Northern Trust Advisor Perspectives (June 8)
“Inflation across advanced economies has increased to rates not seen in multiple decades. Japan, where the headline consumer price index rose by only 2.5% for the twelve months ending in April, stands as an exception.” Though this “appears moderate… it is very high for a country where a generation has never seen sustained price increases. Japan’s inflation has averaged only 0.3% in the past three decades.”
Tags: Advanced economies, CPI, Exception, Generation, Increased, Inflation, Japan, Moderate, Price increases, Rates
Washington Post (September 17)
“Afghanistan is teetering between a political implosion that could ignite civil war in Kabul and a power-sharing deal that could give the country another chance for stability.” Official election results will soon be announced, but due to voting irregularities a “winner-takes-all approach” is unsustainable. “It is up to Mr. Abdullah and Mr. Ghani [the two candidates] to show that Afghanistan can have a future under moderate, pragmatic leaders who are able to compromise.”
Tags: Abdullah, Afghanistan, Civil war, Compromise, Election, Ghani, Implosion, Kabul, Leaders, Moderate, Power sharing, Pragmatic, Results, Stability, Voting