Economics & Politics

In recent years, New Yorkers, like people all over the world, have faced the realities of human-made climate change: extreme storms, rising sea levels, summer heat waves, massive winter nor’easters, and a $20 billion plan to reduce future flooding. Last year, the United States as a whole experienced the highest losses from climate disasters, an [...]

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Published in Financial Times. Letters to the Editor Despite the pleading by Gerson Zweifach, group general counsel of 21st Century Fox, UK regulators would be ill-advised to agree to Fox’s bid for Sky News (“Fox’s bid for Sky deserves a swift and fair decision,” April 17). Rupert Murdoch’s media empire has had several notorious brushes [...]

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(CNN) The federal government’s top ethics official has asked the Environmental Protection Agency to take “appropriate actions to address any violations” rising from the behavior of the agency’s administrator, Scott Pruitt.  Read the full article on CNN.

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Italy – which stands at the border between Europe’s prosperous north and crisis-ridden south, and between an open Europe and one seized by atavistic nationalism – will play a pivotal role in determining whether the EU survives long enough to reform itself. The coalition government that emerges will prove crucial. Read the full article on Project [...]

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Published in The Boston Globe. President Trump recently suggested that the United States should come out of Syria “very soon.” Leading voices of the foreign policy establishment — in the Pentagon, State Department, Congress, and the media — pushed back, calling for the United States to stay in Syria. Trump quickly acquiesced. Trump was right (yes, a [...]

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Published on CNN. (CNN) Most observers today, including myself, bemoan the reason that Gary Cohn is leaving the Trump White House. The President’s top economic adviser lost the trade policy battle with Trump and the protectionists around him, as the President insists he will impose tariffs on steel and aluminum — and stock markets are falling as [...]

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Published on CNN. President Donald Trump fired the first shot in a delusional and destructive trade war: tariffs of 25% on steel and 10% on aluminum. Shares of US Steel jumped 5.75%, about $460 million in market capitalization, but the overall US stock market capitalization fell by more than 1%, around $340 billion. A few steel [...]

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Donald Trump is not the first leader with a severe personality disorder – characterized by intolerable feelings of inadequacy and an overwhelming need for approval – to gain power. But such leaders have usually gained control in smaller countries that lack the world’s most powerful military. Read the full article on Project Syndicate.

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America’s official narrative has sought to conceal the scale and calamitous consequences of US efforts to overthrow Syrian President Bashar al-Assad. That is understandable, because US efforts are in blatant violation of international law, which bars UN member states from supporting military action to overthrow other members’ governments. Read the full article on Project Syndicate.

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  NEW YORK – The World Bank declares that its mission is to end extreme poverty within a generation and to boost shared prosperity. These goals are universally agreed as part of the Sustainable Development Goals. But the World Bank lacks an SDG strategy, and now it is turning to Wall Street to please its political masters [...]

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