Washington Post (February 17)
“It’s economists vs. the stock market. Economists generally don’t forecast a recession anytime soon,” but the stock market sure seems to be forecasting one. “Who’s right? We’ll know in a few months. Meanwhile, the dispute highlights the incomplete nature of the present recovery, which has lasted a long time but, to millions of Americans, still feels unsatisfactory.”
Tags: Dispute, Economists, Recession, Recovery, Stock market, U.S., Unsatisfactory
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
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
Financial Times (November 19, 2013)
Are Japan and China on a collision course? As the Senkaku dispute festers and both countries move to create National Security Councils, it still remains difficult “to believe that either China or Japan actually wants a war. The bigger risk is that military posturing around the islands will lead to an accidental clash – and that the governments of both nations would then be trapped by their own nationalist rhetoric, making it very hard to climb down.”
Tags: Accidental clash, China, Dispute, Governments, Japan, Military posturing, National Security Council, Nationalist rhetoric, Risk, Senkakus
New York Times (November 1)
An ongoing border dispute between India and China has led to war and confrontation. A recent agreement, however, “gives both sides an incentive to review their now very different maps of the region and settle on a permanent border. Until that happens, the possibility of serious conflict remains very real.”
