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Washington Post (December 17)

2018/ 12/ 19 by jd in Global News

It’s not clear “the country has fully comprehended the damage being done by a president who misbehaves so frequently…. Globally, the United States has lost its power, its aura of seriousness and decisiveness that once made autocrats hesitate before crossing us. Now we are a country that can’t seem to stand up to a ruler who orders the murder and dismemberment of a dissident who was a legal U.S. resident or call out Russia’s intrusion into America’s democratic process…. A child occupies the White House, and the world knows it.”

 

FX Street (December 17)

2018/ 12/ 18 by jd in Global News

“USD/JPY, which fell particularly hard today should test 112.40 pre-FOMC but a move below that level may not happen until after the rate decision…. The economy is not doing as poorly as what is reflected by stocks and rate hike expectations…. Barring significant dovishness, any pullback in USD/JPY could be short-lived. Other currency pairs like EUR/USD and GBP/USD are a different story.”

 

Wall Street Journal (December 16)

2018/ 12/ 17 by jd in Global News

“Not everybody at Nissan was happy with their rock-star chairman, Carlos Ghosn. His high-living ways gave the company ammunition to take him down.”

 

New York Times (December 14)

2018/ 12/ 16 by jd in Global News

“The distress of 50 million Americans should concern everyone. Powerful economic forces are arrayed against rural America and, so far, efforts to turn it around have failed. Not every small town can be a tech hub, nor should it be. But that can’t be the only answer.”

 

Reuters (December 11)

2018/ 12/ 13 by jd in Global News

“With less than four months left until the United Kingdom is due to leave the EU on March 29, May’s premiership and her deal to stave off a disorderly departure or a bid to stop Brexit are hanging by a thread. If she is toppled — and it is far from certain that she would lose a vote among all the party’s members of parliament — — could further complicate Brexit.”

 

NBC News (December 11)

2018/ 12/ 12 by jd in Global News

“First, President Donald Trump failed in his pledge to ‘hire the best people’ in the White House; now, he’s having trouble hiring any people. These phenomena are not unrelated.” Trump’s first pick for Chief of Staff turned him down. This should be no surprise as it’s an unenviable job: “Trump has the impulse control of a hungry, intoxicated bear and bridles at attempts to keep him disciplined or to bring order to his administration.”

 

Wall Street Journal (December 10)

2018/ 12/ 11 by jd in Global News

Carlos Ghosn’s reported plan to fire CEO Hiroto Saikawa “adds a new twist to the drama inside Nissan….  While that internal investigation was going on, Mr. Ghosn was growing increasingly dissatisfied with Mr. Saikawa’s handling of business problems at Nissan including a slowdown in U.S. sales and repeated quality issues in Japan, say people familiar with the matter.”

 

The Times (December 9)

2018/ 12/ 10 by jd in Global News

“This week, parliament’s Brexit drama reaches its climax, resulting perhaps in a nation set on a course that no one seems to think is in the national interest, or the collapse of a government, or the fall of a prime minister. Barring a last-minute miracle, Theresa May has lost her final battle. Her big push has failed.”

 

The Economist (December 8)

2018/ 12/ 09 by jd in Global News

“Already at risk of unraveling,” the unsteady truce between China and the U.S. has just become more precarious. “Even before news of Ms Meng’s arrest, global stocks see-sawed as investors wondered if hostilities might resume.” For China, at least her arrest “looks like a political salvo. Huawei is a pillar of the Chinese economy—and Ms Meng is the founder’s daughter. The fate of the trade talks could hinge on her encounter with the law.”

 

New York Times (December 6)

2018/ 12/ 08 by jd in Global News

“If Emmanuel Macron survives this crisis, something good may come out of it. He, along with French and European elites, could draw the lesson from the revolt of the Yellow Vests and find a way to govern with the people, not against them. That is, after all, what democracy is about.”

 

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