The Times (May 13)
“The United States is expected to lose $12.5 billion in international travel spending by the end of the year.” According to the World Travel and Tourism Council (WTTC) “reports of tourists being stopped at the border, visa detentions, a tariff war waged by the Trump administration and a higher exchange rate” are all factors in what they estimate will reduce 2025 spending by foreign tourists in the U.S. to $169 billion, “down 7 per cent from $181 billion last year and 22 per cent from the peak before the pandemic.”
Tags: $12.5 billion, $169 billion, 2025, Border, Exchange rate, International travel, Pandemic, Reduce, Spending, Tariff war, Tourists, Trump, U.S., Visa detentions, WTTC
American Banker (November 26)
“President-elect Donald Trump’s hard-lined immigration policies are likely to have implications for housing markets throughout the country, but not necessarily the ones he had in mind.” Though he “billed his hardline stance on the border and promised deportations as a solution to tight housing markets,” experts now expect such policies, “at least in terms of housing, could do more harm than good.”
Tags: Border, Deportations, Experts, Hard-lined, Harm, Housing markets, Immigration policies, Implications, President-elect, Trump
Wall Street Journal (November 13)
“South of the border, China is ascendant,” having successfully “capitalized on U.S. indifference in Latin America.” The world’s second most populous nation has now “replaced the U.S. as the dominant trading partner for most big economies, with the exceptions of Mexico and Colombia.” Beijing has also “signed up most of Latin America and the Caribbean to an infrastructure program that excludes the U.S.”
Tags: Ascendant, Big economies, Border, Capitalized, China, Colombia, Dominant, Indifference, Latin America, Mexico, Trading partner, U.S.
The Guardian (September 12)
“Here the issue… is that a British prime minister persists in asserting the impossible. He demands that Britain leave the European single market but with a gaping hole in its border, in Ireland. He wants a border and no border.” A no-deal Brexit would cause “chaos” in a worst case scenario, but “in Ireland it is physically impossible.”
Tags: Border, Brexit, Chaos, EU, Impossible, Ireland, No-deal, Prime minister, Single market, UK
Chicago Tribune (April 5)
“Trump is terrible at making deals. His threat to close the U.S.-Mexico border offers the latest example…. Trump tried to get Mexico to pay for his cherished wall and failed. He tried to get Congress to provide $5.7 billion to construct it and failed despite putting the country through a 35-day government shutdown.” The President “is good at making demands and issuing threats, but those are useful only if you know how to bargain and compromise. He fails at making deals because he has never learned that in negotiations, as in war, the other side gets a vote.”
Tags: Border, Compromise, Demands, Failed, Making deals, Mexico, Negotiations, Shutdown, Terrible, Threats, Trump, U.S., Wall
New York Times (January 9)
“When it comes to the border and the wall, Trump’s willful estrangement from reality is so profound that network executives and newspaper editors spent part of Tuesday in strategy sessions about how to respond to his inevitable barrage of falsehoods. Should there be a crawl of words on the bottom of the television screen to correct him in real time? Could fact checkers work speedily enough to post rebuttals online…? This is where we find ourselves. Other presidents have been untrustworthy, and others have had to be called out on it. But not like this. This is surreal.”
Tags: Border, Fact checkers, Falsehoods, Reality, Rebuttals, Strategy, Surreal, Trump, Untrustworthy, Wall
The Economist (June 16)
“The Irish border presents a near-insurmountable roadblock to a hard exit. With less than six months of negotiating time left, it is becoming clear that Brexit will be softer than Mrs May set out. That is good news for Europe and for Britain.”
Tags: Border, Brexit, Hard exit, Insurmountable, Irish, May EU, Negotiating, Roadblock, Softer, UK
Time (August 31)
“More missile tests, more bomber flyovers and three angry armies facing each other across the world’s most heavily armed border raises the possibility that a miscalculation could lead to real fighting.”
Institutional Investor (October 10)
“As refugees from Syria and Iraq flood across the border and, the real economy suffers, Lebanon’s central bank is looking to start-up lending as a way to boost growth.” Despite an influx of 1.3 million refugees (roughly a third of its pre-crisis population), Lebanon’s “economy has remained intact. Growth, while meager, is still projected to reach 1.8 percent this year….Much of this resilience is down to the creativity of the central bank” and the novel approaches it is adopting.
Tags: Border, Central bank, Creativity, Economy, Growth, Iraq, Lebanon, Lending, Refugees, Resilience, Start-ups, Syria
Financial Times (October 8)
Isis looks poised to capture Kobani and much of Syria’s border with Turkey. Will this finally jolt Turkey’s president, Recep Tayyip Erdogan, out of his ambivalence? “If he is to retain the confidence of his longstanding allies, Mr Erdogan should move decisively against Isis and put an end to international perceptions that he is willing to dally with this deadly foe.”
