In Italy High Unemployment Is Good News Major media look for a "silver lining" where there is none
WASHINGTON – If you really, really insist on finding the proverbial “silver lining” in rather depressing news, here is...
Category: Europe
FT: “Corbyn Is A Disastrous Choice” The British Labour party has abandoned reality, taking refuge in peace and justice dreams
WASHINGTON – Here is how The Financial Times sees the election of Jeremy Corbyn as the new leader of...
Can We Find Decent People To Fix Our Democracies? Going for populists with easy answers is a bad idea
WASHINGTON – Democracy and free markets anyone? By this I mean opting for a real republican government with fair...
Despite GOP Opposition, Iran Nuclear Agreement Here To Stay Too much international momentum behind pact. Almost impossible to reopen the issue
WASHINGTON – The acrimonious Washington debate about the Iran nuclear deal is mostly noise –and almost entirely for domestic...
Endless Migration To Europe From Africa And The Middle East This is not just about Syrian refugees. This is an economic migration from poor countries
WASHINGTON – The recent headlines and TV images about throngs of desperate Syrian families trying to board trains in...
Italy’s Bad Growth Numbers Described As Good In the "New Normal" leaders and media proclaim that chronic under performance is totally fine
WASHINGTON – When drastically reduced expectations become the “New Normal” lousy economic numbers in Western countries become acceptable, and...
Europe’s Refugee Crisis Getting Worse Immigrants coming into Europe do not add to the economy. They need services
WASHINGTON – According to UNHCR, the UN refugee agency, so far in 2015 Europe received about 300,000 refugees who...
US Hit By Global Slow Down Impossible for America to insulate itself from the down turn
WASHINGTON – Will US stocks recover? Or are they headed even lower? The optimists tell us that Wall Street...
UK Cannot Exploit Its Shale Gas Reserves Political opposition and bad laws prevent exploitation of vast resources
WASHINGTON – The US is enjoying the immense economic benefits of the hydraulic fracturing (“fracking”) revolution that made it...
In A Speech At The American University Obama Defended Iran Deal Weak analogy with a 1963 Kennedy speech. Address aimed at avoiding political embarrassment. No matter what, Iran deal will stay
WASHINGTON – On August 5, US President Barack Obama delivered a speech aimed at promoting his Iran nuclear deal...