Wednesday , 17 December 2025

Opinion

The real alternative to a nuclear war is a revolution

The most depressing aspect of the current North Korean crisis is that even if Donald Trump wins, he loses. Despite doubling down on his rhetoric of “fire and fury” and deriding his predecessors for failed negotiations, Trump looks like he wants to eventually strike a deal with the nation’s tyrant, Kim Jong Un. Just look at what Secretary of State …

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China’s yuan faces tougher road

Looking at the performance of China’s currency this year one would suspect that things are looking up in the local economy. The reality is that the yuan’s 4.5 percent gain against the dollar is as much a reflection of weakness in the US currency as it is about developments in China. At this point, what investors should expect for the …

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Google is right to focus on bias against women

We’re having the wrong conversation about women in tech. We need to decouple two very different issues that have arisen amid the commotion about diversity at Google: biological differences between genders, and bias against females working in tech and more generally in well-paid, prestigious jobs. Let’s start with the biology. Studies on how babies or very young children interact with …

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Let Trump rebrand Nafta, but don’t let him wreck it

As talks to revise the North American Free Trade Agreement start in Washington, it still isn’t clear whether President Donald Trump wants to dismantle the pact—”the worst trade deal maybe ever signed anywhere,” he’s called it—or merely rebrand the same basic product under his own name. With any luck, it will be the latter. The administration’s negotiating goals, published last …

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Why the US trade deficit is big, but not bigger

aThe trade deficit is a lot smaller than it was a decade ago: Over the 12 months ending in June, according to data released last week by the Commerce Department, the US imported about $531 billion more in goods and services than it exported. In 2006, the deficit was $762 billion. Those numbers aren’t adjusted for inflation; if they were, …

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Analysts can not stop cutting profit forecasts

Largely lost in the debate over how much credit President Donald Trump should or should not get for the performance of US stocks this year is that perhaps the biggest reason for the rally is strong earnings. With more than 90 percent of the S&P 500 members having reported second-quarter results, earnings growth is tracking at a 12.2 percent pace …

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For the sake of productivity, put a woman in charge

If you’ve never tried a Japanese snack called Jagariko, I highly recommend it. When I visited the Tokyo offices of Japanese snackmaker Calbee Inc., I made sure to ask if I could have a free pack of my favorite snack. “Maybe,” the managers hedged. I wasn’t at Calbee to talk about their potato sticks, but their corporate culture. Calbee is …

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Why US hasn’t brought ‘fire and fury’ to North Korea

As the world ponders the meaning of President Donald Trump’s threat of “fire and fury” on North Korea, it’s worth asking why his predecessors never took those steps to stop its nuclear program. When Bill Clinton was confronted with the threat of North Korea’s exit from the Nuclear Non-Proliferation Treaty, he considered military force. But he ended up going for …

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There are many pitfalls to cutting low-skilled immigration

President Donald Trump has thrown his support to the Cotton-Perdue bill to restrict legal immigration of low-skilled workers into the US by as much as 50 percent on the grounds it would raise the wages of American working families. That’s not what the economic evidence is showing, however. The only academically solid study of the impact of reducing legal immigration …

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Japan’s booming and now needs more immigrants

Japan has served its time as a symbol of economic failure. Its latest growth surge puts it in a welcome new role. The country’s demographics, according to conventional wisdom, are supposed to be bad for the economy. Instead, Japan unexpectedly shot to the top of Group of Seven club, with its gross domestic product notching 4 percent annual growth last …

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