Forbes (February 27)
5G will bring “the biggest shift in telecommunications since the invention of the cellphone.” In fact, “the next major disruptive opportunity will come from 5G in changing the way we connect and power our communities.”
Tags: 5G, Cellphone, Connect, Disruptive, Invention, Opportunity, Power, Shift, Telecommunications
Wall Street Journal (February 26)
“Give some credit to President Trump.” He has broken “all convention, but it has created an opening to reduce the risk of nuclear war. The question as Mr. Trump prepares for his second summit with the North Korean is whether that mutual bonhomie can translate into tangible measures that actually reduce that risk. It hasn’t so far, notwithstanding Mr. Trump’s claims.”
Tags: Claims, Convention, North Korea, Nuclear war, Risk, Summit, Tangible measures, Trump
Washington Post (February 25)
“Trump’s delusional mind-set makes him a sitting duck for Kim to trade flattery (of Trump) for concessions (from Trump). Kim already achieved a level of respectability no other North Korean leader has attained—without a single meaningful and irreversible concession—simply by virtue of a summit that turned into a PR coup.”
Tags: Concession, Concessions, Delusional, Flattery, Irreversible, Kim, Meaningful, North Korea, PR coup, Respectability, Summit, Trump
Washington Examiner (February 25)
“President Trump indefinitely postponed hiking tariffs on China” for one obvious reason. “Trump, or at least his advisers, seem to understand that progress on North Korea cannot be made without China’s support. And that support, of course, is unlikely to be born out of hostile trade disputes and demands to essentially rewrite China’s economic model, which the Trump administration has made clear are goals of trade negotiations with Beijing.”
The Economist (February 23)
Plenty of executives and investors say they are worried about climate change. “Yet the reality is that meaningful global environmental regulations are nowhere on the horizon. The risk of severe climate change is thus rising, posing physical threats to many firms. Most remain blind to these, often wilfully so. They should start worrying about them.”
Tags: Climate change, Environmental regulations, Executives, Investors, Meaningful, Reality, Threats
BBC (February 21)
“Chinese President Xi Jinping last year officially opened a bridge connecting Hong Kong to Macau and the mainland Chinese city of Zhuhai—the world’s longest sea crossing bridge—as part of China’s plan to connect Greater Bay Area.” This ambitious plan seeks to spur economic development and “lays out strategic visions for the major cities in the region to become hubs in different sectors.” For example, “Hong Kong would strengthen its status as a finance and trade hub” while Shenzhen would be a tech hub and “Macau would focus on tourism.” An impressive plan, but “analysts question whether its lofty goals can be achieved.”
Tags: Ambitious, China, Finance, Greater Bay Area, Hong Kong, Macau, Shenzhen, Tech hub, Trade, Xi, Zhuhai
New York Times (February 20)
“By ramming through the sale of as much as $80 billion in nuclear power plants, the Trump administration would provide sensitive know-how and materials to a government whose de facto leader, Crown Prince Mohammed bin Salman, has suggested that he may eventually want a nuclear weapon as a hedge against Iran and has shown little concern for what the rest of the world thinks.”
Reuters (February 19)
“With no deal in sight as Britain’s March 29 exit date approaches, supermarkets are stockpiling, working on alternative supplies and testing new routes to cope with an expected logjam at the borders but say they face insurmountable barriers.” One of the biggest is that you simply can’t stockpile fresh produce and other perishables. “Intense competition and slim margins in the British supermarket sector have also made contingency planning more complicated.”
Tags: Barriers, Borders, Brexit, March 29, Produce, Stockpiling, Supermarkets, Supply routes, UK
Forbes (February 18)
“Drawn by generous incentives and the opportunity to sell directly into a unifying Europe, the car industry became a poster child for inward investment.” Now the survival of this industry in the UK is at stake. Honda’s scheduled plant closing “comes after last month’s announcement of up to 4,500 job losses at Jaguar Land Rover and news that Nissan’s new X-Trail model is to be made in Japan, not Sunderland.” Furthermore, “Toyota and Ford have warned of negative consequences in the case of Britain editing the European Union without a negotiated deal.”
Tags: Car industry, EU, Europe, Ford, Honda, Incentives, Investment, Jaguar Land Rover, Job losses, Nissan, Survival, Toyota, UK
Los Angeles Times (February 17)
“Persuading
North Korean leader Kim Jong Un to give up his nuclear weapons will be a long
and grueling process that will require President Trump to make significant
concessions — and even then, the effort may fail.” Although Trump will want to “to
claim spectacular results,” it is likely that any real accomplishments will
only be found in “seemingly mundane details.”
Tags: Concessions, Grueling, Kim Jong Un, North Korea, Nuclear weapons, Results, Trump