Wall Street Journal (December 17)
“History is on speed-dial these days, and the latest seismic shift is Japan’s announcement Friday of a new defense strategy and the spending to implement it.” Credit for this historic change goes to Prime Minister Fumio Kishida “for taking the political risk to educate his country about the growing threats from China and North Korea and how to deter them.”
Tags: China, Defense strategy, Educate, Historic change, History, Japan, Kishida, North Korea, Political risk, Seismic shift, Spending, Threats
Euromoney (March 24)
“The UK economy seems at last to be suffering from the erosion of purchasing power by sterling-induced inflation. All of this smacks of stagflation, a constitutional crisis and rising political risk. UK gilts will suffer.”
Tags: Constitutional crisis, Economy, Erosion, Gilts, Inflation, Political risk, Purchasing power, Stagflation, Sterling, Suffering, U.K.
Institutional Investor (July 4)
Post-Brexit “uncertainty has smacked executives at the London Stock Exchange Group and Deutsche Börse in the face. Europe’s two leading exchange operators are pressing ahead with their proposed $30 billion merger even though the referendum result poses a huge and uncertain political risk to the deal’s completion.”
Tags: Brexit, Deutsche Börse, Exchanges, LSE, Merger, Political risk, Uncertainty
