Reuters (August 8)
“President Donald Trump is instructing agencies to scrap ‘reputation risk or equivalent concepts’ from the customer assessment equation.” Banks will like the reduction in paperwork, but this move will “make it harder to spot fraud.” Trump has already “rolled back enforcement of all sorts of financial misdeeds. Further clearing the way for more of them is a far bigger threat than the fanciful idea that profit-seeking banks turn away good business on purely ideological grounds.”
Tags: Agencies, Banks, Customer assessment, Enforcement, Financial misdeeds, Fraud, Ideological, Paperwork, Profit, Reputation risk, Threat, Trump
The Economist (November 9)
“America’s anti-China fervour is partly an overcorrection for its previous complacency about the economic, military and ideological threat the autocratic giant poses.” The U.S. needs to rely upon “a sober assessment not just of China’s strengths, but also of its weaknesses.” Anything less, risks letting a distorted “view of Chinese power” lead to unnecessary “confrontations and, at worst, an avoidable conflict.”
Tags: Anti-China, Autocratic, Complacency, Confrontations, Economic, Fervour, Ideological, Military, Overcorrection, Power, Sober assessment, Strengths, Threat, U.S., Weaknesses
Washington Post (September 7)
“Mr. Xi’s two predecessors allowed China’s people more personal freedom and provided a rising living standard,” but he “is reversing that by putting more of an ideological stamp on society.” Aside from widely publicized new limits on video games and screen time, on September 2, the television regulator “banned effeminate men on the screen” out of “official concern that Chinese pop stars, imitating the sleek look of some South Korean and Japanese singers and actors, were failing to encourage China’s young men to be masculine enough.” Mr. Xi may know best “about everything, on behalf of everyone. But the more power concentrates in one man, the more brittle the system may become.”
Tags: Brittle, China, Effeminate, Freedom, Ideological, Japan, Masculine, Pop stars, Power, South Korea, Television, Video games, Xi
New York Times (August 28)
“Under Xi Jinping, the Communist Party’s most powerful leader since Mao, China has taken a hard ideological turn against unfettered private enterprise. It has set out a series of strictures against “disorderly” corporate expansion. No longer will titans of industry be permitted to march out of step with the party’s priorities and dictates.”
Tags: China, Communist, Corporate expansion, Dictates, Disorderly, Ideological, Industry, Leader, Mao, Powerful, Private enterprise, Strictures, Unfettered, Xi
Wall Street Journal (January 8)
With 13 days remaining in Trump’s presidency, “the best outcome would be for him to resign to spare the U.S. another impeachment fight.” Though impeachment could send a valuable “message to future Presidents that Congress will protect itself from populists of all ideological stripes willing to stir up a mob and threaten the Capitol or its Members.” Doing this “so late in the term” wouldn’t be “easy or without rancor…. It is best for everyone, himself included, if he goes away quietly.”
Tags: Capitol, Congress, Ideological, Impeachment, Mob, Outcome, Populists, Presidency, Protect, Resign, Trump, U.S.
Financial Times (April 23)
“The closeness between America and Japan, forged in the ashes of war, goes beyond the ideological…. Theirs has been one of the closest and most enduring of postwar relationships. They stand shoulder to shoulder on most issues from terrorism to intellectual property.”
Tags: Enduring, Ideological, Intellectual property, Japan, Postwar, Terrorism, U.S.
