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Saturday, July 11, 2015
Former U.S. Secretary of State Henry Kissinger was supposed to have joked that "there can't be another crisis -- my calendar is full." This July has been full of surprises -- the hottest summer in Europe, a drought in California, a full blown Greek crisis, China's A-share almost in meltdown, and continued conflict in the Middle East.
Paris-China's Premier Li Keqiang descended upon Paris for a shopping spree; signing contracts and making deals which will energize the still anemic French economy. The French put on the Ritz as even Francois Hollande's Socialist government can do so well; the impressive ceremony at the Elysee Presidential Palace and the glittering Parisian protocol. But the business bottom line was clearly the key element stressed during the three-day visit where Beijing's Premier signed US$20 billion in contracts and investments with France.
There's economic reality. Then there's the Chinese stock market. The two usually occupy parallel universes.
"Is the American Civil War still not over?" This was the headline on a Chinese news website last week, reacting to the debate over the Confederate flag in the United States, in the wake of the racially motivated shooting of nine people in a historic black church.
Friday, July 10, 2015
Chancellor Angela Merkel's tough stance on Greece plays well with German voters but carries a huge risk, analysts warn -- history would likely blame her for a catastrophic "Grexit."
A few weeks ago, the sultan of Johor expressed the idea that we should adopt Singapore's education system in Malaysia.
A few weeks ago, Amnesty International released a report on human rights abuses carried out by Indian troops in Indian-held Kashmir.
1 Comment
Over the long Independence Day weekend in America, did you spend more time in your little bedroom community pondering the potential of a terrorist attack than wondering how long you should let your hot dogs sizzle on the grill? If so, then America has far more serious problems than terrorism.
Thursday, July 9, 2015
Greece's economic turbulence is dominating political debate in Spain ahead of a year-end general election, with the ruling conservatives pointing to Syriza's difficulties to discredit its Spanish ally Podemos.
I'm convinced that a crucial reason we have fared so badly in agriculture relative to our neighbours has been the way too many among us, including past and present policymakers, confuse and equate food security with rice self-sufficiency.
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