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Pressure on U.S. for bond buying cutbacks from India and Brazil at G-20 in Sydney, Australia, and U.S. finance officials Sheets and Sobel
02/14/2014
Sheets at Treasury and Sobel at IMF are U.S. finance officials faced with the task of addressing concerns of India and Brazil on cutbacks in bond buying, lack of progress on IMF changes.
Linked Articles
U.S. to Face G-20 Pressure Over Bond-Buying Cutbacks
Wall Street Journal 02/21/2014
Obama Moves to Fill International Economics PostsWall Street Journal 02/14/2014
A younger generation takes over in Italy- Matteo Renzi and the path ahead (4)
02/12/2014
Linked Articles
Italy's Prospective New Premier Faces Old Hurdles
Wall Street Journal 02/15/2014
Italian Premier’s Latest Challenge Comes From His Own PartyNew York Times 02/12/2014
Russia as emerging market (1) - declining currency and stagflation
01/17/2014
Declining growth characterizes all emerging markets. High reserves in Russia and Brazil separate the two countries from Argentina and Turkey where foreign exchange reserves are insufficient to prevent sharp declines in the currrency. Russia also has a low budget deficit. The foreign investment climate in Russia and India has deteriorated reducing capital inflows for modernizing the economy in India and diversifying the economy in Russia.
Linked Articles
Red Alert on Russia Is Premature
Wall Street Journal 02/03/2014
Russia Is Facing Stagflation, Central Banker SaysWall Street Journal 01/17/2014
South Africa's Mandela's willingness to challenge established bias, restraint and generosity of spirit
12/09/2013
Ross Sorkin gives the example of Mandela changing his thinking on nationalization when confronted with the facts and Friedman points out Mandela's vision in giving whites a sense of pride in the new South Africa. Friedman goes further to compare this with the effort to get just enough votes to win elections, zip code by zip code using computer generated data on demographics and other parameters, that he sees in the U.S..
Linked Articles
How Mandela Shifted Views on Freedom of Markets
New York Times 12/09/2013
Why Mandela Was UniqueNew York Times 12/10/2013
A deeply divided Thailand with political divisions between the northeast around Chiang Mai and the Bangkok region
12/03/2013
Yingluck and Thaksin Shinawatra are from the northeast of Thailand and get most of their support from this region. The Bangkok region, military, courts and business remain opposed to a transfer of power to the provinces and the policies of Shinawatra. SHinawatra's policies favor the rural areas and the newly emerging middle class in the north. The struggle is as much a social phenomenon from the economic progress of the last 2 decades in Thailand as it is a struggle for a sharing of power, say experts.
Linked Articles
Economic Realignment Fuels Regional Political Divisions in Thailand
New York Times 12/03/2013
Economic Realignment Fuels Regional Political Divisions in ThailandNew York Times 12/03/2013
Stanford Hoover Institution's Fouad Ajami on the Middle East policies of U.S. president Obama that led to sectarian conflict and increase in terrorism
10/24/2013
Without a residual U.S. presence in the Middle East acting as a restraining influence on Shiite militias, Sunni groups, other foreign powers, leading to an exacerbation of sectarian conflict by the Malliki government, created the conditions for the rise of terrorism. Only in 2015-2016 were the effects of this seen with the breakup of Syria and Iraq, and the millions of refugees making their way to Turkey, Jordan, and Europe, followed by the increase in terrorism in Europe and the U.S.
Linked Articles
Notable & Quotable: Fouad Ajami on the Sunni-Shiite Fight
Wall Street Journal 01/05/2016
Fouad Ajami: A Lawyer Lost in a Region of ThugsWall Street Journal 10/24/2013
Declan Walsh on why the firing of live ammunition on protesters in Cairo may end up as a watershed event for the Muslim world going forward
08/16/2013
Declan Walsh sees this in the context of the Muslim world. Janvoo sees this in the context of the world beyond, of Aisa and Latin America which have moved beyond the divisive politics of the past and away from military regimes- S. Korea, Thailand, Argentina, Brazil, Chile, and one party PRI Mexico. The return of Gen. Park's daughter as president of S. Korea was a different one when she apologized for the behaviour of her father, even saying she coud not spit on the image of her father. Nieto's PRI is apologetic about its past and says its different, working with the opposition PRD and PAN parties on constitutional changes for reforming the econoy. Egypt and the Arab world is no exception. The Saudis and Emirates are able to deliver in economic terms as long as oil supplies and prices are high. Egypt has to find its own path and learn from the past to build the future.
Linked Articles
Other Nations Offer a Lesson to Egyptâs Military Leaders
New York Times 08/24/2013
Democracy in Egypt Can WaitNew York Times 08/16/2013
The advice of General Keane in May 2013, decisions for Syria and Iraq by president Obama ignoring this advice, and the situation in September 2014
05/22/2013
Gen. Keane's advice was to destroy the 50 airstrips used by the Assad regime and its air defense system with cruise missiles and American airpower, the alternative would be to establish a no fly zone such as the one used in Libya. Direct use of American airpower early in the conflict would make it possible to keep American involvement constructive, and effective.
Linked Articles
Jack Keane and Danielle Pletka: How to Stop Assad's Slaughter
Wall Street Journal 05/22/2013
A President Whose Assurances Have Come Back to Haunt HimNew York Times 09/08/2014
Russia's central banker Elvira Nabiullina, the ruble and central bank policies
03/12/2013
A central banker, former economy minister, who led Russia's changes for entry into the World Trade Organization, and policies to stabilize the ruble and Russia's economy during the emerging markets crisis of 2014.
Linked Articles
Putin Taps Pro-Market Economist as Banker
Wall Street Journal 03/12/2013
Russia Prepared to Let Ruble SlideWall Street Journal 01/30/2014
Setting the record straight and restoring the credibility of credit ratings- the U.S. Justice Department's struggle with S&P 2013-2015
02/05/2013
U.S. Associate Attorney General Dillery, the governments top negotiator in a $1.5 billion settlement in Jan 2015, says never has the Justice Department produced 290 million documents in discovery in Justice Department history.This is how many documents were produced in this case which he said showed S&P in serious breach of duty, which affected the U.S. financial system leading to many adverse consequences.
Linked Articles
S&P to Pay $1.5 Billion to Resolve Crisis-Era Litigation
Wall Street Journal 02/04/2015
S. & P. E-Mails on Mortgage Crisis Show Alarm and Gallows HumorNew York Times 02/05/2013
The LNG ship Prelude and the oil drilling rig Noble Bully 1- New technology changing the prospects and look of deep water oil drilling making it safer, cost effective and increasing production
01/03/2013
Shell's experience and technological improvements are changing the way oil drilling in deep waters is done. Chevron and other companies are also developing their expertise as this is critical in reaching the more difficult to access reserves deep in the ocean floor.
Linked Articles
A Novel Ship Extends Shell's Reach
Wall Street Journal 01/03/2013
Shell Plans Boat to Tap Gas FieldsWall Street Journal 01/29/2014
U.S. Fed chairman Bernanke's activist interest rate policies to tackle high unemployment and central bankers from MIT
12/12/2012
A pragmatic activist focus in economic thinking shaped at the MIT economics department in Cambridge, Masachusetts. The ECB's Mario Draghi, Bank of England's Mervyn King, and Bernanke shaped their thinking at MIT. Draghi and Bernanke had the same PhD. advisor- Stanley Fischer. Factors calling for a pragmatic approach include the lack of political agreement on th deficit, the housing and foreclosure crisis effects, higher inequality and unemployment effects on the middle class, the effects of the globalized economy on working class manufacturing jobs, people dropping out of the labor foce, and lower inflation, which called for a larger focus on unemployment. Bernanke emphasized the "enormous waste in human potential and productive resources of the economy" throughout 2009-2012. Draghi emphasized the abnormal nature of excessive borrowing interest rates for Italy and Spain during the ECB's bond buying efforts in 2011-2012. Both efforts had a stabilizing effect on the economies of the U.S. and Europe during a period of political discord about future policy.
Linked Articles
Wall Street Journal 12/13/2012
MIT Forged Activist Views of Central Bank Role and Cinched Central Bankers' TiesWall Street Journal 12/12/2012
New leadership and old faces, Jiang Zemin, Xi Jinping, and the uncertain outlook for change in China
11/15/2012
Jiang Zemin, 86 years and former president, who set China on the three decade push for modernization, put his imprint on the seven member Politburo Standing Committee that runs China. Jinping and five other members of the Politburo are close allies of Jiang Zemin. Zemin was Mayor of Shanghai, China's business capital during the Koumintang pre war regime and now in the post war period. He made some of the reforms that led to China's entry into the World Trade Organization and its subsequent rise as a major trading nation. His support for Jinping gives the new president room for making political and economic changes that are needed in this period. The older members of the Politburo, most in the mid-60's, placed on the Politburo by Zemin are likely to be cautious and the outlook for change is uncertain.
Linked Articles
Xi Jinping Offers Few Hints of a Shift in Direction in China
New York Times 11/15/2012
Ex-Leader Wins in Beijing Power PlayWall Street Journal 11/16/2012
A younger generation takes over in Italy- "we are worried that time is passing, and nothing is happening." (2)
02/12/2014
The IMF estimate shows that at the current pace of economic change Italy's growth rate would remain at 0.5% till 2018. Confindustria, Italy's business association, says it is worried that nothing is happening.
Linked Articles
Italian Premier’s Latest Challenge Comes From His Own Party
New York Times 02/12/2014
Italian Prime Minister to Resign, Clearing Path for RenziWall Street Journal 02/14/2014
Studies on mammograms by the British Medical Association and Harvard researcher Keating show lack of effectiveness of mammograms
02/11/2014
More mammograms are done the more cancer is suspected, with many women being treated when there was no cancer. Some lives are saved but the large number of women who begin treatment when they have no cancer shows the technology is still not there for effective screening without arousing fears that are not founded. Both studies confirm this from decades of data of women taking mammograms.
Linked Articles
More Doubts About Mammograms' Value Are Raised in Large Study
Wall Street Journal 04/02/2014
Study Adds New Doubts About Value of MammogramsNew York Times 02/11/2014
A younger generation takes over in Italy- Matteo Renzi and a boost for business in Italy (1)
12/10/2013
Linked Articles
Italy's Renzi Pledges to Pay All Arrears
Wall Street Journal 02/25/2014
Rise of Young Leaders Signals a Mandate for Political Change in ItalyNew York Times 12/10/2013
Change and South Africa- The African National Congress in 1944 and the African National Congress in 2013
12/05/2013
The changing mood of young people in South Africa as the ANC fails to live up to its ideals.
Linked Articles
New York Times 12/05/2013
In Mandela's Home, Grief and GlorificationWall Street Journal 12/06/2013
The effect of deportation under the Obama administration on attitudes in the Hispanic community
10/28/2013
55% of Hispanics in a Pew Research Center poll preferred relief from deportation, only 35% preferred a path to citizenship, when the 2 options were offered to respondents. This shows how badly the Hispanic community has been affected by the deportation efforts under the Obama administration.
Linked Articles
Do new data on Hispanic attitudes present an opportunity for Republicans?
Washington Post 12/19/2013
The Giant U.S. Deportation Machine Runs AmokWall Street Journal 10/28/2013
A black law student at the University of Brasilia, a Harvard trained law graduate in Curitiba, and others changing Brazil's legal system
08/23/2013
Barbosa is one of eight children of a bricklayer in Minas Gerais, now Chief Justice in Brasilia. Dallagnol is a Harvard trained graduate who is working with other prosecutors in Curitiba, a provincial city, investigating corruption and money laundering in Petrobras.
Linked Articles
How Brazil’s ‘Nine Horsemen’ Cracked a Bribery Scandal
Wall Street Journal 04/07/2015
A Blunt Chief Justice Unafraid to Upset Brazilâs Status QuoNew York Times 08/23/2013
Getting economic policy right- A second look at Japan, the European Union and the U.S. in 2014-2015
06/09/2013
In taking a second look, economists Stiglitz and Krugman ask if much derided Japan has avoided the worst effects of unemployment that have affected Spain, Italy, Greece, and France in the eurozone, and for the the long term unemployed in the U.S. And in doing so also avoided the widening income and wealth gaps opened up in the other industrialized countries.
Linked Articles
New York Times 10/30/2014
Japan Is a Model Not a Cautionary TaleNew York Times 06/09/2013
Ari Shavit of Haaretz and Ami Ayalon of Israel Security Agency see a new way forward for peace in the Middle East and reduction of tensions
03/12/2013
The opportunities presented by a rapidly changing Middle East are being observed by perceptive Israeli observers after decades of conflict. By defusing tensions and involving public opinion in the Middle East it provides a more lasting agreement han can be reached with individual leaders in the Middle East. It also returns to the focus to widely shared benefits of economic development of the people in the region and improvements in education, infrastructure and economic opportunity. Old ideas of secuirty are supplemented by new ideas of security.
Linked Articles
New York Times 01/01/2014
The Old Peace Is Dead, but a New Peace Is PossibleNew York Times 03/12/2013
Funding infrastructure needs in Asia and the new Asian Infrastructure Investment Bank
02/14/2013
Led by China, and with founding members India, S. Korea, Britain, Australia, France, Germany and Italy, the Asian Infrastructure Investment Bank is intended to provide much needed financing for infrastructure in Asia. Huge bottlenecks for development exist in Asia's developing countries, including India, Indonesia, Pakistan, Bangladesh, Vietnam, Philippines, which can only be tackled through innovative methods of financing. China which has moved ahead in infrastructure development is providing the leadership for this bank. Experts say Europe is right to join, and the U.S. should have supported the idea at the early stage.
Linked Articles
Hostility From U.S. as China Lures Allies to New Bank
New York Times 03/19/2015
Hot Topic in Moscow Talks: How to Fund InfrastructureWall Street Journal 02/14/2013
Losses and management turnover at mining companies leading to scaling back of orders of mining equipment and Caterpillar performance
01/18/2013
Losses at Rio Tinto and Anglo-American with risky projects is leading to management turnover and a scaling back in investment. The lower commodity prices, declining growth in China and risk averse strategies in turn affects Caterpillar's growth in its key mining equipment business. Analysts do not expect the situation to improve till 2015.
Linked Articles
Caterpillar Chief Faults China Unit
Wall Street Journal 01/29/2013
Miner Rio Tinto Ousts CEO as Bad Bets Cost BillionsWall Street Journal 01/18/2013
CBO projections in Jan 2014 show the U.S. debt stabilizing at 74% of GDP in 2014 and deficits below 3% for 2014-2017
12/16/2012
Higher economic growth of about 3% for 2014-2017 and the phasing out of spending to counter the effects of the severe recession of 2008-2010, have helped the U.S. stabilize debt levels and reduce deficits. After 2018 the long range projections show debt to GDP climbing to reach 79% in 2024.
Linked Articles
CBO | The Budget and Economic Outlook: 2014 to 2024
Unknown 02/05/2014
That Terrible TrillionNew York Times 12/16/2012
A younger generation takes over in Italy- Matteo Renzi and the path to leadership in Italy (3)
11/26/2012
Linked Articles
Rise of Young Leaders Signals a Mandate for Political Change in Italy
New York Times 12/10/2013
Italyâs Center-Left Heads for a Runoff in LeadershipNew York Times 11/26/2012
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