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Reuters (July 5)

2018/ 07/ 06 by jd in Global News

“Investors watching the trade tit-for-tat between the United States and China may well have reason to fear the havoc a full blown conflict between the world’s two biggest economies could wreak on the global economy.” Furthermore, the collateral damage could be worse than that done to the principals. Due to global supply chains, countries like Taiwan, Hungary, the Czech Republic, South Korea, and Singapore could be equally if not more vulnerable” to fall out from the spat between the U.S. and China.

 

Wall Street Journal (June 12)

2018/ 06/ 14 by jd in Global News

“Donald Trump and Kim Jong Un both received what they most wanted from their one-day summit in Singapore on Tuesday…. Whether this photo-op summitry achieved anything beyond the bonhomie is a lot less clear.” There is little indication of real progress. In fact, “if the past is a guide, all of this will be subject to painful and perhaps endless negotiation, and the North will insist on concessions from the U.S. at every stage. Having committed to talks, Mr. Trump will be under pressure to make more concessions lest Kim walk away.”

 

The Economist (April 21)

2018/ 04/ 23 by jd in Global News

“Humans have had a good run. But with the most recent breakthrough in robotics, it is clear that their time as masters of planet Earth has come to an end.” Such statements remain unlikely and “furniture-assembly helps explain why.” Researchers in Singapore were able to get two robots to assemble an Ikea flat pack, but it was a long, painstaking exercise. Robots and AI continue to struggle in the real world. “It seems to be a fundamental truth: physical dexterity is computationally harder than playing Go.”

 

The Straits Times (February 20)

2018/ 02/ 21 by jd in Global News

“In spite of a substantial budget surplus,” Singapore is planning to raise taxes to meet “the challenges that lie ahead—in the form of financing healthcare in an ageing society, meeting infrastructure needs and ensuring security.” This approach starkly contrasts with the U.S., which has cut taxes despite running an enormous budget deficit, but fiscal sustainability has been “a mainstay of Singapore’s economic planning since independence.”

 

Newsweek (October 25)

2017/ 10/ 27 by jd in Global News

“The power of a U.S. passport has plummeted under President Donald Trump. American passports have now fallen behind those of 18 countries in terms of global mobility—a staggering collapse…. In 2015, the United States tied for first place with the United Kingdom on the list; last year, it slipped to fourth place. Americans now trails 18 countries, including Belgium, Japan, Sweden and first-place Singapore.” Japan tied for fourth place behind Singapore, Germany, Sweden and South Korea.

 

Reuters (July 11)

2017/ 07/ 12 by jd in Global News

As its first family fights publicly in an unprecedented and ugly manner, the “shrinking returns” of its sovereign wealth fund, GIC, “are adding gloom to Singapore. The sovereign wealth fund, which manages an estimated $343 billion of assets, has delivered its worst annual performance since 2001 barring the financial crisis.” Moreover, the “outlook is depressing too” as GIC prepares for “a protracted period of low returns.”

 

Bloomberg (September 23)

2016/ 09/ 25 by jd in Global News

“Singapore has done it again. The city-state beat New Zealand to rank first in a survey of expat destinations for the second year running…. Singapore is the best place to live, work and raise a family abroad.”

 

Bloomberg (August 6)

2015/ 08/ 07 by jd in Global News

“Efficient and incorruptible as the government has been, though, it would benefit from a bit more dissent.” As Singapore turns 50, the biggest danger is groupthink. “After 50 years of ceaseless striving, Singapore can afford to relax just a little. If it wants to keep amazing the world, and to extend its miracle into a new era, it may have to do just that.”

 

Washington Post (March 22)

2015/ 03/ 23 by jd in Global News

Singapore’s Lee Kuan Yew “was the democratic world’s favorite dictator.” Despite his virtues, he was “demonstrably unwise about democracy in Asia. While he was touting supposedly unique Asian values incompatible with liberal Western norms, Taiwan, South Korea and Indonesia became robust democracies and prospered economically.”

 

Wall Street Journal (June 1)

2014/ 06/ 02 by jd in Global News

At this year’s annual Shangri-La Dialogue in Singapore, tensions were on full display. Chinese officers spoke in ways that “only reinforced fears that Beijing is on a collision course with the U.S. They accused the U.S. and Japan of using coercion and acting hegemonically, when everyone else in region says that describes Chinese behavior.”

 

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