Barrons (August 13)
“Turkey makes up less than 1% of the emerging markets index, but its small size hasn’t kept it from creating big ripples during the dog days of summer. Most investors are steering clear of Turkey, as it grapples with the fallout from years of binging on dollar-denominated debt, but the bigger question is who else could get caught up in Turkey’s crisis.”
LA Times (May 26)
“Up until just a few weeks ago, China was the single largest market for the world’s recyclables. About two-thirds of the yogurt cups, soda bottles and magazines tucked into curbside recycling bins and crushed into bales were loaded onto cargo ships bound for China…where they were remanufactured into shiny new products and shipped back to the U.S.” China precipitated a crisis, when it halted all imports of recyclables in May. “The U.S. and other nations are still scrambling to figure out what to do with the rapidly growing trash bottleneck,” but China has actually done everyone a favor by creating a sense of urgency. “Policymakers and consumers should step up and take the hard but necessary steps to deal with our out-of-control trash-generating culture.”
Tags: Bottles, China, Consumers, Crisis, Culture, Curbside recycling, Imports, Magazines, Policymakers, Recyclables, Remanufactured, Trash bottleneck, U.S., Urgency, Yogurt cups
Reuters (May 23)
“Pyongyang’s announcement last week that it might pull out of the meeting should have been less of a surprise. North Korea has spent decades using similar tactics to shape the diplomatic agenda with the South and Washington, raising hopes of a breakthrough—then sparking a crisis and moving the goal posts.”
Tags: Agenda, Breakthrough, Crisis, Hope, North Korea, Pyongyang, South Korea, Surprise, Tactics, U.S.
CNN (February 1)
Richard Nixon “proved unable to shut down an FBI investigation of the Watergate break-in and ultimately resigned over the attempted coverup.” Some “extreme Nixonites” believe President Nixon “should have fought harder. Trump, who loves to talk about himself as a fighter, isn’t making that mistake. For this reason, we should expect more of the same…and a deepening crisis for the nation. All of this in service to one man’s state of mind.”
Bloomberg (November 20)
“After 12 years in office that have made her Europe’s anchor of stability in times of crisis, Merkel failed to stitch together an alliance that’s never been tried at the national level. While the breakdown leaves her in charge as acting chancellor, the collapse may signal the limit of her pragmatic, non-ideological style of governing and leaves her options for staying in power for another four years dramatically narrowed.”
Tags: Alliance, Breakdown, Chancellor, Collapse, Crisis, Europe, Germany, Governing, Merkel, Non-ideological, Pragmatic, Stability
The Guardian (October 17)
“If Brazil’s recent decline could be plotted in the falling popularity of its presidents, Michel Temer represents the bottom of the curve.” Overall, his popularity now sits at 3%, but “among under 24-year-olds, Temer’s approval hit zero.” Brazil’s president “has been charged with corruption, racketeering and obstruction of justice.” He may conceivably “escape impeachment, but the ongoing political crisis undermines democracy and opens the door to authoritarian hardliners.”
Tags: Approval, Brazil, Corruption, Crisis, Democracy, Impeachment, Obstruction of justice, Popularity, Racketeering, Temer, Zero
Caribbean Business (October 1)
Although he “spent years hammering his predecessor, Barack Obama, both for playing golf and leaving Washington too often,” President Trump “appeared unconcerned with the optics of spending his Sunday afternoon watching The Presidents Cup at the Liberty National Golf Club as the crisis continued” in Puerto Rico. As victims of the hurricane clamor for help, President Trump is also expected to “present a trophy to the tournament’s winning team.”
Tags: Crisis, Golf, Golf Club, Hurricane, Obama, Optics, Predecessor, Puerto Rico, Trump, Unconcerned, Victims, Washington
The Bangkok Post (September 14)
“The North Korean ‘crisis’ of recent months is largely an invented one.” Little has changed. “The probability that North Korea would fire a nuclear-tipped missile at the United States was” and remains, “essentially zero.” Given “the undeniable reality of mutual deterrence, the North Korean ‘crisis’ of 2017 can most accurately be seen as a media puppet show put on by Chairman Kim and President Trump for their own public relations purposes. Nonetheless, it’s a dangerous play.”
Tags: Crisis, Dangerous, Invented, Kim, Media puppet, Missile, Mutual deterrence, North Korea, Nuclear, Trump, U.S., Undeniable
Chicago Tribune (July 23)
“Six months after seizing complete control of the federal government, the Republican Party stands divided as ever plunged into a messy war among its factions that has escalated in recent weeks to crisis levels.” On top of that the executive and legislative branches are more frequently at odds. “Frustrated lawmakers are increasingly sounding off at a White House awash in turmoil and struggling to accomplish its legislative agenda.” In return, “President Donald Trump is scolding Republican senators over health care and even threatening electoral retribution.”
Tags: At odds, Crisis, Divided, Executive, Factions, Frustrated, Government, Lawmakers, Legislative, Republicans, Scolding, Trump, Turmoil
Chicago Tribune (April 8)
“The defiant outsider presidency of Donald Trump could go its own peculiar path for only so long before a crisis intervened, presenting a sudden test of competence. That moment happened when the Syrian government unleashed a poison gas attack on its own people. Trump passed this first test, we’re relieved to report.”
Tags: Competence, Crisis, Defiant, Outsider, Poison gas, Syria, Test, Trump
