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Washington Post (May 11)

2018/ 05/ 13 by jd in Global News

“Lord save the world…. President Trump is making rash and risky moves that promise either brilliant success or catastrophic failure. The odds aren’t great, “given that it’s Trump we’re dealing with.”

 

The Week (August 1)

2017/ 08/ 03 by jd in Global News

“President Trump’s approval rating has sunk to historic lows,” but this is not the most salient point. “The politically relevant, and profoundly disturbing, fact is” that after six months of unremitting chaos, lies, ignorance, trash-talking vulgarity, legislative failure, and credible evidence of a desire to collude with a hostile foreign government to subvert an American election, President Trump’s approval rating is astonishingly high.” Over one-third of Americans apparently like “what they see and hear from the White House….That is simply stunning — and reveals just how precarious American democracy has become.”

 

Washington Post (June 22)

2017/ 06/ 24 by jd in Global News

“Trump will never get anything done” and the reason “goes beyond the usual factors that bedevil any new president — overpromising on the pace of action, underpreparing for the challenges of office, trouble in staffing up…. Trump’s failure to get key agenda items to the starting line reflects more fundamental problems in policymaking—problems that will persist even after this administration is fully staffed and acclimated.”

 

LA Times (February 14)

2017/ 02/ 15 by jd in Global News

“California’s majestic Oroville Dam is currently in danger of spillway failure in a season of record snow and rainfall. That could spell catastrophe for thousands who live below it and for the state of California at large that depends on its stored water. The poor condition of the dam is almost too good a metaphor for the condition of the state as a whole; its possible failure is a reflection of California’s civic decline.”

 

LA Times (January 30)

2017/ 01/ 31 by jd in Global News

“The mere idea of President Trump’s executive order suspending the entry into the country of various visitors, migrants and refugees was bad enough…. In execution, it was a disaster, plunging U.S. airports into chaos and displaying a shocking lack of forethought and planning and a deeply troubling failure of basic communication and coordination among and between federal and local authorities.”

 

The Economist (November 22)

2014/ 11/ 22 by jd in Global News

It has become fashionable to praise long-termism and deplore the corrosive influences of short-termism, but this is simplistic. “Long-termism and short-termism both have their virtues and vices—and these depend on context. Long-termism works well in stable industries that reward incremental innovation.” In other businesses, however, long-termism “is a recipe for failure” and success goes to those who can constantly “abandon their plans and ‘pivot’ to a new strategy, in markets that can change in the blink of an eye.”

 

Bloomberg (October 23)

2014/ 10/ 24 by jd in Global News

“It’s easy to see why Prime Minister Shinzo Abe wants Japan’s $1.2 trillion government pension fund to start buying more stocks…. But attempts to game the stock market have failed to revive Japan in the past and are doomed to failure again, unless Abe puts more effort into the harder work of real reform.”

 

Euromoney (September)

2014/ 09/ 25 by jd in Global News

“The security crisis brought on by the rise of Islamic State could turn Iran from pariah to much-needed partner to the west.” This places Iran “at a crossroads.” Will the nation chose to be “a resource-rich, rejuvenated success story, returned to the international fold and relied upon by western states as a stable force in an increasingly troubled region?” Or, instead, will it continue as “a recession-hit, bad loan-addled failure still barred from western trade and getting steadily, inexorably worse?” The view in Tehran is that it could go either way.”

 

Washington Post (February 3, 2014)

2014/ 02/ 03 by jd in Global News

Rather than marking Vladimir Putin’s crowning achievement, “the Sochi Olympics are more likely to become a forum for the demonstration of how and why Putin’s rule of Russia has failed—and how his power is ebbing both abroad and at home.”

 

Euromoney (August Issue)Euromoney (August Issue)

2012/ 08/ 11 by jd in Global News

“Trust has broken down between IPO vendors and issuers and traditional investors in new stock offerings in Europe. Deal arrangers seem incapable of bridging the valuation gap between the two sides.” Issuer focus on achieving high valuation is colliding with investor expectation to buy at a discount. As a result, 50% of Europe’s large planned IPOs failed this year. The situation is only slightly better for IPOs of all sizes. “In the first seven months of this year, 143 initial public offerings were priced for European issuers, while 50 others, over one-third as many, were either announced and then postponed or launched and then pulled. That’s a very high failure rate.”

“Trust has broken down between IPO vendors and issuers and traditional investors in new stock offerings in Europe. Deal arrangers seem incapable of bridging the valuation gap between the two sides.” Issuer focus on achieving high valuation is colliding with investor expectation to buy at a discount. As a result, 50% of Europe’s large planned IPOs failed this year. The situation is only slightly better for IPOs of all sizes. “In the first seven months of this year, 143 initial public offerings were priced for European issuers, while 50 others, over one-third as many, were either announced and then postponed or launched and then pulled. That’s a very high failure rate.”

 

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