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The Diplomat (June 19)

2018/ 06/ 21 by jd in Global News

“Comparisons–both fair and unfair–will likely be drawn between this government’s response to the Osaka earthquake and the 3.11 triple disaster or the 1995 Hanshin earthquake to score political points. Abe will be under pressure to centralize command without micromanaging, to foster cooperation at the municipal level without overreaching. Though this natural disaster is not on the scale of either the 3.11 or Hanshin earthquakes, given Abe’s grim political outlook, he cannot afford any misstep under this kind of scrutiny.”

 

The Guardian (June 11)

2018/ 06/ 13 by jd in Global News

“The worst possible Brexit, a potentially catastrophic no-deal, now looks increasingly possible—just at the very moment when the G7 debacle shows the vital importance of international cooperation. The Brexit project is like a clapped-out car wobbling and wheezing towards the finishing line next year with wheels and bits of bodywork falling off as the line approaches….  There is still time to dump the car.”

 

Wall Street Journal (June 28)

2016/ 06/ 29 by jd in Global News

“The free world got a boost Tuesday as American, Japanese and South Korean forces completed their first trilateral missile-defense drill in waters off Hawaii. Deepening such cooperation is vital for defending America and its partners against North Korea’s nuclear capabilities, and for putting China and Russia on notice that the U.S. won’t be muscled out of Asia.”

 

Financial Times (May 2)

2016/ 05/ 05 by jd in Global News

More needs to be done on fiscal and monetary co-operation. “The past few weeks have highlighted the limits of monetary policy expansion. The current framework combining quantitative easing and negative interest rates is offering rapidly diminishing returns because it is not producing the large, permanent increase in the money in circulation that would be required to turn inflation expectations around and lift the world economy out of deflationary deadlock.”

 

New York Times (June 23)

2014/ 06/ 23 by jd in Global News

“Any reasonable American strategy for managing China’s increasingly aggressive actions in Asia depends heavily on cooperation with Japan and South Korea.” Alas, a new report on comfort women, calling the sincerity of Japan’s 1993 apology into question, has again cast a wrench in relations with neighboring South Korea. Prime Minister Abe’s “continued willingness to play to that political fringe is interfering with Japan’s ability to carry on its leading role in the region.”

 

Euromoney (February Issue)

2014/ 02/ 20 by jd in Global News

“London and Luxembourg are at loggerheads to become Europe’s leading offshore renminbi hub—although they wouldn’t let you know it.” Right now the competition looks evenly matched. “Competition, not cooperation, between the financial centres is spurring on the internationalization of the renminbi. The competition continues. And this is a good thing.”

 

Los Angeles Times (December 22, 2013)

2013/ 12/ 23 by jd in Global News

Following previous battles, one of which recently shut down the U.S. Government, many were encouraged that both parties cooperated in Congress to smoothly pass a budget before the New Year. It would, however, be naive to assume this heralds a new spirit of bipartisan cooperation. “Next year is unlikely to get better, for one simple reason: It’s a congressional election year…. Getting Democrats and Republicans to agree on anything will be harder than ever.”

 

Los Angeles Times (June 12)

2013/ 06/ 13 by jd in Global News

“China will almost certainly pass the United States in the total size of its economy within a decade or so. But if one looks also at military and “soft power” resources, the U.S. is likely to remain more powerful than China for at least the next few decades.” But “the U.S. has to get away from thinking just about power over others and think about power with others. We do not want to become so fearful that we are not able to find ways to cooperate with China” in solving transnational challenges.

 

New York Times (January 8, 2012)

2012/ 01/ 10 by jd in Global News

Americans are warned that their country could follow Japan and face lost decades. This is a myth. Japan is not a fallen giant. Indeed it has quietly been strengthening its competitiveness. “Japan should be held up as a model, not an admonition. If a nation can summon the will to pull together, it can turn even the most unpromising circumstances to advantage. Here Japan’s constant upgrading of its infrastructure is surely an inspiration. It is a strategy that often requires cooperation across a wide political front.”

 

Financial Times (November 7)

2010/ 11/ 09 by jd in Global News

The growth of the G20 into a useful forum was “one of the few bright spots in the aftermath of the collapse of Lehman Brothers.” The world’s economic challenges remain, but the G20 appears to be stumbling. The Financial Times urges leaders in Seoul preserve this valuable forum. While cooperation through the G20 “cannot solve all the world’s problems, it can prevent a slide into protectionism.”

The growth of the G20 into a useful forum was “one of the few bright spots in the aftermath of the collapse of Lehman Brothers.” The world’s economic challenges remain, but the G20 appears to be stumbling. The G20 is not perfect, yet the Financial Times urges leaders in Seoul preserve this valuable forum. While cooperation through the G20 “cannot solve all the world’s problems, it can prevent a slide into protectionism.”

 

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