Month: September 2015

The four gifts of Donald Trump

THE HIILL: …1. Trump destroyed Jeb Bush. Okay, so former Florida Gov. Bush probably doesn’t think that’s great, but it is. Bush represents everything that is wrong with establishment politics. Before Trump came along, Bush was in first place by a wide margin, and that margin wasn’t a result of merit. It was manufactured by […]

Biden surges in new Bloomberg poll

POLITICO: Vice President Joe Biden surged in a new national Bloomberg Politics poll of Democratic voters and independent voters leaning toward the Democratic Party released Wednesday morning, even though he has not announced his intentions for the presidency. Hillary Clinton earned a plurality of 33 percent, followed by Biden at 25 percent and independent Vermont […]

Trump and Fiorina’s Snake Oil Sales

NEW YORK TIMES COLUMN: …By every metric that mattered, HP was in far worse shape when [ Carly Fiorina] was fired than when she was hired. The company’s stock price dropped more than 50 percent during her tenure, compared to a 7 percent drop in the S.&P. 500. And net earnings dropped to $2.4 billion […]

Can the outflow of capital from Russia be stopped?

outflow of Russian capitalThe outflow of capital from Russia in the first half of this year reached the level of $52.5 billion. However, the Ministry of Finance projected that the peak of payments on foreign debts, which is expected in the last quarter of this year, could accelerate the capital outflows. By the end of 2015, according to the most experts, the outflow will reach at least $ 100 billion.

Counter-terrorism police ratcheted up violence at Röszke says photographer

Hungarian riot police and counter-terrorism forces clashed with refugees on Wednesday, wounding scores of people, including a number of reporters and photographers, many of them seriously. Among those injured was Warren Richardson, an Australian free-lance photographer based in Budapest, who blames units from Hungary’s counter-terrorism center (TEK) for ratcheting up the violence.

Big Price Increase for Tuberculosis Drug Is Rescinded

NEW YORK TIMES: A huge overnight price increase for an important tuberculosis drug has been rescinded after the company that acquired the drug gave it back to its previous owner under pressure, it was announced on Monday. However, outrage over a gigantic price increase for another drug spread into the political sphere on Monday, causing […]

Europe’s Hungary Problem

FOREIGN AFFAIRS: Just as one rotten apple can spoil a barrel, one brutish autocrat can spoil a political union. As Hungarian Prime Minister Viktor Orban has consolidated power and built an increasingly authoritarian regime, he has thumbed his nose at the European Union—and mostly gotten away with it. Over the past few years, Orban has […]