Wall Street Journal (September 10)
“South Korea is at a crossroads, but every direction seems to lead to a dead end. Just as the world wakes up from the decadeslong daydream of North Korean denuclearization, the U.S.—South Korea’s longtime defense partner—has grown unreliable.” A poll conducted by the Korean Herald “found 60% of South Koreans don’t trust the U.S. to use its nuclear weapons to protect Seoul from a North Korean attack.” The lack of confidence in its “ally may convince Seoul that there’s no other way to deter Kim Jong Un” than by procuring nuclear weapons of its own.
Tags: Ally, Crossroads, Daydream, Dead end, Defense, Denuclearization, Kim, Korean Herald, North Korea, Nuclear weapons, Partner, Protect, Seoul, South Korea, Trust, U.S., Unreliable
The Guardian (August 13)
“Forget doom-laden headlines, the dollar has not gone into terminal decline.” In fact, the dollar’s resiliency has been upheld even though “Donald Trump’s administration has done more than any in living memory to disrupt US trade” and has transformed the nation into an unreliable alliance partner. And yet, “the currency’s international role has not diminished significantly.” The simple truth is “there is no alternative. The euro is not an alternative…. Nor is the yuan a viable alternative.”
Tags: Alliance partner, Alternative, Currency, Decline, Diminished, Disrupt, Dollar, Doom, euro, Resiliency, Trade, Trump, U.S., Unreliable, Yuan
