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New York Times (November 9)

2018/ 11/ 10 by jd in Global News

Brazil “had been on an upward trajectory, that seemed to have shaken off the legacy of instability.” Instead, it “suffered a terrible recession and is experiencing a very slow recovery.”  The nation “appears to have been hit by a perfect storm of bad luck and bad policy: The global environment deteriorated sharply…. Domestic private spending also plunged… Policy, instead of fighting the slump, exacerbated it.”


CNN (May 9)

2018/ 05/ 11 by jd in Global News

“While Beijing has slowly become mindful of the monster it has unwittingly unleashed, it still believes that it can walk both these very thin lines—a North Korea that is weak but stable, and disruptive yet not explosive—in part because it must: China’s internal instability cannot withstand much in the way of external shocks, of which the leadership is well aware.”


1843 (November Issue)

2017/ 11/ 12 by jd in Global News

“Globalisation has turned citizenship into a commodity.” Estimates suggest that each year, “several thousand people spend a combined $2bn or more…on adding a passport or residence permit to their collection.” Convenience and instability are two of the factors encouraging the acquisition of additional passports, which do not come cheap. “The required investment ranges from upwards of $10,000 (Thai residence, for instance) to more than $10m (fast-track residence in Britain).”


CNN (June 21)

2017/ 06/ 23 by jd in Global News

“If ever there were a country in need of modernization, Saudi Arabia is it.” The newly named Crown Prince “is deeply committed to carrying major reforms to fruition. He embodies dynamism, youthful boldness and a vision of possibility. But the far-ranging changes he is bringing to the conservative kingdom and to the region carry risk and no guarantee of success. In a region roiled with instability, they add another element of uncertainty.”


Barron’s (January 12)

2016/ 01/ 14 by jd in Global News

“President Xi Jinping’s men thought they’d escaped 2015’s woes, only to see the floor fall out from under them in the first 10 days of this year. The root causes of instability that’s panicking global markets can be traced back to Jan. 1, 2015, when Xi opted for a muddle-through policy akin to Tokyo’s in the late 1990s.” Xi and crew can still conceivably avoid Japan’s fate by “acting assertively to restructure the economy and repair the bad-debt-heavy national balance sheet. Increasingly, though, Xi’s government is acting like Tokyo’s, circa 1998.”


Financial Times (June 24)

2013/ 06/ 25 by jd in Global News

“It is too early to say, but with the credit intensity of China’s slowing economic growth surging back this year to levels last seen in the 2009 credit boom, a severe credit squeeze could precipitate a big drop in investment, accentuate the downturn in growth and lead to financial and banking sector instability.”


The Economist (December 23)

2011/ 12/ 26 by jd in Global News

American troops departed Iraq on December 18. Less than a week later, dozens were killed when bombs exploded in Baghdad “stoking fears that without American soldiers, an unravelling political situation could herald a return for Iraq to the bad old days of sectarian bloodshed.”


Washington Post (October 18)

2010/ 10/ 19 by jd in Global News

Newsweek editor Fareed Zakaria writes that the U.S., China and South Korea need to think hard about “the collapse of North Korea.” The extensive measures Kim Jong Il is taking to shore up his son as successor suggest instability. In addition to a bad economy, food shortages and famine, North Koreans are “beginning to learn more and more about the outside world.” With South Koreans earning $28,100 versus each North Korean’s $1,900, it is only a matter of time before “North Koreans are going to start moving south, to jobs, money, opportunity and freedom.” Unless plans are made now, there will be chaos with potential for “serious geopolitical instability.”