Financial Times (April 8)
“Whatever the thundering herd of investors may think, it is too soon to declare that Mr Draghi has won the war for the euro. The eurozone still faces deep underlying economic and political problems that are beyond the control of the president of the ECB and his colleagues.”
Tags: Colleagues, Draghi, ECB, Economic, euro, eurozone, Herd, Investors, Political, President, Problems
4/9 Issue
From this week’s stories one might infer prevailing thought is frequently overblown.
The Financial Times suggests optimism for the eurozone may be overblown. Draghi has done a commendable job, but underlying weaknesses remain to be addressed by political and other leaders. Victory is neither achieved nor assured.
Institutional Investor suggests fears over the impact of the rising sales tax are overblown. If the slowdown proves temporary and Japan’s economy has the momentum to overcome the tax increase, overseas investors may regret the withdrawals they have been making since the start of the year.
Throughout history, doom and gloom population scenarios resurface periodically, but the New York Times believes alarm over falling fertility is overblown. Instead “slower population growth creates enormous possibilities for human flourishing.”
An overblown hand may have wasted Putin’s long-term advantage. With his bellicose short-term successes, Putin ultimately provided a wake up to the rest of Europe, which The Economist believes will now work to winnow its energy dependence on Russia.
Talk of empowerment and other progress tends to be overblown. It still takes until April 8 for the average woman to earn what the average would have earned in 2013. The Washington Post calls on companies to move beyond lip service toward real progress.
If, however, you hear about throngs of Chinese tourists flooding Korea, the Financial Times suggests this might not be overblown. They’re flocking to South Korea for shopping and even driving schools, where they can get a license in a sixth of the time it would take in China.
Perhaps with a vague sense of self-awareness, CNN points to the overblown speculation regarding the fate of Malaysia Airlines Flight 370. Three weeks later, there are still no real clues.
As always, links are provided to the original source so you can get further detail, but please note these are frequently updated and links that were valid at publication may later be broken. For your chance to see the media’s takes on these and other developments from around the globe, you can browse Global News highlights below and also at http://www.irken.jp/gn/.
