The Economist (June 4)
“For the past two years Recep Tayyip Erdogan, Turkey’s president, has pursued a zany policy of trying to bring down inflation by making borrowing cheaper. It is precisely the opposite of what any mainstream economist would advise, and it was never going to work.” His new cabinet “includes Mehmet Simsek, a voice of economic orthodoxy.” The new treasury and finance minister has said “Turkey has no choice left but to return to a rational basis” for policymaking. “Such words will be music to the ears of many foreign investors, who have given up on Turkey over the past couple of years. But they will not count for much unless they are backed up by concrete steps to fix the country’s economy.”
Tags: Borrowing, Cabinet, Cheaper, Economist, Erdogan, Finance Minister, Inflation, Mainstream, Orthodoxy, Policy, Rational, Simsek, Treasury, Turkey
Wall Street Journal (July 11)
“The bitterness of Brexit pervades all aspects of British life and politics. It has divided friends and families, produced a Conservative cabinet with more leaks than an old sieve, split the diplomats of the U.S. and the U.K., and exposed a rift between Britain’s elected politicians and its unelected civil servants.”
Tags: Bitterness, Brexit, Cabinet, Conservative, Diplomats, Divides, Elected, Families, Friends, Life, Politicians, Politics, Rift, Split, U.S., UK, Unelected
Investment Week (May 23)
“The resignation of leader of the House of Commons Andrea Leadsom has accelerated expectations of the departure of Prime Minister Theresa May, who is set to step aside or be forced out within days.” The Prime Minister is “facing opposition throughout Parliament and even in her own cabinet.”
Tags: Cabinet, Expectations, Forced out, Leadsom, May, Opposition, Parliament, PM, Resignation, Step aside
New York Times (November 12)
“For a majority of Canadians, Mr. Trudeau and his cabinet symbolize a renewed sense of national identity rooted in diversity, in humane and inclusive social policies at home and in humanitarian service overseas. The thrill of the moment may be fleeting, but it is invaluable for awakening new generations to public service and as an antidote to the cynicism about politics that has sadly become the norm in established democracies.”
Tags: Awakening, Cabinet, Canadians, Democracies, Diversity, Humane, Identity, Inclusive, Public service, Trudeau
Wall Street Journal (July 2)
The decision by the Cabinet to reinterpret the constitution and allow for Japan’s collective self-defense is “a momentous and long overdue decision that strengthens the security of Asia’s democracies. Perhaps as important, it will force Beijing to contemplate how its aggressive behavior in the East China Sea invited Japan to take a more active role in the region.”
Tags: Aggressive, Asia, Beijing, Cabinet, Collective, Constitution, East China Sea, Japan, Region, Reinterpret, Security, Self-defense
The Economist (May 10)
“Long in crisis, Thailand is close to the brink. Without compromises on both sides, it may well collapse.” Thailand has fallen hard. Not long ago, it was a “shining example” of democracy with its booming economy. Now “everything is broken.” The latest blow came when a court dismissed Prime Minister Yingluck Shinawatra and nine cabinet members in what is being viewed by many as a political intervention. The country remains split in two politically. “The irreconcilable differences between the two sides have swallowed up Thailand’s courts, its army and even the monarchy—and left Thailand at the abyss.”
Tags: Army, Brink, Broken, Cabinet, Collapse, Compromise, Courts, Crisis, Democracy, Economy, Monarchy, Politics, Prime minister, Thailand, Yingluck Shinawatra
The Economist (January 5)
Japan’s “dangerously nationalistic new cabinet is the last thing Asia needs” and “rings alarms” on the domestic front, as well, due to the shortage of “economic modernizers.” One half of the cabinet positions went to “MPs who inherited Diet seats from their families. Worse, its members are gripped by a backward-looking, distorted view of history that paints Japan as a victim.”
Tags: Asia, Backward-looking, Cabinet, Diet, Economy, Japan, Nationalistic
