{"id":3362,"date":"2014-07-16T08:12:25","date_gmt":"2014-07-15T23:12:25","guid":{"rendered":"http:\/\/www.irken.jp\/gn\/?p=3362"},"modified":"2014-11-04T14:31:14","modified_gmt":"2014-11-04T05:31:14","slug":"716-issue","status":"publish","type":"post","link":"http:\/\/www.irken.jp\/gn\/?p=3362","title":{"rendered":"7\/16 Issue"},"content":{"rendered":"

\u201cTo win their fight for the status they deserve, the BRICS must choose their targets more shrewdly\u201d asserts <\/span>Bloomberg<\/a>, referring to the impending creation of their own new currency reserve fund and development bank. \u201cNeither invention is much needed, but for the inventors, this is beside the point.\u201d<\/span><\/p>\n

Also in need of shrewder target setting, writes the Los Angeles Times<\/i><\/a>, is the United States with its surveillance program that is causing many Germans to \u201cview America as a militaristic rogue state.\u201d A growing rift between the countries could \u201cdeliver a blow to American national security that no amount of secret information could possibly justify.\u201d<\/p>\n

Within the United States, there is also a need for perspective in California, which, the New York Times<\/i><\/a> reports, is experiencing a historic drought, though \u201cyou wouldn’t know it\u201d by looking at the state\u2019s water consumption.\u201d Gov. Jerry Brown\u2019s administration needs to \u201cthink a lot bigger\u201d and \u201cfocus on longer-term policies that encourage people to alter their lifestyles and businesses to change how they operate.\u201d<\/p>\n

82 shootings in 84 hours in Chicago called attention to the magnitude of another U.S. crisis. This was \u201cnot in some far-flung war zone but on the streets of a major U.S. city,\u201d the Washington Post<\/i><\/a> notes, nor was it \u201cthe only city to experience gun violence over the holiday weekend.\u201d \u201cWe can only hope that the bloody numbers help in tipping the balance toward eventual enactment of common-sense gun laws.\u201d<\/p>\n

In USA Today<\/i><\/a>, Bill Gross, founder of PIMCO, also argues for perspective and common sense to guide \u201cour economic future,\u201d instead of \u201cthe race for short-term corporate profits.\u201d \u201cIncome equality is good for business,\u201d but wages are down to 42.5% of GDP. \u201cMinimum-wage law increases, while seemingly anti-capitalistic and undemocratic, might be necessary for the common good \u2014 workers and corporations alike.\u201d<\/p>\n

The<\/span> <\/i>Wall Street Journal<\/i><\/a> <\/i>takes up the related issue of the proliferation of part-time work offering \u201clower pay, diminished benefits and little job security.\u201d<\/span>\u00a0Although 288,000 jobs were reportedly created in June, this is not the whole picture, since 523,000 full-time jobs were actually lost. \u201cThere\u2019s no point pretending that the sky is blue when so many millions can attest to dark clouds.\u201d<\/span>\u00a0<\/span><\/p>\n

And Japanese electronics firms may be owning up to their own dark clouds, The Economist<\/i><\/a> writes, after \u201cyears of denial that surgery was needed\u201d while continuing to \u201cobsess about fancy hardware\u2026. and failing to spot consumers\u2019 changing tastes.\u201d New business reorientation is a good step, but \u201cvisionary leaders\u201d are still lacking. \u201cIt will take a lot more than a few whizzy new gadgets to fix the Japanese electronics firms.\u201d<\/p>\n

****<\/span><\/p>\n

To see the overseas media\u2019s takes on these and other developments, you can browse the Global News highlights in app or at http:\/\/www.irken.jp\/gn\/<\/a>. Links to the original sources are provided above, but please note these are frequently updated. Links that were valid at publication may later be broken.<\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cTo win their fight for the status they deserve, the BRICS must choose their targets more shrewdly\u201d asserts Bloomberg, referring to the impending creation of their own new currency reserve fund and development bank. \u201cNeither invention is much needed, but for the inventors, this is beside the point.\u201d Also in need of shrewder target setting, […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3387],"tags":[],"class_list":["post-3362","post","type-post","status-publish","format-standard","hentry","category-irc-weekly"],"_links":{"self":[{"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/3362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3362"}],"version-history":[{"count":1,"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/3362\/revisions"}],"predecessor-version":[{"id":3363,"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/3362\/revisions\/3363"}],"wp:attachment":[{"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3362"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}