The Economist (August 2)
Israel is “winning the battle, losing the war. For all its military might, Israel faces a grim future unless it can secure peace” and it is slipping in the international court of public opinion.
Financial Times (August 1)
“Argentina’s 12-year dispute with a group of hedge funds holding out for full payment on defaulted Argentine bonds is proving to be one of the most wasteful debt restructurings in history…. Indeed the case once again illustrates the need for a better way of managing sovereign defaults.”
Tags: Argentina, Bonds, Debt restructuring, Default, Dispute, Hedge funds, Hold outs, Payment, Sovereign defaults
Institutional Investor (July 30)
“As the planet becomes more crowded and as many of its inhabitants enjoy ever higher standards of living, the stresses on our economy and environment will deepen. The global consumer class is forecast to grow by 3 billion in the next 30 years. To stave off unwanted outcomes affecting global stability, we will have to make fundamental changes in the ways we approach energy, infrastructure, development, agriculture, health care and social safety nets.”
Tags: Agriculture, Consumers, Crowded, Development, Economy, Energy, Environment, Health care, Infrastructure, Planet, Safety nets, Stability, Standard of living, Stresses
