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December 2018
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Reuters (November 1)

2018/ 11/ 02 by jd in Global News

Expect some Brexit volatility for the pound. “With less than five months until the marriage is due to end, the two sides have yet to finalise a divorce settlement and if none is made by the end of March,” the current consensus is that “sterling will fall to $1.20.” The same poll of economists predicted “the pound would bounce to $1.35 if a deal is made.”


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.”


The Economist (June 9)

2018/ 06/ 11 by jd in Global News

“Donald Trump’s demolition theory of foreign policy won’t work. Even if the president strikes a deal with North Korea, his approach will harm America and the world.”


The Week (April 19)

2017/ 04/ 22 by jd in Global News

“President Trump thinks he has worked out a magnificent ‘deal’ with China.” In reality, “Trump is being played like a fiddle by Chinese President Xi Jinping.” China will be unable to place much additional pressure on North Korea. In return for nothing, “Trump has decided to drop one of the few good ideas of his campaign: renegotiating our trade deal with China so it’s better for the U.S.”


Financial Times (February 18)

2016/ 02/ 20 by jd in Global News

The conditional deal between Saudi Arabia and Russia delivered “maximum rhetorical impact for the minimum genuine commitment.” Ultimately, it “will not take a single barrel of oil off the market to ease the glut that has driven crude prices down about 70 per cent since the summer of 2014.” The deal reveals “nervousness among the world’s two largest oil producers. But the fact that Saudi Arabia is not already cutting its output, in spite of mounting signs of financial strain, shows that while its strategy might be painful, it is still rational.”


New York Times (July 14)

2015/ 07/ 14 by jd in Global News

The EU’s tentative deal “may avert an immediate catastrophe, but there is little to celebrate since it will do little to address, much less repair, the slow-moving disaster of the Greek economy.” For that matter, “in forcing Greece to submit they have not resolved the crisis of the monetary union or advanced the European project.”


Washington Post (June 25)

2015/ 06/ 26 by jd in Global News

“Compromises are part of any negotiation. Any agreement can really be judged only when the text is signed and details are made public. The April framework accord was a solid basis on which to build a credible final deal. Ayatollah Khamenei must decide whether he and his government can live with the economic and political consequences if he sabotages this deal.”


Washington Post (April 1)

2015/ 04/ 01 by jd in Global News

“Deal or no deal, the Iran talks have borne fruit” by engaging Iran with the outside world. “Iran is now a diplomatic and political factor in regional and world politics, for better or worse. The right U.S. strategy was to prevent this rising Iran from getting nuclear weapons, not to pretend that it didn’t exist.”


USA Today (December 16)

2014/ 12/ 16 by jd in Global News

“For 22 years, the nations of the world have been discussing ways to prevent catastrophic damage to the Earth’s climate caused by emissions of greenhouse gases…. About the best that can be said for the accord announced in Peru on Sunday, after two weeks of talks among nearly 200 nations, is that even a weak deal is better than no deal.”


Forbes (June 16)

2014/ 06/ 16 by jd in Global News

Putin’s oil deal with China should hardly rate a footnote. It amounts to “an annual average of $13 billion.” And rather than being a groundbreaking strategic alliance, “the deal with China underscores Russia’s core weakness. Despite its immense resources and highly educated population… Russia has a shockingly small economy that is amazingly dependent on the export of oil, gas and a few other natural resources.”


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