The Economist (October 2)
Donald Trump has remade, rather than destroyed, American financial diplomacy. He has refashioned it “in his image. It is now nakedly self-interested. Money flows to ideological allies, to leaders who control something he covets and to countries he hopes to lure away from China. In the long run, spending on these goals may outpace what was once allocated to poverty alleviation.”
Tags: China, Control, Covets, Destroyed, Financial diplomacy, Ideological allies, Leaders, Lure, Money, Outpace, Poverty alleviation, Remade, Self-interested, Spending, Trump, U.S.
The Guardian (September 24)
“European leaders have been pulled to the right on migration, the climate crisis and Israel. Their weakness is undermining the democratic principles on which the EU was built.” If they “remain still and silent, hoping Trump will simply fade away, they risk giving up not just their dignity but their political agency. By doing so, they are allowing far-right forces to fill the void and tilt the balance permanently.”
Tags: Climate crisis, Democratic principles, Dignity, EU, Europe, Far right, Israel, Leaders, Migration, Political agency, Risk, Silent, Still, Trump, Undermining, Void, Weakness
Financial Times (April 23)
“While company leaders have generally avoided public criticism of the US president, they have been forced to confront his tariffs — which include levies of 145 per cent against export powerhouse China — on quarterly earnings calls with analysts this month.” Through Tuesday, “tariffs were cited on more than 90 per cent” of earnings calls while “recession” arose on 44 per cent. Corporate leaders also spoke of “escalating expenditures, gummed-up supply chains and a hit to the world’s largest economy.”
Tags: Analysts, Avoided, China, Confront, Criticism, Earnings calls, Economy, Escalating, Expenditures, Export, Leaders, Rrecession, Supply chains, Tariffs, Trump, U.S.
Reuters (March 3)
“Europe’s dark defence picture has a bright side. President Donald Trump’s hostility to erstwhile U.S. allies in Europe… has scrambled the continent’s security arrangements. Yet leaders who gathered in London on Sunday have a consolation of sorts: the pressure to rapidly rearm gives them cover to hike taxes.” They can now “legitimately tell their populations that everything has changed. There’s a solid long-term argument for Europeans to make a bigger contribution to their security. It’s a silver lining for an otherwise gloomy outlook.”
Tags: Allies, Consolation, Cover, Defense, Europe, Gloomy outlook, Hostility, Leaders, London, Pressure, Rearm, Scrambled, Security arrangements, Silver lining, Taxes, Trump, U.S.
The Economist (February 20)
“The past week has been the bleakest in Europe since the fall of the Iron Curtain. Ukraine is being sold out, Russia is being rehabilitated and, under Donald Trump, America can no longer be counted on to come to Europe’s aid in wartime. The implications for Europe’s security are grave, but they have yet to sink in to the continent’s leaders and people.”
Tags: Bleakest, Europe, Grave, Implications, Iron Curtain, Leaders, People, Rehabilitated, Russia, Security, Sold out, Trump, U.S., Ukraine, Wartime
New York Times (January 19)
“America’s leaders and institutions must remain undeterred. They will need to show courage and resilience in the face of Mr. Trump’s efforts as they continue to play their unique roles in our democracy. Vigilance is everything: If institutions surrender to the fear and coercion — by bending the knee or by rationalizing that the next right actions aren’t worth the fight, stress or risk — they not only embolden future abuses; they are also complicit in undermining their own power and influence.”
Tags: Abuses, Coercion, Complicit, Courage, Democracy, Efforts, Fear, Institutions, Leaders, Power and influence, Resilience, Surrender, Trump, U.S., Undermining, Vigilance
Washington Post (November 18)
“Donald Trump’s return has delivered a jolt of shock therapy to Europeans already grappling with anemic economies, impotent leaders and rising populism. The urgent question is whether Trump 2.0 galvanizes Europe and impels reforms or hastens the continent’s decline.”
Tags: Anemic, Economies, Europe, Grappling, Impotent, Leaders, Populism, Reforms, Shock therapy, Trump 2.0, Urgent
Le Monde (November 6)
Trump’s second term marks “the end of an American world” and, for Europe, will prove “even more perilous” than his first term. “There is a real risk that Europe will be divided or even fractured…. This threat is existential for the European Union, and its leaders need to be aware of it and prepared to confront it, without waiting for Trump to take office.”
Tags: American world, Divided, EU, Europe, Existential, Fractured, Leaders, Perilous, Prepared, Risk, Second term, Threat, Trump
New York Times (October 24)
Increasingly, once “outspoken business moguls are now staying silent,” on the presidential election, “fearful of potential retribution should Trump win.” Jeff Bezos may be yet “another sign of corporate leaders’ cautiousness about publicly weighing in on the race.” The Washington Post, which he owns, “hasn’t yet endorsed a presidential candidate.”
Tags: Bezos, Business moguls, Cautiousness, Fearful, Leaders, Outspoken, Presidential election, Retribution, Silent, Trump, Washington Post
The Economist (May 21)
“China’s leaders are trying to fix a problem that has dogged the country for decades: how to spread wealth more evenly.” So far the problem is intractable. Per capita GDP throughout the bulk of China (the west and north-east) “is 70,870 yuan ($9,800) and 60,400 yuan, respectively. Along the coast it is 124,800 yuan. China’s richest provincial-level unit, Beijing, is four times wealthier than its poorest, Gansu (see map). And the richest areas are pulling further ahead.”
Tags: Beijing, China, Coast, Disparity, GDP, Intractable, Leaders, Poorest, Problem, Richest, Wealth, Wealthier
