As Nick Colas writes, one thing is certain: 2016 was a truly historic year.
From Donald Trump’s unorthodox but successful campaign for President to the Brexit vote, popular votes shifted the course of global politics in ways very few could have imagined a year ago. Here is a brief quiz that highlights the year’s politics, developments in technology, and changes in the U.S. labor market/economic policy.
Submitted by Mike Krieger via Liberty Blitzkrieg blog,
We’re shut out now. There hasn’t been an op-ed in The New York Times or Washington Post editorial pages arguing that the United States is at least equally to blame for this new Cold War crisis. They simply will not accept those articles…So this is the problem. In a democracy we fight through discourse. If you can’t get to the mainstream media and make the argument, then there’s no way of slowing the drift toward catastrophe.
Barron's Asia: When you look ahead to 2017, what keeps you awake at night?
Amando Tetangco: Short term, the Fed rate hikes -- the timing and the magnitude. Of course, this would be related to the policies that the new U.S. administration will adopt. Medium-to-long term, the retreat from multi-lateralism. That is related to the performance of the global economy - the major and various economies, and emerging markets like China.
The Pentagon has demanded that China return an “unlawfully seized” underwater drone after a Chinese warship took the device from waters near a US oceanographic vessel. A Pentagon spokesman said: ‘It is ours. It’s clearly marked as ours. We would like it back, and we would like this not to happen again’, says Pentagon spokesman The Chinese warship seized the American Navy underwater drone collecting unclassified data in international waters in the South China Sea.
Donald J. Trump is likely to decimate the CIA over it’s fraudulent allegations that Russian hackers influenced the U.S. elections in collusion with him. Trump does not suffer fools gladly, and this last ditch desperate attack from the current administration via rogue elements within the intelligence community will not go unpunished.