{"id":3366,"date":"2014-07-30T07:38:55","date_gmt":"2014-07-29T22:38:55","guid":{"rendered":"http:\/\/www.irken.jp\/gn\/?p=3366"},"modified":"2014-11-04T14:40:48","modified_gmt":"2014-11-04T05:40:48","slug":"730-issue","status":"publish","type":"post","link":"https:\/\/www.irken.jp\/gn\/?p=3366","title":{"rendered":"7\/30 Issue"},"content":{"rendered":"

Attention remained focused on the crisis in Ukraine this week. The <\/span>Los Angeles Times<\/i><\/a> <\/i>suggested that the downing of Malaysia Airlines Flight 17 might spur international action. Before, calls to escalate sanctions against Russia were impeded by \u201cEuropeans’ desire to protect their business with Moscow,\u201d but now, \u201cPutin has a problem he didn’t have a week ago: Europe’s politicians and public are watching.\u201d<\/span><\/p>\n

The <\/span>Financial Times<\/i><\/a> <\/i>writes, however, that new efforts by the EU to increase pressure on Russia have \u201cswiftly opened up divisions among the bloc\u2019s 28 member states.\u201d For the EU to give a coherent response to Russia\u2019s actions will require \u201ca willingness to compromise and some clear thinking.\u201d But in the meantime, the <\/span>Wall Street Journal<\/i><\/a> writes, \u201cVladimir Putin\u2019s war on Ukraine continues as usual…. He won\u2019t change until he concludes that the cost of his aggression is too high to sustain. So far the costs have been minuscule, and Mr. Putin is reacting with predictable contempt.\u201d<\/span><\/p>\n

One might question, however, just how sensitive to such costs Mr. Putin is. <\/span>The Economist<\/i><\/a> reports that \u201cthe cost to Russian investors of Vladimir Putin\u2019s rule\u201d may be as high as one trillion dollars. This calculation stems not directly from sanctions, but \u201cfrom the fact that investors regard Russian assets with suspicion.\u201d<\/span><\/p>\n

Economic woes, of course, are not limited to Russia. The <\/span>New York Times<\/i><\/a> writes that, as part of efforts to increase to women\u2019s workforce participation, \u201cwhich Japan needs to spur economic growth,\u201d Prime Minister Shinzo Abe has called on businesses to put more women in management positions. But this solution may not fit the problem: \u201conly one in 10 working women say they want to be promoted to management.\u201d<\/span><\/p>\n

In the U.S. economy, on the other hand, \u201cpositive inflation momentum is apparent from both the top down and the bottom up,\u201d writes <\/span>Institutional Investor<\/i><\/a>. Improving employment may lead to wage growth, while unique events that have depressed inflation, such as the sequester and the strength of the dollar, are unlikely to be issues going forward.<\/span><\/p>\n

Finally, <\/span>Euromoney<\/i><\/a> named UBS \u201cBank of the Year.\u201d \u201cLess than three years ago, UBS was written off as one of the ultimate victims of the financial crisis. The bold decisions taken then by a new chief executive and his management team make it today a bank that others seek to emulate.\u201d<\/span><\/p>\n

****<\/span><\/p>\n

To see the overseas media\u2019s takes on these and other developments, you can browse the Global News highlights in app or at http:\/\/www.irken.jp\/gn\/<\/a>. Links to the original sources are provided above, but please note these are frequently updated. Links that were valid at publication may later be broken.<\/p>\n","protected":false},"excerpt":{"rendered":"

Attention remained focused on the crisis in Ukraine this week. The Los Angeles Times suggested that the downing of Malaysia Airlines Flight 17 might spur international action. Before, calls to escalate sanctions against Russia were impeded by \u201cEuropeans’ desire to protect their business with Moscow,\u201d but now, \u201cPutin has a problem he didn’t have a […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3387],"tags":[],"class_list":["post-3366","post","type-post","status-publish","format-standard","hentry","category-irc-weekly"],"_links":{"self":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/3366","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3366"}],"version-history":[{"count":1,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/3366\/revisions"}],"predecessor-version":[{"id":3367,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/3366\/revisions\/3367"}],"wp:attachment":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}