RSS Feed



Tag Cloud


Chicago Tribune (October 30)

2018/ 10/ 31 by jd in Global News

“The caravan of several thousand people coming north through Mexico has stirred all sorts of fears here at home…. But the actual grounds for fear are sparse.” Some won’t complete the journey. Many will apply for asylum. Only a small percentage will eventually make it into the U.S., either legally or illegally. Furthermore, “a body of evidence indicates that immigrants in general are less likely to commit crimes than native-born Americans.”


Inc. (October Issue)

2018/ 10/ 30 by jd in Global News

“Roughly 3,000 startups are located in Chicago. Nearly 34 percent are run by women­–the most of any major U.S. city.”


The Economist (October 27)

2018/ 10/ 29 by jd in Global News

“Blind adherence to ESG criteria… could skew capital flows towards the most privileged parts of the world. That would make it harder for poorer economies to escape poverty—a failure that could, in turn, inhibit their progress on green, governance and social-justice matters.” For this reason, Charlie Robertson and others are arguing that “ethical investors should instead adopt a kind of economic relativism, judging countries relative to their GDP per person.”


Wall Street Journal (October 26)

2018/ 10/ 28 by jd in Global News

The European Central Bank is now faced with “a dilemma as it edges toward higher interest rates just as the region’s economy slows and faces escalating risks, from international trade tensions to a European dispute over Italy’s budget.” For now, President Mario Draghi has no plans to change course as the ECB seeks to “phase out easy-money policies.”


CNN (October 25)

2018/ 10/ 27 by jd in Global News

“Donald Trump’s unconventional diplomacy is pushing China and Japan closer together…. Still, despite the US hostility” moving the countries “closer together, the two countries’ long and fractious history makes an easy and lasting rapprochement difficult.”


LA Times (October 24)

2018/ 10/ 26 by jd in Global News

“The intended recipients of the explosive devices are a who’s who of Trump targets.” Fortunately, none of the devices exploded, but the President needs to learn to “watch his words,” whether or not the sender(s) of the devices prove to be related to Trump. “It’s always possible that someone will be inspired by ugly words to commit violent acts. The president needs to realize that.”


Bloomberg (October 24)

2018/ 10/ 25 by jd in Global News

“Don’t let Italy off the hook. The euro area needs budget rules, and the European Commission is right to enforce them…. The euro area has a strong collective interest in each member’s willingness to maintain fiscal discipline.”


South China Morning Post (October 23)

2018/ 10/ 24 by jd in Global News

“If the US and China actually decided to engage in a prolonged cold war, the economic consequences–however dire–would be dwarfed by another consequence: a lack of sufficiently strong action to combat climate change.”


Financial Times (October 21)

2018/ 10/ 23 by jd in Global News

“Investors should expect decades of selling pressure on Japanese stocks from the most implacable bears in the market: the recently deceased…. The relentless sell-off, which threatens to intensify until the year 2040 as the huge, wealthy postwar baby boom generation expires, arises from an estimate that about 80 per cent of inherited shares are immediately sold by heirs.”


BBC (October 21)

2018/ 10/ 23 by jd in Global News

“Concern about Russia’s development and deployment of a missile system that breaches the INF treaty predates the Trump administration.” Still, Trump’s “decision to walk away from the agreement marks a significant setback for arms control. Many experts believe that negotiations should have continued to try to bring the Russians back into compliance.” Instead, the move may prove part of a “wider unravelling of the whole system of arms control treaties.”


« Older Entries