to modernize the coal industry and increase production. This shows the different tradeoffs in less developed countries such as India, which face a completely different set of tradeoffs, and are moving in the opposite direction out of necessity. China is just entering a period after rapid modernization where the discussion about the tradeoffs is shifting, whereas India remains in a very different phase.
Linked Articles
Norway Will Divest From Coal in Push Against Climate Change
New York Times 06/05/2015
Indian Prime Minister Prods Coal MonopolyWall Street Journal 05/14/2015
Ban on election advertising on commercial television and radio in Britain and strict limits of $29.5 million for each party in general elections- contrast with the U.S.
05/02/2015
Britain disproves the popular belief that an ever upward trajectory for election spending is inevitable. The 2010 general election in Britain cost half that of the 1880 general election in 2002 prices, say researchers. In the U.S. spending has increased to the point where candidates may be spending more time fund raising than talking about the issues. The 2016 presidential election in the U.S. is estimated to lead to $10 billion in spending. India, Brazil, and other developing countries face a similar situation.
Linked Articles
Britain’s Campaign Finance Laws Leave Parties With Idle Money
New York Times 05/04/2015
F.E.C. Can’t Curb 2016 Election Abuse, Commission Chief SaysNew York Times 05/02/2015
U.S. shale oil producers confounding Saudi price strategy- (1) 77 U.S. companies acting like tech startups with access to capital markets
03/14/2015
Linked Articles
OPEC’s Problem: There Is No Minister of Shale
Wall Street Journal 06/03/2015
U.S. Producers Ready New Oil WaveWall Street Journal 03/14/2015
Resilence of the Russian economy in 2015-2016 compared to other emerging markets- (1) the decision to let the ruble float in Nov. 2014
02/09/2015
Linked Articles
Russia and Turkey Show Oil Prices Aren’t Everything
Wall Street Journal 01/25/2016
Ruble’s Fall Tests Governor of Russia’s Central BankNew York Times 02/09/2015
Lt. Gen "Ben" Hodges, Commander U.S. Army in Europe, on the Russian moves towards Mariupol in eastern Ukraine in Feb. 2015
02/08/2015
Ben Hodges describes the Russian threat to peace in Eastern Europe under president Putin and the need for U.S. preparedness.
Linked Articles
The View From NATO’s Russian Front
Wall Street Journal 02/09/2015
Desperation and Destruction in Contested Ukraine CityNew York Times 02/08/2015
The cost of the crisis to Russia exceeds $200 billion- a story of wasted opportunities to diversify away from oil and gas and integrate fully into the competitive global economy
01/29/2015
Linked Articles
Wall Street Journal 01/29/2015
Russia Lifts Crisis Cost EstimateWall Street Journal 01/29/2015
The miscalculations and missteps of Russian president Putin in 2014 leading to a major crisis for the Russian economy in 2015
12/18/2014
A major miscalculation was totally misjudging Merkel and post-war German public opinion about policies that remind people about the period between the two World Wars- this is anathema to Germans who see the European Union as a way to build a new and different Europe. The other miscalculation was on how a foreign adventurous policy in Syria would affect Sunni world opinion, in particular Saudi Arabia. Just as Brezhnev took Russia into Afghanistan where Russia had no vital interest leading to eventual Soviet collapse, Putin risked alienating a key member in OPEC pricing moves and hurting Russia's economic interest. By not listening to Kudrin, the head of Sberbank, and other economic advisers from the first and second terms of the Putin-Medvedev administrations, Putin opened the door to two years of serious missteps, risking the very real accomplishments of the first and second term of creating a stable growing Russian economy with close economic ties to Europe. The only positive outcome of the crisis and low oil prices would be making the shift away from oil dependence, which was talked about but never seriously attempted in the Putin administrations. For this to happen major new investments would have to be made and technology links to the outside strengthened, both hammered by the missteps in 2013-2014. The irony of all this is that Putin gained the support of rural Russians in the countryside in the 2012 presidential elections by promising no return to the economic crisis conditions following earlier ruble collapses. Now by ignoring Kudrin and other wiser counsel from the first and second administrations he does just that.
Linked Articles
Putin’s Year of Defiance and Miscalculation
Wall Street Journal 12/18/2014
Russian President Vladimir Putin Seeks to Reassure on EconomyWall Street Journal 12/18/2014
Abenomics advisers Yamamoto and Hamada, and Japanese prime minister Abe's decision in Nov. 2014 to challenge the Finance Ministry's views
11/20/2014
Abe calls for a snap election in Dec. 2014 after delaying the second increase in the consumption tax from 8% to 10% in 2015. About 53% of the Japanese public opposed the doubling of the consumption tax by 2015 in 2011 poll as the DPJ party Noda administration pushed for it on the advice of the Finance Ministry. Now after the 3rd quarter showed Japan in a recession over 70% of the Japanese public oppose a second increase in the consumption tax to 10% from 8% in 2015. Abenomics advisors Hamada and Yamamoto now say this increase in the tax (especially when wages are only gradually increasing) was never a part of the Abenomics.
Linked Articles
Japan’s No. 1 Reflationist Does a Victory Dance
Wall Street Journal 11/20/2014
With Bad Economic News for Japan, Abe’s Magic Seems to EvaporateNew York Times 11/20/2014
Africa's tragedy (1) - Liberia's Sirleaf in the Ebola Crisis
10/16/2014
Exceptional reporting by NYT's Helene Cooper and Heidi Vogt giving readers a feel for life on the ground in Liberia.
Linked Articles
Liberia’s Ebola Crisis Puts President in Harsh Light
New York Times 10/30/2014
In Liberia, U.S. Soldiers Race EbolaWall Street Journal 10/16/2014
The Baltic Republics and Ukraine- frontlines in the confrontation with Russia's Putin (1)
09/25/2014
Linked Articles
Ukrainian President Sets Sights on Closer E.U. Ties
New York Times 09/25/2014
Lithuania’s president: ‘Russia is terrorizing its neighbors and using terrorist methods’ - The Washington PostWashington Post 09/25/2014
The West and policies towards Russia- (2) Steinmeier and Merkel on Germany's policy in 2015-2016
08/23/2014
Linked Articles
Merkel Seeks to Defuse Ukraine Crisis as Convoy Returns to Russia
Wall Street Journal 08/23/2014
Frank-Walter Steinmeier Meets With Vladimir PutinNew York Times 11/19/2014
Changes in American breakfast eating habits affect cereal and orange juice sales in 2012-2015
07/22/2014
Linked Articles
As Cereal Slips, a New Battle Over Breakfast Dollars
Wall Street Journal 07/22/2014
U.S. Orange-Juice Sales Fall to Record LowWall Street Journal 07/22/2014
Restoring Deutsche Bank's image in Germany in 2015- (1) the new management
05/24/2015
Linked Articles
Shareholders’ Rebuke Pressures Deutsche Bank CEOs to Perform
Wall Street Journal 05/24/2015
Deutsche Bank Co-Chief Executives ResignNew York Times 06/07/2015
The economic problems of black communities- (1) decline in public sector jobs and the hollowing out of manufacturing in the last decade
05/06/2015
Linked Articles
Public-Sector Jobs Vanish, Hitting Blacks Hard
New York Times 05/24/2015
Pittsburgh’s Revival Lesson for BaltimoreWall Street Journal 05/06/2015
How the Trans Pacific Trade Partnership Agreement (TPP) fell apart- (1) opposition in Congress and by all 2016 presidential election frontrunners in the Republican and Democratic parties
04/17/2015
Linked Articles
McConnell warns that trade deal can’t pass Congress before 2016 elections - The Washington Post
Washington Post 12/11/2015
Lawmakers Introduce ‘Fast Track’ Trade Bill, Triggering Democratic DiscordWall Street Journal 04/17/2015
The 39% drop in Russia's auto sales in 2015 with the economic crisis- withdrawal of GM and other manufacturers
02/10/2015
Linked Articles
GM to Close Russian Assembly Plant
Wall Street Journal 03/19/2015
Russian Car Sales Skid Lower Amid Economic GloomWall Street Journal 02/10/2015
Elvira Nabiullina, head of Russia's central bank, and Russia's response to the collapse in oil prices that helped avoid effects on the economy
02/09/2015
Exceptional performance by an exceptional economy minister and banker. Elvira Nabiullina's humility, drive and policies help shape Russia's careful management of the collapse in oil prices.
Linked Articles
Economist 04/19/2016
Ruble’s Fall Tests Governor of Russia’s Central BankNew York Times 02/09/2015
Lost sense of moral purpose in the Obama presidency (1)
02/07/2015
Linked Articles
The quiet impact of Obama’s Christian faith | The Washington Post
Washington Post 12/23/2015
Obama the TheologianNew York Times 02/07/2015
Russia and global financial markets in 2014-2015- a disconnect between an economy connected to the global economy and separation from a postwar order of international cooperation within a global economy
01/29/2015
Linked Articles
Stopping Putin Without Firing a Shot
Wall Street Journal 02/11/2015
From Russia With No LoveWall Street Journal 01/29/2015
The effects of lower oil prices to $60 in 2015- (1) the effect on Nigeria
12/03/2014
Linked Articles
Fall in Oil Prices Threatens Africa’s Economic Growth
Wall Street Journal 12/12/2014
Nigeria’s Tumbling Currency a Victim of Falling Oil PricesWall Street Journal 12/03/2014
The miracle of Loretta Lynch- (1) the independent prosecutor in action
11/08/2014
Linked Articles
Loretta Lynch Said to See Her Role as That of Traditional Prosecutor
New York Times 01/12/2015
Loretta Lynch, a Nominee for Attorney General, Is Praised for Substance, Not FlashNew York Times 11/08/2014
Warnings at a banking conference in Moscow in October 2014, and the ruble on the brink of collapse on Dec. 17, 2014
10/02/2014
The central bank head, Nabiullina, the Economy minister, Ulyukayev, and the head of Russia's largest bank Sberbank, German Gref, all expressed skepticism about president Putin's confidence in economic policy at a banking conference in Moscow in Oct. 2014. The architect of Russia's finances in the first and second terms of Putin, Alexei Kudrin, expressed alarm in Nov.-Dec. 2014 about lack of confidence in economic measures as the ruble took a hit from lower oil prices. The Putin administration made errors in handling economic policy leading to the ruble going to the brink of collapse by Dec. 17, 2014. This was preceded by miscalculations in policy towards the European Union and Germany leading to a loss of international confidence, and deteriorating relations with OPEC's leading member Saudi Arabia leading to OPEC's production decisions hurting Russia.
Linked Articles
Russia Introduces Measures to Calm Economic Jitters
New York Times 12/17/2014
Putin Trumpets Economic Strength, but Advisers Seem Less CertainNew York Times 10/02/2014
The Baltic Republics and Ukraine- frontlines in the confrontation with Russia's Putin (2)
09/03/2014
Linked Articles
Ukrainian President Sets Sights on Closer E.U. Ties
New York Times 09/25/2014
Obama Pledges NATO Backing for Baltic AlliesWall Street Journal 09/03/2014
Russia and "dirty money" flowing into the West, including the City of London, hurting the average Russian and the Russian economy- the role of western sanctions in limiting this flow
07/22/2014
Linked Articles
Wall Street Journal 07/22/2014
Putinism Thrives on Dirty MoneyWall Street Journal 07/22/2014
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