WASHINGTON – A few days ago, after President Obama via a prime time TV address had announced America’s goal to degrade and ultimately destroy ISIL, I expressed the wish that the President’s political opponents would refrain from attacking the announced plan just for the fun of it.
WASHINGTON – If China were really the wave of the future, as many optimistic commentators argue, soon to replace America as the world number one economy, how come that so many rich Chinese leave or plan to leave the country?
WASHINGTON – Financial reform aimed at introducing real competition and market driven principles in China’s banks? Or keep using the state controlled financial system as a tool to promote growth at all costs, even if this means wasting capital by funding money losing enterprises?
WASHINGTON – The Obama inspired anti-ISIL (also known as ISIS and IS, for Islamic State) coalition is growing –on paper. In reality, it remains to be seen how nominal expressions of support to fight this terror threat will translate into meaningful actions, be it military engagement, funding for the campaign and/or humanitarian aid for the countless victims of this new conflict.
WASHINGTON – Economic development specialist William Easterly pointed out recently that, reviewing all the speeches delivered by the past President of the World Bank, he could not find any reference to “democracy”.
WASHINGTON – ISIL is now recognized as an existential threat to America. Millions have seen two fellow Americans beheaded by an ISIL butcher in a a made for TV staged execution. And so public opinion, generally reluctant about new foreign military adventures, now supports fighting and destroying ISIL in Iraq and Syria, at least for now. Once again […]
WASHINGTON – According to most analysts, Sub-Saharan Africa is finally poised for a real economic take-off. Prevailing growth rates between 5 and 7% indicate a new vitality, and at the same time the promise of a far better future for perennially under developed countries.
WASHINGTON – After months of timidity and confusion on what needs to be done, finally in a prime time TV speech to the Nation President Obama declared that the US Government intends to destroy ISIS (or ISIL or Islamic State).
WASHINGTON – Despite all, it would appear that most American still have common sense. This is what I get by reading an interesting WSJ piece by William Galston (America’s Challenge: Growth That Works for All, September 10, 2014).
WASHINGTON – It will take a long time to fully understand and measure the impact of the Affordable Care Act, universally known as Obamacare. But I believe that it is possible to say now that this attempt at reforming the gigantic US health care insurance system represents the triumph of intellectual arrogance.