The Economist (January 17)
“The fall in the price of oil and gas provides a once-in-a-generation opportunity to fix bad energy policies.”Governments around the world should “seize” this chance.
Tags: Energy, Gas, Governments, Oil, Opportunity, Policies, Price
Wall Street Journal (May 18)
“Indians put their faith in a party promising economic opportunity and better governance over the traditional Indian formula of welfarism, patronage, corruption and hostility to foreign competition. Mr. Modi will be the first Prime Minister to govern without a coalition in nearly 30 years, and he has a rare mandate to enact market-opening reforms.”
Tags: Coalition, Corruption, Foreign competition, Governance, India, Mandate, Modi, Opportunity, Patronage, Prime minister, Reforms, Traditional
Financial Times (February 24, 2014)
“Twenty-five years after the fall of the Berlin Wall, Europe again echoes to the sound and fury of revolution.” With the overthrow of President Viktor Yanukovich, the Ukraine now has a chance at a fresh start. “This is a moment of immense opportunity–and immense danger–for Ukraine, for the EU and for Russia. More than any single moment since the collapse of the Soviet bloc, the revolution that began in Kiev heralds ‘the hour of Europe.’”
Tags: Berlin Wall, Danger, EU, Europe, Kiev, Opportunity, Overthrow, Revolution, Russia, Soviet bloc, Ukraine, Viktor Yanukovich
The Economist (February 22, 2014)
“If not championed by leaders who understand its broad benefits,” free trade “will constantly be eroded by narrow economic nationalism. Mr Obama now appears to be surrendering to protectionists within his own party. If he cannot drag Democrats back to their senses, the world will lose its best opportunity in two decades.” Estimates have placed the combined benefit from the Transatlantic Trade and Investment Partnership (TTIP) and the Trans-Pacific Partnership (TPP) at $200 billion for the U.S. alone and $600 billion worldwide.
Tags: Benefits, Democrats, Free trade, Leaders, Nationalism, Obama, Opportunity, Protectionists, Surrender, TPP, TTIP, U.S.
Wall Street Journal (January 26, 2014)
As the Federal Reserve begins tapering, we’ll see which emerging markets have “been swimming naked.” During the days of easy money, nearly anybody could enjoy the party. Now we’ll see which countries squandered the opportunity and left themselves exposed. “The end of Ben Bernanke’s Fed tide will have its uses if it spurs the kind of tax, trade and investment reforms that have been put off in too many places. The question is how much damage will be done as this global adjustment takes place.”
Tags: Ben Bernanke, Damage, Easy money, Emerging markets, Exposed, Federal Reserve, Global adjustment, Investment, Opportunity, Reforms, Squandered, Tapering, Tax, Trade, U.S.
Bloomberg (November 25, 2013)
“Critics of a deal on Iran’s nuclear program, both in the U.S Congress and the Israeli government, need to answer a question: Is there a better alternative?” The Geneva deal is hardly perfect, but seen from another perspective it may provide the best opportunity. This “imperfect Iran deal may be U.S.’s least-bad option.”
Tags: Congress, Deal, Geneva, Imperfect, Iran, Israeli, Nuclear program, Opportunity, Option, U.S.
Wall Street Journal (August 7)
“The most striking fact about the recently announced sale of the Boston Globe and Washington Post is their low prices…. The prices reflect the decline of newspapers as a business in the Internet age, which is the kind of creative destruction millions of Americans have experienced. Disruption is the price a capitalist economy pays for innovation, and the news business is merely the latest example.” The new owners should be welcomed as they provide “an opportunity for new ideas and perhaps a turnaround.”
Tags: Boston Globe, Capitalism, Creative destruction, Decline, Disruption, Ideas, Innovation, Internet, Newspapers, Opportunity, Owners, Prices, Turnaround, Washington Post
Financial Times (December 17)
“Shinzo Abe has been given a second chance. He should count himself lucky. Nothing in his first, truncated term merits another spell at the helm of the world’s third-biggest economy.” By focusing on the economy and acting to end deflation, Mr. Abe can “seize what looks like a rare opportunity.”“Shinzo Abe has been given a second chance. He should count himself lucky. Nothing in his first, truncated term merits another spell at the helm of the world’s third-biggest economy.” By focusing on the economy and acting to end deflation, Mr. Abe can “seize what looks like a rare opportunity.”
Tags: Deflation, Economy, Japan, Opportunity, Shinzo Abe
