New York Times (July 5)
“A quarter of a millennium is long enough to make a nation feel permanent, as though it had always been here and always will be. But the founders… knew that they were making a wager, not a guarantee.” So far, the U.S. has surmounted seemingly existential challenges. “Each time the Republic proved more durable than its mourners predicted, not because of any magic in the system, but because enough people decided the alternative was unacceptable and went to work. Democracy is not a sheltered structure we live inside. It is a habit we must practice — or lose.”
Tags: Challenges, Democracy, Durable, Existential, Founders, Guarantee, Habit, Nation, Permanent, Practice, Surmounted, U.S., Wager
Barron’s (June 17)
President Trump inked an Iran Deal that “leaves more questions than answers.” While traders are “optimistic that one way or another, the Strait of Hormuz will reopen and oil will resume its prewar flows,” their optimism is not shared by many analysts. “Oil analysts remain skeptical as to how soon, if ever, shipping will resume through the strait at prewar levels. That’s in part because it is unclear if Iran’s agreement not to charge tolls for 60 days, as stated in the memo, will become permanent.”
Tags: Analysts, Iran Deal, Oil, Optimistic, Permanent, Prewar flows, Questions, Reopen, Resume, Shipping, Skeptical, Strait of Hormuz, Tolls, Traders, Trump
The Times (April 26)
“Few would envy the King his task when he begins his state visit to the United States on Monday.” Given the circumstances, his Mother would likely have cancelled the trip. We should “praise him for taking on a challenge that many would prefer to duck.” Hopefully, the visit will prove “an opportunity to prevent a temporary rupture in the special relationship from becoming permanent estrangement” and that “King Charles can be a bridge over troubled water for US and UK.”
Tags: Bridge, Cancelled, Challenge, Estrangement, King Charles, Opportunity, Permanent, Prevent, Rupture, Special relationship, State visit, Task, U.S., Visit
