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Linked Articles
Economist 05/16/2015
While at War, Female Soldiers Fight to BelongNew York Times 05/24/2015
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
Linked Articles
Germanwings Co-Pilot Andreas Lubitz Concealed Depression From Airline
Wall Street Journal 03/28/2015
Germanwings Crash Exposes History of Denial on Risk of Pilot SuicideNew York Times 04/18/2015
Linked Articles
TPP: Momentum on Trade Deal Bolsters U.S., Japan Efforts to Counter China
Wall Street Journal 04/17/2015
Hostility From U.S. as China Lures Allies to New BankNew York Times 03/19/2015
Linked Articles
How Adidas Aims to Get Its Cool Back
Wall Street Journal 03/26/2015
Adidas Investors Losing Patience, Want Faster TurnaroundWall Street Journal 02/06/2015
With a majority of children in California, Texas, and some midwestern states in the U.S. from less affluent or poor backgrounds, and about two thirds of all American students failiing to meet required proficiency in math and reading at 8th grade, the educational challenge of of creating a well qualified work force to build America's future is daunting. Eight years of policy changes in education and private efforts have failed to produce adequate results.
Linked Articles
U.S. student performance slips on national test - The Washington Post
Washington Post 10/28/2015
Majority of U.S. public school students are in poverty - The Washington PostWashington Post 01/17/2015
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
Linked Articles
Election Results: Republicans Win Senate Control With at Least 7 New Seats
New York Times 11/04/2014
GOP Gains in Key Senate Races as Gender Gap NarrowsWall Street Journal 10/23/2014
Linked Articles
The new economics of oil: Sheikhs v shale
Economist 01/13/2015
The Oil Price Swoon Won’t Stop the Shale BoomWall Street Journal 10/23/2014
Linked Articles
Liberia’s Ebola Crisis Puts President in Harsh Light
New York Times 10/30/2014
Rising Food Prices Make Africa Fight Ebola on Empty StomachWall Street Journal 10/10/2014
For countries like Germany in the eurozone with what Draghi calls "fiscal space" but did not use it, the drop in oil prices from $100 to $65 in 2014 offers relief at the right time to get back to growth in 2015.
Linked Articles
Falling Oil Prices Spur New Bets on Global Economic Growth
Wall Street Journal 12/08/2014
Merkel Hints at Economic Policy Shift in GermanyNew York Times 10/09/2014
Linked Articles
Calpers, Nation's Biggest Pension Fund, To End Hedge Fund Investments
New York Times 09/15/2014
Carlyle Fund Walloped in Commodities RoutWall Street Journal 08/01/2015
Linked Articles
Christine Lagarde: ‘Don’t let the bastards get you’ - The Washington Post
Washington Post 08/25/2014
Executive Women, Finding (and Owning) Their VoiceNew York Times 11/13/2014
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 Economist says Greece could end up becoming a failed state at the doorstep of the European Union. With the major parties losing support extreme parties on the right and left would increase support. The economy of Greece would suffer serious damage. As prices have declined by 16% with no surge in exports, a devaluation of the drachma would not be of much help. Argentina went through a period of severe hardship following the default on the currency. Greece, says the Economist, may be engaging in a strategy to extract concessions from the EU by waiting till the last minute. Yet this strategy has its drawbacks because of the damage to Greece's economy in the process, with the slight growth under the Samaras administration turning into a recession with the 6 months of the Syriza government in 2015.
Linked Articles
What Greece Faces if It Defaults
New York Times 04/29/2015
My big fat Greek divorceEconomist 06/20/2015
Linked Articles
Singapore, the Nation That Lee Kuan Yew Built, Questions Its Direction
New York Times 03/24/2015
Lee Kuan YewWall Street Journal 03/23/2015
Linked Articles
U.S. Producers Ready New Oil Wave
Wall Street Journal 03/14/2015
Exxon Mobil: Shale to the ChiefWall Street Journal 03/06/2015
The deep differences between Greeks and Merkel operate at two levels. On the level of austerity policies Greece shares the view with other EU countries, the governments of Hollande in France and Renzi in Italy that austerity is not the best course for the eurozone. This view is also shared by people in Spain facing unemployment exceeding 20%, though the government of Rajoy in Spain like that of Samaras in Greece lived with the austerity policies with some changes. At this level there is also support from within Merkel's coalition government from Social Democrats. The other level of deep differences is on debt forgiveness and bailouts where Greece has to find its own way out in negotiations hoping that the EU and the IMF will agree to make concessions based on action taken by Syriza to ensure prudence in fianncial management. On issues such as minimum wage one would expect Syriza to be firm and make concessions where the hardship does not fall on the poorer and working class, winning support from the Social Democrats in Merkel's coalition. Beyond the symbolic moves and posturing the actual negotiations are likely to take into account the eurozone's need for help on the fiscal side desired by the ECB's Draghi to support monetary easing to fight deflation, and the need to keep the eurozone intact at a sensitive time. Syriza for its part is aware that a majority of Greeks favor staying in the eurozone.
Linked Articles
Greece’s new prime minister wants Germany to pay for Nazi war crimes - The Washington Post
Washington Post 01/26/2015
A young, impatient leftist is Greece’s defiant new face - The Washington PostWashington Post 01/27/2015
Australia's minimum wage is 54% of the median wage, compared to 38% for the U.S., according to the OECD. Australia's wage setting body sets the minimum wage for workers over 20 years of age, and takes into account the median wage in the interest of fairness. Workers with families to support need the Australian minimum wage of 16.87 Australian dollars ($13 U.S.). All of this money goes into consumer spending providing an immediate boost to the economy.
Linked Articles
Australia Weighs Whether Its Minimum Wage Is Too High
Wall Street Journal 01/26/2015
States’ Minimum Wages Rise, Helping Millions of WorkersNew York Times 12/31/2014
Linked Articles
Economist 11/06/2014
Oil Slips as Saudi, Libyan Production Worries EaseWall Street Journal 11/06/2014
Linked Articles
The new economics of oil: Sheikhs v shale
Economist 01/13/2015
The Oil Price Swoon Won’t Stop the Shale BoomWall Street Journal 10/23/2014
Linked Articles
Ebola Crisis Offers Lessons, Warnings on Epidemics, Bill Gates Says
Wall Street Journal 11/04/2014
Lax U.S. Guidelines on Ebola Led to Poor Hospital Training, Experts SayNew York Times 10/15/2014
Linked Articles
Germany, France Tap Economists for Advice to Avoid ‘Lost Decade’
Wall Street Journal 10/14/2014
Merkel Hints at Economic Policy Shift in GermanyNew York Times 10/09/2014
For the most part Hillary Clinton's public life has been overshadowed by the presidency of her husband Bill Clinton, and by the presidency of Barack Obama. How she defines herself to ordinary voters facing the economic issues at home, and worried about U.S. weakness overseas, will determine to a large extent how she does in the 2016 presidential election.
Linked Articles
A Record of Resilience at Vanguard of American Presidential Politics
New York Times 09/28/2014
Hillary Clinton and Democrats Aim to Buck HistoryWall Street Journal 04/13/2015
Linked Articles
The Scotsman Who Forced the U.K. to the Brink of Disunion
Wall Street Journal 09/10/2014
Why Scotland Should Stick With BritainNew York Times 09/05/2014
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