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Amazon's use of temporary workers in Germany and the issue of lower wages
06/19/2013
Linked Articles
Amazon Wage Dispute Spreads Beyond Germany
Wall Street Journal 12/17/2013
Amazon Vexed by Strikes in GermanyWall Street Journal 06/19/2013
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
Policy contrast between socialist governments in Venezuela and Bolivia
04/12/2013
Bolivia's socialist government of Evo Morales has taken a different approach by reducing subsidies and increasing gasoline prices to about $2.00 a gallon in 2013. Salaries of governent workers was also increased by 20% in 2013, and additional 10% added to price of locally produced grain and corn, in policy actions. Morales cited as a reason the $150 million in smuggling to neighboring countries of the $660 million in gasoline imports, wasting a significant part of the $380 million annual state gasoline subsidy which could be used for infrastructure. In Venezuela both opposing candidates for president Maduro and Capriles supported the state subsidy for gasoline that is exceptional among developing countries, and at a time when Venezuela is short of foreign currency for other imports.
Linked Articles
Almost-Free Gas Comes at a High Cost
Wall Street Journal 04/12/2013
Turnabout in Bolivia as Economy Rises From InstabilityNew York Times 02/16/2014
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
Assessment of U.S. president Obama's two terms in office 2008-2016 (2)- a declining middle class and struggling working class
02/13/2013
Linked Articles
Obama’s Legacy: Trump and Bernie
Wall Street Journal 01/13/2016
Obama, in State of the Union, makes case that middle class is job one - The Washington PostWashington Post 02/13/2013
Restoring Deutsche Bank's image in 2015- (2) the legal investigations in Germany
12/20/2012
Linked Articles
Image Remake Suffers Hit at Deutsche Bank
Wall Street Journal 12/20/2012
German Financial Watchdog Bites BackWall Street Journal 03/28/2014
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
German chancellor Merkel and the EU plan for aid to Spain's banks in Oct. 2012
10/18/2012
Merkel turns down an effort pushed by France and Spain at the Oct. 2012 EU leaders meeting for direct aid to Spanish banks. Instead money has to go from the European Stability Mechanism fund to Spain after a request by Spain for aid. The aid request by Spain would be met under program of conditionality set by the IMF, EU and ECB. Spain is delaying a request for aid as borrowing rates on Spanish bonds declined to about 5% by late October 2012. The Rajoy government in Spain faces regional spending problems and separatis sentiment in addition to high unemployment and a worsening situation with its banks. Merkel faces elections for chancellor in Germany in Sept. 2013 and says more time is needed to setup the eurozone banking supervisory authority- to be set up in the course of 2013 with the legal setup completed by Jan 2013 as a concession to France. This would push banking supervision and financial architecture till after the election.
Linked Articles
German Refusal on Bank Aid Mars European Summit
New York Times 10/19/2012
Europe Seeks a Spain StrategyWall Street Journal 10/18/2012
Russian president Putin and BP's 20% stake in Rosneft
10/18/2012
Putin sees the larger British ownership stake in Rosneft a offering more stability to the company. This also provides Russia with a reliable partner on other projects and access to new technology. Putin defended the deal for Rosneft to acquire TNK-BP because of the endless conflicts between the partners, which he says he warned against at the outset. He pointed to the 50-50 ownership arrangement in TNK-BP as inherently unstable leaving no one in control.
Linked Articles
Moscow Had 'Mixed Feelings' on TNK-BP Deal, Putin Says
Wall Street Journal 10/25/2012
BP Nears Deal to Sell TNK-BP StakeWall Street Journal 10/18/2012
Greece's Path Back (2)- Mending relations with Germany
10/05/2012
Linked Articles
Greek Visit Wins Over A Critic In Germany
Wall Street Journal 12/09/2012
Chancellor Merkel to Pay Visit to AthensWall Street Journal 10/05/2012
ECB president Mario Draghi and the pragmatic and activist approach developed at the MIT Economics department
10/02/2012
Linked Articles
How ECB Chief Outflanked German Foe in Fight for Euro
Wall Street Journal 10/02/2012
MIT Forged Activist Views of Central Bank Role and Cinched Central Bankers' TiesWall Street Journal 12/12/2012
President Hollande's declining popularity in France after only 6 months in office
09/28/2012
A $26 billion tax rebate for business and a budget that pushes quickly for reducing the deficit to 3% of GDP in 2013 lead to growing unpopularity across the spectrum of opinion from the left, centre and right for France's new president Hollande.
Linked Articles
France’s Hollande struggles to regain popularity - The Washington Post
Washington Post 11/15/2012
France's New Budget Focuses on Cutting DeficitNew York Times 09/28/2012
An assessment of Germany's Angela Merkel's 10 years in office (1)- from the eurozone crisis to Ukraine and the refugee crisis
09/25/2012
Linked Articles
Economist 11/11/2015
Matthew Kaminski: The Accidental Architect of a New EuropeWall Street Journal 09/25/2012
Airbus shift away from Europe and German government financing after increasing publicly traded shares to 72%
06/16/2013
Linked Articles
Airbus Vows to Fly With Own Wings
Wall Street Journal 02/27/2014
Airbus on Track to Double Profit Margin by 2015Wall Street Journal 06/16/2013
Obama's second term- (2) the U.S. president Obama's foreign policy failures in Syria-Iraq, Woodward and the U.S. Senate on Libya
05/19/2013
Linked Articles
Woodward: It Isn’t Watergate, but It Is Nixonian
Wall Street Journal 05/19/2013
Benghazi Attack Called Avoidable in Senate ReportNew York Times 01/15/2014
Neglect of vital infrastructure needs in Germany and the U.S. 2006-2015
03/15/2013
A decade of neglected infrastructure needs in Germany and the U.S. as both countries face tight budget constraints and postponed priorities.
Linked Articles
A Slowdown on the Road to Recovery
Wall Street Journal 10/14/2013
German Policy Takes Toll on Public WorksWall Street Journal 03/15/2013
President Obama's call for "our generation's task" to address a shrinking middle class and most of the questions remaining unanswered
02/13/2013
The economic patterns that are causing the middle class to shrink over two decades remain stubbornly in place, and the factors that have compounded this in recent years also remain unaddressed.
Linked Articles
Obama, in State of the Union, makes case that middle class is job one - The Washington Post
Washington Post 02/13/2013
Growth isn’t enough to help the middle class - The Washington PostWashington Post 02/14/2013
Obama's second term- (4) the U.S. president's foreign policy failures in Syria and Iraq seen up close by Leon Panetta
02/07/2013
Linked Articles
Former Defense Chief Panetta Criticizes Obama in New Memoir
Wall Street Journal 10/07/2014
Senate Panel Examines Benghazi AttackNew York Times 02/07/2013
Chicago Fed president Evan's "7-3 plan" and U.S. Fed chairman Bernanke's announcement to keep interest rates low till unemployment reaches 6.5%
12/13/2012
Linked Articles
A Fed Bank President's Idea Comes to Life
Wall Street Journal 12/13/2012
Fed Ties Rates to JoblessnessWall Street Journal 12/13/2012
Obama's second term- (1) history of U.S. presidents and foreign policy failures in Syria-Iraq of U.S. president Obama
11/07/2012
Linked Articles
Wall Street Journal 11/08/2012
Triumphant Obama Faces New Foe in Second-Term CurseNew York Times 11/07/2012
Russian president Putin and the Rosneft-BP deal
10/18/2012
An effort by Putin to end the shareholder conflict inherent in the 50-50 TNK-BP joint venture which he says he warned about in the beginning.
Linked Articles
Moscow Had 'Mixed Feelings' on TNK-BP Deal, Putin Says
Wall Street Journal 10/25/2012
BP Nears Deal to Sell TNK-BP StakeWall Street Journal 10/18/2012
The EU debate between France's Hollande and Germany's Merkel before and during the EU's Oct. 2012 meeting
10/17/2012
The issue was direct aid to Spanish banks and the early setup of an EU banking supervisor so that Spain could get early debt relief as its economy struggles with high unemployment of over 25%. Chancellor Merkel turned down direct aid to Spanish banks, and partly relented on banking supervision by agreeing to have the legislation completed by Jan 2013 and the actual setup of the supervision authority during the course of 2013, probably after elections in Germany in Sept. 2013.
Linked Articles
German Refusal on Bank Aid Mars European Summit
New York Times 10/19/2012
Hollande fires warning shot at Merkel over austerity on eve of EU summit | World news | guardian.co.ukThe Guardian 10/17/2012
Mexico's emergence as the fourth largest exporter of cars in the world in 2012
10/02/2012
Mexico is expected to export 2.14 million cars in 2012. This makes it the fourth largest exporter after Japan, Germany, and S. Korea. Mexico is expected to overtake S. Korea in a few years. About 130,000 engineers are graduating each year from Mexico's technical universities, according to President Calderon. Mexican plants have quality and productivity that is comparable to Japanese plants for Nissan, say Carlos Ghosn, Nissan CEO.
Linked Articles
In Mexico, Auto Plants Hit the Gas
Wall Street Journal 11/20/2012
In Mexico, auto industry fuels middle class - The Washington PostWashington Post 10/02/2012
What a difference a year makes for the government bonds of Italy and Spain
10/02/2012
ECB chief, Mario Draghi made the famous statement on July 23, 2012, that he would "do whatever it takes" to bring down the yields on the government bonds of Italy and Spain. These bond yields had reached 7.5%, worsening the debt position of the two countries. A year later in August 2013 the bond yields were down, the gap with German bond yields narrowed, and the first signs of recovery in the eurozone made investment in the bonds of Italy and Spain attractive. Emerging market debt faced the opposite of what they faced in July 2013, as the currencies of India, Indonesia, Malaysia, Turkey, Brazil and other developing countries depreciated significantly. As the U.S. Federal Reserve begins its pull back from its monetary easing policy capital flows and foreign investment to to emerging markets reversed causing grief in countries which depended on these inflows to finance deficits in the current account.
Linked Articles
How ECB Chief Outflanked German Foe in Fight for Euro
Wall Street Journal 10/02/2012
Europe Bonds May Offer More ValueWall Street Journal 08/23/2013
Angela Merkel's simple lifestyle and personal popularity in Germany
09/25/2012
Linked Articles
Germans Respond to Merkel's 'Motherly' Side
Wall Street Journal 08/23/2013
Matthew Kaminski: The Accidental Architect of a New EuropeWall Street Journal 09/25/2012
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