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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
Questions about whether justice and accountability were accomplished in the U.S. Justice Department's settlement with Credit Suisse
05/19/2014
A WSJ editorial and a separate piece in the NYT question the assumption that justice and accountability were achieved in the U.S. government's settlement with Credit Suisse. The nagging question- is Attorney General Holder simply burnishing his image after failing to establish accountability and justice following the 2008 global financial crisis, which dealt a serious blow to America's middle class. Collective wrongdoing starts with individual actions, and holding individuals responsible establishes accountability, so that the public is protected from future actions of this nature. Somewhere since the crisis this principle has been lost in the Obama administration. A churn in management for failures is considered healthy for other American companies, and healthy for free enterprise, readers are likely to wonder why this is not so for the banks.
Linked Articles
Credit Suisse Pleads Guilty in Felony Case
New York Times 05/19/2014
Holder Convicts SwitzerlandWall Street Journal 05/21/2014
The role of Germany's Siemens and U.S.'s Exxon in promoting dialogue and de-escalation following the Ukraine crisis
03/06/2014
Linked Articles
Siemens Chief Meets Putin in Russia
Wall Street Journal 03/27/2014
Exxon Says Russian Projects Remain on TrackWall Street Journal 03/06/2014
Hope and reality in India and Nigeria- The Singh administration in India 2010-2014, and the Jonathan administration in Nigeria 2011-2015
02/21/2014
Are too many young people in the most populous countries of Africa and Asia seeing their hopes dashed and their dreams vanish with the mismanagement of the resources of the country and of the economy? Is the demographic dividend in these countries about to be wasted? Is the goodwill of foreign investors in Europe and the U.S. eager to bring the latest technologies to these countries, as they did in China, about to be wasted by sheer mismanagement and misallocation of resources? These questions are on the minds of young people in Nigeria and India as they rest their hopes on the Buhari and Modi administrations.
Linked Articles
Nigerian Central Bank Governor Ousted
Wall Street Journal 02/21/2014
India Allocated Coal Fields to Private Companies Illegally, Top Court RulesNew York Times 08/25/2014
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
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 major problem for western oil companies- the rapid increase in cost of oil and gas exploration and pipelines
01/29/2014
Projects are exceeding estimates and costs tripling or quadrupling in some cases. The search for solutions includes building processing plants for LNG on ships to eliminate the cost of building pipelines.
Linked Articles
Shell Plans Boat to Tap Gas Fields
Wall Street Journal 01/29/2014
Big Oil Companies Struggle to Justify Soaring Project CostsWall Street Journal 01/29/2014
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
China's steadily growing automobile market in 2014-2015 (2)- the 49% increase in SUV sales in 2013 over 2012
12/16/2013
Ford Motor's early push into SUV's in China is helping it catchup with GM and Toyota.
Linked Articles
Renault to Focus on Building SUVs in China
Wall Street Journal 12/16/2013
Ford's SUVs Propel Its China GainsWall Street Journal 04/08/2014
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
Putin and the excessive cost of the 2014 Sochi Winter Olympics in Russia approaching $51 billion
11/05/2013
The need for infrastructure spending in other parts of Russia, for R&D development and making the transition away from dependence on oil revenues, as competing needs for capital. This also happens as currency values are declining for emerging markets and it is increasingly difficult to attract foreign investment in 2014, leading to slowing growth with high inflation.
Linked Articles
Putin's Olympian Construction Zone
Wall Street Journal 11/05/2013
Putin’s Olympic Fever DreamNew York Times 01/22/2014
The management styles of Jeff Bezos at Amazon and Paul English, co-founder of Kayak
07/25/2013
Bezos and English prefer small teams to get things done quickly. Layers of management are cut out and employees given freedom to test ideas.
Linked Articles
Paul English of Kayak, on Nurturing New Ideas
New York Times 07/25/2013
Jeff Bezos, The Post’s incoming owner, known for a demanding management style at Amazon - The Washington PostWashington Post 08/08/2013
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
Euribor close to zero and relief for suffering homeowners with mortgages in Spain, Portugal and other eurozone countries
05/28/2014
Most mortgages in Spain and Portugal are based on the Euribor rate. The ECB's monetary policy under Draghi has led to the decline of the Euribor rate to near zero in 2015, giving homeowners in extremely high unemployment countries such as Spain and Portugal much needed relief. Homeowners in Italy, with stagnant incomes and high unemployment, and other eurozone countries also get relief.
Linked Articles
Tumbling Interest Rates in Europe Leaves Some Banks Owing Money on Loans to Borrowers
Wall Street Journal 04/14/2015
Spain Still Suffering Fallout From Housing BustWall Street Journal 05/28/2014
Jeb Bush and Edward Lazear throwing a different light on the Republican side in the debate on U.S. immigration- a look back at Benjamin Franklin in a past debate
04/07/2014
Linked Articles
An Immigration Game Plan for the New Congress
Wall Street Journal 12/05/2014
Jeb Bush to Decide by Year-End Whether to Run for PresidentWall Street Journal 04/07/2014
The deep losses and loss of public confidence at RBS bank in Britain
02/28/2014
Linked Articles
Royal Bank of Scotland to Slash Costs as Losses Deepen
Wall Street Journal 02/28/2014
No Endgame For RBS's WoesWall Street Journal 02/28/2014
Reviving Detroit- Darren Walker of the Ford Foundation and not giving up on American cities
02/15/2014
The Ford Foundation was founded in Detroit in 1936, the Knight Foundation also has roots in the city. Both foundations donated the money needed to revive Detroit in 2014. The state of Michigan under Governor Snyder also acted with exceptional courage and wisdom to save the floundering city after a decade of collapsing infrastructure and services. The state acted responsibly by obtaining a supervisory role over the city's troubled finances. With all the surrounding atmosphere and talk of Republican deadlock with Democrats in the White House and Congress, Snyder, Walker, Judge Rosen, and others showed rare wisdom and courage to come together for innovative solutions.
Linked Articles
Finding $816 Million, and Fast, to Save Detroit
New York Times 11/07/2014
Mediator in Detroit Bankruptcy Walks Fine Line Between City, CreditorsWall Street Journal 02/15/2014
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
Faces of workers quitting work or reducing hours as they qualify for subsidies on health insurance under the Obama Healthcare Law
02/05/2014
Faces of the workers taking subsidies available to lower income workers under the Obama Health Care Law. The Congressional Budget Office projections for 2021 show about the equivalent of 2.3 million workers worth of hours reduced as a result of the healthcare law subsidies giving workers more choice. Many use the time to work on startup business or child care for grandchildren. The jobs freed up and the hours could be taken up by other workers looking for jobs. Gains in childcare would be another result.
Linked Articles
Health Law To Cut Into Labor Force
Wall Street Journal 02/05/2014
They quit their jobs, thanks to the health law - The Washington PostWashington Post 02/09/2014
Losses at RBS in 2013 putting off date at which the UK government's 81% stake can be sold to the private sector
01/28/2014
Linked Articles
Wall Street Journal 01/28/2014
Legal Costs Set to Put RBS in the RedWall Street Journal 01/28/2014
The 150 million single children of parents, and the 61 million children of migrant workers- today's young generation in China growing up in unusual conditions
01/17/2014
The children of migrant workers were mostly brought up away from parents in rural areas by grandparents. The children born under a single child policy in urban areas had the opposite happen, with too much attention from doting parents. Both groups were raised in a manner not seen anywhere else in the world and face growing pains and lives with different burdens and needs than the rest of us. China's social and economic experiment may have come too fast, as policy planners may only now begin to realize. A lot may need to be done to address their needs and burdens, not so easily seen as the burdens of pollution and contamination whicha are easily observed.
Linked Articles
End of China’s One-Child Policy Stings Its ‘Loneliest Generation’
New York Times 11/13/2015
Left-Behind Children of China's Migrant Workers Bear Grown-Up BurdensWall Street Journal 01/17/2014
Uncertainty about earnings and profitability of Samsung with shrinking margins in smartphones and televisions (1)
12/07/2013
Shrinking margins for Samsung with intense competition from Huawei and Lenovo in lower priced smartphones and large price reductions by Motorola Mobility on its Moto G smartphone. In the television segment Vizio and lower priced Chinese competitors are reducing margins.
Linked Articles
Investors Stay Sour on Samsung, Slicing $8 Billion From Market Capitalization
Wall Street Journal 01/02/2014
Google Squeezes Margins on Moto G PhoneWall Street Journal 12/07/2013
As Republican leaders shift strategy to allow debt limit increase in 2014- (2) voter dissatisfaction with an ideological U.S.Congress
11/12/2013
Linked Articles
GOP Backs Off Fight on Debt Limit
Wall Street Journal 02/12/2014
Radicalized Center Emerging in American PoliticsWall Street Journal 11/12/2013
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
Insights into the thinking of Janet Yellen and Ben Bernanke for a strong labor market before increasing interest rates
07/18/2013
Yellen is expected to look beyond the unemployment rate target of 6.5% set by Bernanke in Dec. 2012, and give emphasis to the long term unemployed. Bernanke also mention the under employment rate as an additional factor to consider.
Linked Articles
Don’t Expect Job Data Alone to Persuade Fed on Rates
New York Times 01/23/2014
Bernanke Plays Down Link Between Jobless Rate, Fed MovesWall Street Journal 07/18/2013
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