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Scientific American (April 11)

2018/ 04/ 13 by jd in Global News

The Atlantic Ocean appears be in “slow motion,” with circulation now the “weakest in 1,600 years.” If further research bears out the conclusion that “hemisphere-spanning currents are slowing, greater flooding and extreme weather could be at hand,” especially on the U.S. east coast, but possibly extending to Europe, which could battle more severe heat waves.


The Economist (January 25, 2014)

2014/ 01/ 25 by jd in Global News

“In some ways, China’s market is still the world’s most enticing. Although it accounts for only around 8% of private consumption in the world, it contributed more than any other country to the growth of consumption in 2011-13.” But China is proving vexing to foreign firms as they find themselves subject to government whims, strong local competition, a tighter labor market and slowing growth. Some are scaling down. Others stumbling or even pulling out. “China is still a rich prize. Firms that can boost productivity, improve governance and respond to local tastes can still prosper. But the golden years are over.”


Wall Street Journal (July 29)

2013/ 07/ 30 by jd in Global News

“Abenomics represents the best—and possibly the last—chance for Japan to avert a debt crisis that could set back the global recovery once more.” Around the world, everybody should hope for the success of Abenomics. If it does, “then the world’s third-biggest economy could re-emerge as a major engine of growth at a time when Europe is stagnant and China is slowing. If it fails, then Japan’s Mount Fuji of government debt could come tumbling down, sending shock waves through the global economy.”


Financial Times (July 25)

2013/ 07/ 25 by jd in Global News

“Since taking office in the spring, the new Chinese leadership knew it had to boost a slowing economy, while, at the same time, rebalancing it away from state-driven investment. Some of the measures included in the ‘mini-stimulus’ Beijing announced on Wednesday strike this difficult balance.” By cutting red tape for exporters and taxes for small companies, the package may succeed in letting “hundreds of small firms bloom.”