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December 2016
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New York Times (December 30)

2016/ 12/ 31 by jd in Global News

“Glory, glory, hallelujah! New Year’s Day is about to bring New Yorkers what many of their ancestors never lived to see: the opening of the Second Avenue subway.” Though it is set to open on schedule, the line is really “nearly a century overdue. It was dreamed up in the 1920s, was derailed by the Great Depression, by wars overseas and political battles at home, by the 1970s fiscal crisis, by dithering, distractions, diverted funds and the inertia that keeps big infrastructure projects forever on the drawing board.”


Institutional Investor (December 29)

2016/ 12/ 30 by jd in Global News

“Disruption in the asset management industry is imminent…. Due to a combination of new technologies, shifting demographics and changing client demands, the asset manager of the future must self-regulate, adopt corporate governance by investment firms, invest in technology, and cultivate and keep top-notch talent.”


Wall Street Journal (December 28)

2016/ 12/ 29 by jd in Global News

“For two decades top U.S. officials from both parties—Madeleine Albright, Condoleezza Rice, John Kerry and others—have believed that the North could be bought off, or that China could be cajoled to rein in its client in Pyongyang. These views have proven to be badly mistaken, and the world is far more dangerous as a result.”


US News & World Report (December 28)

2016/ 12/ 28 by jd in Global News

“It was about 37 degrees Fahrenheit warmer in the Arctic in November than it usually is this time of year. The week before Christmas, it was 50 degrees above the usual average. That is, to put it mildly, something quite out of the ordinary.” Even more troubling, “what every scientist in the world studying the Arctic knows is this: what happens in the Arctic doesn’t stay in the Arctic; and global warming is now permanently altering the region in ways that will have untold consequences. In fact, the Arctic system has changed so dramatically that it may now be vulnerable to tipping points that affect the entire planet.”


Washington Post (December 27)

2016/ 12/ 27 by jd in Global News

“Europe has been so weakened by the tumultuous events of 2016 that it is left unprepared to deal with the three big foreign policy challenges of 2017:” 1) Donald Trump, 2) “the increasing power of Vladimir Putin,” and 3) terrorism.


The Independent (December 26)

2016/ 12/ 26 by jd in Global News

“We are entering the year of President Trump – and it feels like the world is about to become a lot more dangerous.”


Bloomberg (December 24)

2016/ 12/ 25 by jd in Global News

“Some climate activists worry that Donald Trump’s presidential election will be the death knell for the global environment. That’s almost certainly untrue. Whatever Trump’s attitude toward climate science and energy policy, two big outside factors will be much more important — technological progress and policy in developing nations.


Chicago Tribune (December 23)

2016/ 12/ 24 by jd in Global News

“From the standpoint of personal health, getting at least seven hours is just common sense. But a case can be made that sleep equals productivity equals a robust economy. So, for yourself and for the sake of our country, do your part for the gross domestic product.” A recent Rand Corporation study found that lost sleep negatively impacts the U.S. economy by $411 billion each year.


CNN (December 23)

2016/ 12/ 23 by jd in Global News

“President-elect Donald Trump long ago earned a reputation for being unpredictable in his statements, but he outdid himself on Thursday. In the span of just a few hours, Trump shook international relations by undercutting the Obama administration over a UN resolution on Israeli settlements, indicated he would ramp up nuclear competition with Russia and then jolted a major defense contractor — and its shareholders — by suggesting he would ask Boeing to replace a fighter jet being made by Lockheed Martin.”


Reuters (December 20)

2016/ 12/ 22 by jd in Global News

“As soon as he’s inaugurated on Jan. 20, Trump will face a crucial decision: Will he continue the Pentagon’s support and training for the coalition of Syrian rebel groups which is leading a ground offensive to oust Islamic State?” While “the fledgling Trump administration wants to avoid becoming mired in Syria’s complicated war, and has signaled that it wants Russia to continue taking the lead… other powers might try to drag Washington deeper into the conflict, or use it to project strength, or to distract Trump from other goals, such as his insistence on dismantling the Iran nuclear deal.”


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