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Errors made by the IMF, Syriza Tsipras far left government, leading to the third bailout program of 2015 for Greece
07/06/2015
Just when the first signs of growth in the economy were taking place in 2014 the IMF held back on a 7.2 billion euro payment to Greece which would have increased liquidity to the private sector for growth. The IMF hope to gain leverage with a future Syriza far left government. The first half of 2015 led to economic anxiety in Greece with a failed negotiating strategy of Syriza far left government focussing only on the debt and not on the economy. The damage led to about 85 billion in addtional financing needed following the closing of Greece's banking system in July 2015.
Linked Articles
IMF Warns Eurozone That Greece Needs Far More Debt Relief
Wall Street Journal 07/15/2015
How to Undo the Damage in GreeceNew York Times 07/06/2015
Ukraine and the Minsk 2 agreement of Feb. 2015- (1) the U.S. and Russian views on implementation by June 2015
06/06/2015
Linked Articles
Putin Urges Western Pressure on Ukraine in Peace Effort
New York Times 06/06/2015
Defense Chief: Subversion, ‘Big Lie’ Are in Russia’s ArsenalWall Street Journal 06/06/2015
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
What Greece won in the negotiations and what Greece lost in the failure of talks with the EU, capital controls, closing of banks and the referendum on July 5, 2015
02/27/2015
Major concessions were won by Greece on the most important issues of the surplus, and the size of the public sector with high unemployment. Compromise was being reached on the value added taxes and age for getting pensions, next down the list. Next on the list were pension cuts which undoubtedly would hurt pensioners but in the larger picture of the economy would come after the size of the surplus and dateline, and the size of public sector. The size of these cuts is small compared to the cost of 60 billion euros from the damage done to the economy, and the alternatives for pensioners and the rest of the country. under bank closure. For the EU this was seen as part of pension reforms and for left leaning Syriza compromising on behalf of pensioners.
Linked Articles
IMF Raises Referendum Stakes With Call for More Aid for Greece and Debt Relief
Wall Street Journal 07/03/2015
What Greece WonNew York Times 02/27/2015
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
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
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
China, the U.S. and Japan- the task of reestablishing peaceful cooperation in the Pacific region after the missteps of 2011-2013
07/09/2014
Meetings for the sixth round of the Strategic and Economic Dialogue in Bieijing between the U.S. and China, and Japanese prime minister's address to the Australian parliament in Canberra, at about the same time in July 2014, showing how the path of peaceful cooperation will have to be actively pursued to remain a reality. Underpinning the hopes of China, Japan and neighboring countries in Asia is the U.S. will and purpose for maininting the post war peace and stability for the benefit of all, that at times has been missing in the words and actions of the Obama administration. Lack of peace in the region would seriously affect China's effort to bring better incomes to the large majority of people still in the countryside and leave China stuck in middle income status of countries like Mexico, damage the prospects of improving incomes of billions of people in India, other parts of Asia and Latin America. In this sense the Japanese people have shown the wisdom of keeping the conditions of peace that have prevailed for the post war period, and the U.S. with undiminished will and purpose in its post war role can affirm the hopes of the people of the region, including the hope of people in China, India, Japan, S. Korea, and Latin America.
Linked Articles
U.S., China try to emphasize potential for cooperation - The Washington Post
Washington Post 07/09/2014
Abe's Constitutional Reform Push SlowsWall Street Journal 07/09/2014
The ways in which the Modi administration can accelerate growth in India (1)- the boost from approval of projects already in the pipeline but stalled for lack of leadership
05/17/2014
Linked Articles
Tata Consultancy Services CEO Welcomes Narendra Modi Election
Wall Street Journal 05/19/2014
Business Executives in India Ready to Welcome Modi AdministrationWall Street Journal 05/17/2014
Britain's RBS bank and the issue of high bank bonuses after a $15 billion loss in 2013
02/27/2014
Linked Articles
Royal Bank of Scotland to Slash Costs as Losses Deepen
Wall Street Journal 02/28/2014
Bailed-Out Royal Bank of Scotland Sees Years of LossesNew York Times 02/27/2014
U.S. households debt to income ratio drops from 130% in 2007 to 108% in 2014, still above historical ratio of 90%
02/18/2014
High student debt of over $1 trillion, banks restricting home loans to higher credit scores, continuing effort to reduce credit card debt, limit spending as U.S. consumer spending recovers very gradually.
Linked Articles
Americans’ Debt-Cutting Levels Off
Wall Street Journal 12/12/2014
An Ambiguous Omen, U.S. Household Debt Begins to Rise AgainNew York Times 02/18/2014
The women's vote in 2016 U.S. presidential election and the antiincumbency mood of 2016- risks for Clinton running a cautious campaign and big risks for Trump
06/11/2015
Hillary Clinton needs a vigorous campaign away from the cautious instincts of the early days of her campaign, as Trump seeks to deflect criticism by attacking Hillary Clinton, say experts. The risks are high for Trump if the effort backfires alienating the vast majority of women, including Sanders supporters, independents and traditional Republican moderates. This is one of the wild twists of the campoaign of 2016- a candidate apparently making sexist comments to attract the support of white women voter- and men.
Linked Articles
Hillary Needs More Than the Obama Coalition
Wall Street Journal 06/11/2015
Donald Trump’s Gender-Based Attacks on Hillary Clinton Have Calculated RiskNew York Times 04/28/2016
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
The Obama administration's efforts on the Trans Pacific Partnership (TPP), after losing allies in Asia and Europe to the Asian Infrastructure Investment Bank
04/17/2015
The Obama administration pushes a free trade pact that includes the U.S., Canada, Mexico, Peru, Chile, Australia, New Zealand, Japan, Malaysia, Singapore and Vietnam. This free trade pact is now seen as a U.S. effort to counter China in the Asian region. India, UK, Germany, France, Italy and other European countries decided to join the Asian Infrastructure Investment Bank sponsored by China, on its merits, after the U.S. refused to join.
Linked Articles
TPP: Momentum on Trade Deal Bolsters U.S., Japan Efforts to Counter China
Wall Street Journal 04/17/2015
Lawmakers Introduce ‘Fast Track’ Trade Bill, Triggering Democratic DiscordWall Street Journal 04/17/2015
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
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
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
Obama's second term- (5) the U.S. president's foreign policy failures in Syria and Iraq seen up close by Clinton and Panetta
08/11/2014
A Defense Secretary and Secretary of State in the Obama administration describe up close president Obama's failure to act at key moments in the crisis in Iraq and Syria. This has badly damaged the U.S. credibility and what it stands for in the Middle East and the rest of the world.
Linked Articles
A Rift in Worldviews Is Exposed as Clinton Faults Obama on Policy
New York Times 08/11/2014
Former Defense Chief Panetta Criticizes Obama in New MemoirWall Street Journal 10/07/2014
Lack of individual accountability for banks in legal settlements- (1) the Credit Suisse and other legal settlements
05/19/2014
Linked Articles
Economist 06/13/2015
Credit Suisse Pleads Guilty in Felony CaseNew York Times 05/19/2014
Greece's Path Back (1) - A Win for the Samaras government by April 2014 as Greece's 5 year bond yield reaches 4.95% and negotiations with the EU end favorably
03/18/2014
Linked Articles
Greece Gets Strong Demand for Bond
Wall Street Journal 04/10/2014
Greece Reaches Deal to Release Foreign Rescue FundsNew York Times 03/18/2014
Detroit's road to recovery -rebuilding street lighting and other infrastructure and services (1)
02/22/2014
Linked Articles
For Detroit, New Stage in Its Race to Recover
New York Times 02/23/2014
Detroit files plan to fix debt, leave bankruptcy - The Washington PostWashington Post 02/22/2014
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