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June 2024
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South China Morning Post (February 7)

2024/ 02/ 08 by jd in Global News

“China’s state security ministry has stepped forward to warn those who disseminate ‘short’ views on the country’s economic and market prospects.” Based on this year’s performance, “excessive information manipulation has backfired and frightened away investors” from Chinese stocks on the Shanghai and Hong Kong exchanges. “To investors, a one-sided story, no matter how good it may look on the surface, is not trustworthy if there’s no counter-balance…. The rational response would be to stay away.”


BBC (December 19)

2022/ 12/ 20 by jd in Global News

The majority (57%) of votes cast in a poll conducted by Elon Musk were in favor of “Musk standing down as Twitter CEO.” The move “has either spectacularly backfired – if Musk was looking for an ego-boost – or it has been a huge success in getting him off the rather large hook he has found himself caught on since his purchase of Twitter.”


Fortune (September 24)

2022/ 09/ 25 by jd in Global News

“Nowhere is this crisis more pronounced and more dangerous than in Europe, where a long-standing gambit on cheap Russian gas has backfired.” With winter, it looks certain to get even worse. “Even the slightest uptick in energy demand… could push entire sectors of Europe’s manufacturing industry to shut down entirely, devastating European economies with a wave of unemployment, high prices, and in all likelihood public unrest and divisions between European nations.”


New York Times (June 23)

2019/ 06/ 25 by jd in Global News

President Trump has made a mess of Iran. His “decision to withdraw from the nuclear deal and impose crippling sanctions, when Iran was in full compliance, was foolish and, predictably, has backfired.” Still, “we are where we are” and fortunately that’s not yet full-scale war. “Finding a way to leverage his massive mistakes while demonstrating the will and capacity to climb down is our least bad option.” If he can act rationally, “with uncharacteristic clarity and resolve,” the President “now has an opening to restart talks on Iran’s nuclear program.”


Washington Post (March 30)

2019/ 04/ 01 by jd in Global News

President Recep Tayyip Erdogan’s is facing his biggest threat in years. He has tried to stack the deck for his candidate in the Istanbul election, “but this ploy appears to have backfired. Some polls are predicting a serious loss for the ruling Justice and Development Party (AKP) and its nationalist allies.”


South China Morning Post (January 22)

2019/ 01/ 23 by jd in Global News

“Trump’s aggressive trade actions have also made investors much more sensitive to China’s domestic economic woes, a development which Trump doubtless views as a sign that his administration is winning the trade war but which has backfired due to the adverse spillover effects on America’s economy and markets…. A trade truce, should one materialise, has come too late.”


Time (September 26)

2018/ 09/ 28 by jd in Global News

“President Trump’s efforts to isolate Iran at the U.N. backfired.” “The fiery speeches against Iran,” instead, revealed the “divisions… between the U.S. and its closest allies.” Most “foreign nations have opted to defend the agreement” with Iran, “rather than join America’s outbursts against it.” In fact, Russia, China, Germany, Britain, and France agreed “to set up legal entity to circumvent U.S. sanctions.”


Chicago Tribune (February 14)

2017/ 02/ 14 by jd in Global News

“It would be tempting to say the alleged help in getting Donald Trump elected has backfired for Russian President Vladimir Putin, but that is not the case. Putin wants “an adversary with diminished moral standing and no appetite for meddling in far-off regions. Putin is enjoying all the benefits he could expect from the Trump administration without having to pay for them.”