The Los Angeles Times (January 21, 2014)
Half a century ago, the Surgeon General declared cigarette smoking causes lung cancer. Since the earth-shattering report, “the percentage of Americans who smoke has dropped by more than half,” with only 18% still lighting up. “Other developed countries have achieved similarly dramatic smoking reductions.” Staggering estimates are put on items such as lives saved and medical costs eliminated. “But this is not the end of the story, sadly.” Cigarette smoking has grown dramatically in developing countries, nearly tripling between 1970 and 2000 alone. “There are now 1 billion smokers globally, almost one-third of the world’s adult population, and smoking rates are increasing in some countries, such as Bangladesh and Indonesia.”
Tags: Bangladesh, Cigarettes, Developed countries, Developing countries, Estimates, Indonesia, Lives, Lung cancer, Medical costs, Smokers, Surgeon General, U.S.
The Financial Times (January 20, 2014)
“At a time when US federal government is largely paralysed, it is in the states–and particularly the cities–where America’s future is being played out.” City leaders are innovating to solve problems they can no longer rely on Washington to solve. This is hardly new. “The abiding lesson of most of US history is that when Washington fails to function, the action moves to the states, cities and municipalities.” This is what “keeps the US moving.”
Tags: Cities, Federal, Government, Leaders, Municipalities, States, U.S., Washington
The Economist (January 18, 2014)
“With a string of deals the internet giant has positioned itself to become a big inventor, and reinventor, of hardware.” Google is becoming “the next GE,” with recent acquisitions spanning Nest Labs, Motorola Mobility and Boston Dynamics even as Google’s in-house engineers are “busy working on driverless cars and wearable gadgets such as Google Glass.”
Tags: Acquisitions, Boston Dynamics, Driverless cars, Engineers, GE, Google, Google Glass, Hardware, Inventor, Motorola Mobility, Nest Labs, Wearable gadgets
Euromoney (January Issue)
“US claims that Germany’s external surpluses are hindering global recovery are inaccurate and unjustified…. The complex reality is that Germany’s relative export success is not built on beggar-thy-neighbour policies or on the imposition of unnecessary austerity on its neighbours. It is founded domestically on higher productivity, better investment and substantial labour market reforms.”
Tags: Austerity, Beggar-thy-neighbour, Exports, Germany, Investment, Labour, Market reforms, Productivity, Recovery, Surpluses, US
Washington Post (January 17, 2014)
“Over the past few months, the Middle East has become an even more violent place than usual. Iraq is now once again home to one of the most bloody civil wars in the world, after Syria of course, which is the worst.” There is no quick fix that outsiders can provide. “In fact, the last thing the region needs is more U.S. intervention.” The Middle East’s deep-rooted tension is part of “a sectarian struggle, like those between Catholics and Protestants in Europe in the age of the Reformation. These tensions are rooted in history and politics and will not easily go away.”
Tags: Catholics, Civil war, Europe, History, Intervention, Iraq, Middle East, Politics, Protestants, Reformation, Struggle, Syria, Tensions, U.S., Violence
New York Times (January 15, 2014)
After three years without a case, India “can now be declared polio-free.” This “victory is an important milestone in the global effort to eliminate polio,” but much remains to be done to achieve the U.N. Millennium Development Goal of eradicating the disease by 2015, which would mean the world could be declared polio–free in 2018. Unfortunately, 2012 brought backtracking. There were 350 new cases of polio, up from 213 in 2012, and these occurred in 8 countries, up from 4.
Tags: 2012, 2015, 2018, Disease, India, Milestone, Millennium Development Goal, Polio, Polio-free, U.N., Victory
USA Today (January 15, 2014)
Alex Rodriguez, the current home-run king and highest paid baseball player of all time, “has now made history of another sort as the recipient of the longest suspension ever for a doping violation.” If the arbitrator’s decision proves binding, he’ll be out a full season (162 games). “It’s clear that baseball’s steroid era isn’t over. But with a tough investigation and tough penalties, the sport appears finally to be turning the corner.”
Tags: Alex Rodriguez, Arbitrator, Baseball, Doping, History, Home runs, Investigation, Penalties, Season, Sport, Steroids, Suspension, Violation
Financial Times (January 14, 2014)
“One trend that is prompting parts of Japan Inc to shop abroad is the ageing population. Japanese banks and insurers, for example, are increasingly looking to the younger demographics of southeast Asia to build up their next generation of depositors and policy holders.” And while this was part of the rationale behind Suntory’s acquisition of Beam, a new overseas M&A boom is unlikely given the weak yen, especially as many “companies remain unwilling to borrow for expansion after years of cutting costs and hoarding cash.”
Tags: Acquisition, Ageing, Banks, Beam, Cutting costs, Demographics, Depositors, Expansion, Hoarding cash, Insurers, Japan, M&A boom, Overseas, Policy holders, Population, Southeast Asia, Suntory, Yen
Los Angeles Times (January 12, 2014)
“The United States no longer knows how to win wars, but it continues to start them.” From hardware to preparedness, the U.S. military remains in a league of its own. Yet, since the end of the Cold War, “when it comes to finishing the job on schedule and on budget, their performance has been woeful.” The fighting in Iraq didn’t end when the U.S. left, nor is the fighting in Afghanistan likely to cease with the scheduled departure of U.S. troops. “For the United States, victory has become a lost art.”
Tags: Afghanistan, Budget, Cold war, Iraq, Military, Preparedness, Schedule, Troops, U.S., Victory
Washington Post (January 11, 2014)
China’s ambassador to the U.S., who served as ambassador to Japan from 2007 to 2009, writes “Japanese Prime Minister Shinzo Abe’s recent homage at the Yasukuni war shrine deeply disturbed people in China and much of Asia. The dispute surrounding his actions is about more than symbolism; it goes to the heart of his intentions for Japan’s future and his willingness to build an atmosphere of trust, respect and equality in East Asia.”
Tags: Ambassador, Asia, China, Dispute, East Asia, Equality, Future, Intentions, Japan, Respect, Shinzo Abe, Shrine, Symbolism, Trust, U.S., War, Willingness, Yasukuni
