The Guardian (May 20)
“The balance of global power is shifting fast, but Britain is stuck in the same old Brexit rut. Without a reckoning about the epic strategic error of leaving the EU, there is no serious debate about the country’s future place in the world.” The nation’s “capacity to influence global events was diminished, not boosted, by leaving the EU….The road to control leads back to Europe.”
Tags: Balance, Boosted, Brexit rut, Britain, Control, Debate, Diminished, EU, Future, Global events, Global power, Influence, Reckoning, Shifting, Strategic error
OilPrice.com (January 12)
“Regardless of how investable Venezuela will be in the future, the U.S. control over its oil industry would change the power balance in the oil markets, giving the U.S. more sway in longer-term supply. This would leave OPEC and the wider OPEC+ group including Russia and Kazakhstan with potentially diminished clout in influencing the oil market balances and prices.”
Tags: Clout, Control, Diminished, Future, Investable, Kazakhstan, Market balance, Oil industry, OPEC, Power balance, Prices, Russia, Supply, U.S., Venezuela
Bloomberg (January 11)
“Years of harrowing losses have left Chinese stocks with a diminished standing in global portfolios.” The trend is “likely to accelerate as some of the world’s biggest funds distance themselves from the risk-ridden market.” Furthermore, what began “as a performance-driven exodus now risks becoming a structural shift due to a toxic combination of doubts over Beijing’s long-term economic agenda, a prolonged property crisis and strategic competition with the US.”
Tags: Beijing, China, Competition, Diminished, Funds, Global portfolios, Harrowing, Losses, Property crisis, Risk, Stocks, Structural, Toxic
The Guardian (August 13)
“Forget doom-laden headlines, the dollar has not gone into terminal decline.” In fact, the dollar’s resiliency has been upheld even though “Donald Trump’s administration has done more than any in living memory to disrupt US trade” and has transformed the nation into an unreliable alliance partner. And yet, “the currency’s international role has not diminished significantly.” The simple truth is “there is no alternative. The euro is not an alternative…. Nor is the yuan a viable alternative.”
Tags: Alliance partner, Alternative, Currency, Decline, Diminished, Disrupt, Dollar, Doom, euro, Resiliency, Trade, Trump, U.S., Unreliable, Yuan
Chicago Tribune (February 14)
“It would be tempting to say the alleged help in getting Donald Trump elected has backfired for Russian President Vladimir Putin, but that is not the case. Putin wants “an adversary with diminished moral standing and no appetite for meddling in far-off regions. Putin is enjoying all the benefits he could expect from the Trump administration without having to pay for them.”
Tags: Adversary, Backfired, Benefits, Diminished, Meddling, Moral standing, Putin, Trump Election
