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New Yorker (July 17)

2018/ 07/ 19 by jd in Global News

“Trump’s penchant for bald deception and incoherence is not an aberration. It is his daily practice. The vague sense of torpor and gloom that so many Americans have shouldered these past two years derives precisely from the constancy of Trump’s galling statements and actions.” Despite this numbing influence, “what happened in Helsinki on Monday will not be so easily forgotten.” The President’s disgraceful “performances in Europe, and now in Washington,” as he tries to walk things back, “clarified nothing. They only raised dark suspicions and aroused the sickening feeling that we are living in the pages of the most lurid espionage novel ever written.”

 

Reuters (July 17)

2018/ 07/ 18 by jd in Global News

Following the 1986 Iceland Summit between Ronald Reagan and Mikhail Gorbachev, the U.S. ultimately proved the victor. Three decades later, things look different. “Washington had another unparalleled opportunity,” but “the American president was outfoxed by a wily Russian leader playing from a position of unquestioned strength, toying with a deeply damaged counterpart.”

 

Washington Post (July 16)

2018/ 07/ 17 by jd in Global News

“In Helsinki, Mr. Trump again insisted ‘there was no collusion’ with Russia.” In the process, however, he “appeared to align himself with the Kremlin against American law enforcement.” By “refusing to acknowledge the plain facts about Russia’s behavior, while trashing his own country’s justice system, Mr. Trump in fact was openly colluding with the criminal leader of a hostile power.”

 

The Economist (July 14)

2018/ 07/ 16 by jd in Global News

“Throughout rural parts of South Asia and Africa…mini-grids are increasingly seen as one of the most promising ways of connecting the 1.1bn people in the world who still lack access to electricity.” According to the World Bank, this will also require “microfinance and vocational training” to help users make the best use of electrification.

 

Bloomberg (July 15)

2018/ 07/ 15 by jd in Global News

“As the world’s largest exporter, China continues to benefit from robust global demand, but the increase in tensions and trade barriers with the U.S. is weighing on the outlook…. President Xi Jinping may ultimately have to choose between softening his multi-year campaign to control debt levels, or letting growth dip below the target of 6.5 percent.”

 

LA Times (July 12)

2018/ 07/ 14 by jd in Global News

“A visit from The Donald is the last thing England needs right now.” There’s a heat wave, wild fires, Britain’s loss in the World Cup, but most of all, it’s the ongoing turmoil over Britain’s departure from the European Union that will set the backdrop to the Descent of the Donald; an event which, for our embattled prime minister, Theresa May, must seem distinctly hellish.”

 

New York Times (July 12)

2018/ 07/ 13 by jd in Global News

“Sorry, NATO. Trump doesn’t believe in allies. Europe has to understand that in the American president’s twisted worldview, there are only fans and enemies.” European are “doomed if they think the issue now is how to salvage their alliance with the United States. The time for that has passed…. The challenge now for the leaders of Europe is learn to live in a world where America has no allies.”

 

Handelsblatt Global (July 11)

2018/ 07/ 12 by jd in Global News

“Donald Trump is in Brussels surrounded by unhappy faces and that’s not just Belgian soccer fans. The US president is attending the summit of the North Atlantic Treaty Organization and the rumble started before the first round of coffee.”

 

Forbes (July 9)

2018/ 07/ 11 by jd in Global News

“Investors seem willing to bet that the near-term winner of the trade war is Trump. However, the detrimental effects of an escalating trade war are being considered by central bankers here and in Europe. The negative impact mainly comes from a worsening in business sentiment and corporate investment.”

 

The Guardian (July 8)

2018/ 07/ 10 by jd in Global News

“Theresa May’s fragile deal would be a disaster for Britain.” The Prime Minister secured “a fragile domestic political compromise only by confecting a solution that no one thinks the EU will accept. And even in the unlikely event that the EU were to sign on the dotted line, there is no disguising that while it may be better than dropping out with no deal, the Chequers agreement would be a terrible outcome.” Britain would no longer have a say “in shaping the rules of the world’s most successful trading bloc…in exchange for becoming a rule-taker in whatever scrappy free trade deal we can negotiate.”

 

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