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Chicago Tribune (October 30)

2018/ 10/ 31 by jd in Global News

“The caravan of several thousand people coming north through Mexico has stirred all sorts of fears here at home…. But the actual grounds for fear are sparse.” Some won’t complete the journey. Many will apply for asylum. Only a small percentage will eventually make it into the U.S., either legally or illegally. Furthermore, “a body of evidence indicates that immigrants in general are less likely to commit crimes than native-born Americans.”

 

CBS News (September 7)

2018/ 09/ 08 by jd in Global News

“The Trump administration’s trade battles with China, Canada, Mexico and other countries around the world can feel like a bewildering descent into the obscure. But you don’t have to be an expert to grasp that, in the era of globalization, a trade war upends the way countries have operated for decades.”

 

Washington Post (June 8)

2018/ 06/ 10 by jd in Global News

“Trump is waging a trade war in the dumbest way possible.” In the best of times, “trade wars are neither good nor easy to win…. Every side loses, experiencing lost jobs, crippled businesses and higher prices for consumers.” Trumps tariffs are now estimated to result in 16 lost U.S. jobs for every job gained in the aluminum/steel industry: a painful, self-inflicted wound. Moreover, the counterpunches of our trading partners “are likely to draw more blood.” With the “already announced $40 billion worth of retaliatory tariffs on U.S.-made products,” Canada, the EU, Mexico, Russia, India, Japan and Turkey have “fine-tuned the art of minimizing their own pain — and maximizing ours.”

 

Washington Examiner (June 1)

2018/ 06/ 02 by jd in Global News

“With President Trump’s incredibly foolhardy decision Thursday to impose tariffs on steel and aluminum from Canada, Mexico, and the European Union, the probability grows of an economic crash this fall.”

 

Washington Post (December 7)

2017/ 12/ 09 by jd in Global News

Moving the embassy to Jerusalem could have been used “as a leverage for peace.” Instead, Donald Trump “used it to smash crockery in the region,” which “pretty well summarizes the Trump Doctrine.” Any so called successes “have been things Trump has undone (the Paris climate accord, the Trans-Pacific Partnership) or is in the process of undoing (the Iran nuclear deal, NAFTA). Relations have soured with Britain, continental Europe and countries from Mexico to Australia.” Meanwhile, Russia is gaining power and “the terrorist threat is decentralizing rather than dissipating.”

 

LA Times (March 2)

2017/ 03/ 03 by jd in Global News

The U.S. is “sending guns, crime to Mexico.” The country “has some of the strictest gun laws in the world,” but these don’t thwart the cartels. “To stock their arsenals, Mexican criminal organizations exploit lax U.S. gun laws, relying in part on straw purchases.” Each year, on average, over 250,000 firearms cross the border into Mexico from the U.S.

 

Washington Post (September 27)

2016/ 09/ 29 by jd in Global News

“The global marketplace may tell the larger story” about the presidential debate. “As the evening concluded, thanks to Clinton’s obvious dominance, as well as her assertion that a Clinton presidency would honor U.S. commitments abroad, the Asian markets recovered, the Mexico peso rallied, and Dow futures added 100 points.”

 

The Economist (May 1)

2015/ 05/ 03 by jd in Global News

Since 2010, foreign creditors “have extended the equivalent of more than $5 billion of 100-year bonds to Mexico in three currencies: dollars, sterling and now euros.” Moreover, Mexico has received exceedingly good terms (4.2%-6.1%) given its “distinctly spotty credit record.” This speaks volumes about the intensity of the global search for yield, but raises the inevitable question “what are the chances of investors, or their grandchildren, getting their money back?”

 

Institutional Investor (April 27)

2015/ 04/ 29 by jd in Global News

“For decades Washington politicians have evoked the dream of a North American energy alliance that would deliver Mexico’s abundant hydrocarbons to factories and motor vehicles in the U.S.” Today’s reality “is confounding expectations. It’s the booming U.S. energy sector that is powering Mexican factories and cars.”

 

New York Times (December 6)

2014/ 12/ 08 by jd in Global News

“Mexico, Indonesia, Nigeria and Turkey — the so-called MINT economies — along with the more developed South Korea,” could surpass Italy, the world’s eighth largest economy, to each contribute 3-5% of global GDP. The MINTs may even give some of the BRICs a run for their money. Jim O’Neil, who coined the term BRIC to refer to Brazil, Russia, India and China, thought each had potential to produce 5% of global GDP. China’s already there and India will be soon, but it’s becoming apparent that Brazil and Russia will struggle without reforms. While the MINTs “have many challenges, they all have exciting potential, and could become mini-giants, if not quite on the scale of some of their well-known BRIC colleagues.”

 

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