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Bloomberg (September 7)

2018/ 09/ 07 by jd in Global News

“One of the paradoxes of this year’s trade tensions is that in many parts of the world, it doesn’t yet feel like a crisis.” Although it may be “tempting to think the global economy is riding out the turmoil,” it would be “mistaken. Look closely: The slowdown has begun.”

 

The Economist (August 27)

2017/ 08/ 29 by jd in Global News

“In the wreckage of the Arab world today, many act as if the idea that Islamists can play a useful democratic role is broken, too. They are being repressed anew by reactionary regimes, challenged by violent jihadists and looked upon with suspicion by voters whom they failed…. Yet the blanket repression of all Islamists is the worst possible response. In the end, it will lead only to more resentment, more turmoil and more terrorism.”

 

Chicago Tribune (July 23)

2017/ 07/ 24 by jd in Global News

“Six months after seizing complete control of the federal government, the Republican Party stands divided as ever plunged into a messy war among its factions that has escalated in recent weeks to crisis levels.” On top of that the executive and legislative branches are more frequently at odds. “Frustrated lawmakers are increasingly sounding off at a White House awash in turmoil and struggling to accomplish its legislative agenda.” In return, “President Donald Trump is scolding Republican senators over health care and even threatening electoral retribution.”

 

Bloomberg (February 12)

2016/ 02/ 14 by jd in Global News

The Bank of Japan’s “decision to adopt negative interest rates has failed to rein in the currency’s advance.” In part, this is because money managers are advising wealthy families to favor the yen amid the turmoil in global financial markets. As a result, the yen is outperforming “all 31 other major currencies this year as Japan’s current-account surplus makes it attractive for investors seeking a haven.

 

Financial Times (December 21)

2015/ 12/ 21 by jd in Global News

“A surge of deals in the pharmaceuticals, energy and consumer sectors has pushed merger and acquisition activity to an all-time high, surpassing 2007’s peak — but dealmakers have admitted that bond market turmoil and geopolitical instability are their biggest worries for 2016.”

 

Wall Street Journal (August 28)

2015/ 08/ 29 by jd in Global News

“The turmoil in world markets may push back the date the Federal Reserve raises interest rates…. One consequence even in anticipation of the Fed’s move is that investors in emerging markets risk getting caught in a rip tide of liquidity heading back to the U.S.”

 

Washington Post (August 26)

2015/ 08/ 27 by jd in Global News

“First was the dot-com bubble, then the housing bubble. Now comes the commodities bubble.” The stock market’s current turmoil is “driven at least in part by a bubble of raw material prices. Their collapse weighs on world stock markets through fears of slower economic growth and large financial losses.”

 

The Economist (January 23)

2015/ 01/ 24 by jd in Global News

The death of King Abdullah “could hardly have come at a more challenging time for Saudi Arabia.” His successor “King Salman has inherited a realm that is the world’s top oil exporter at a time when prices have plunged; is home to Islam’s holiest sites of Mecca and Medina at a time when jihadist violence is at a peak; and has been dragged into turmoil in the region.”

 

Wall Street Journal (January 16)

2015/ 01/ 17 by jd in Global News

“The prediction that 2015 will be a year of currency turmoil is already coming true.” On Thursday, the Swiss National Bank roiled markets when it dropped its currency peg. “This won’t be the last currency shock as the world’s big central banks go their own way in frantic attempts to spur a slowing global economy.”

 

Bloomberg (December 29)

2014/ 12/ 30 by jd in Global News

“The Greek parliament’s decision to trigger elections by rejecting Prime Minister Antonis Samaras’s presidential candidate throws Europe back into turmoil. The European Union can avert a full-blown existential crisis, however, if it acknowledges that Greece’s economic pain is real and not entirely self-inflicted.”

 

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