The article says many nice things about President Obama and some of them sound true. In foreign policy however the failure is evident vis a vis a rampant Russia and with the tremedous loss of effectiveness and prestige suffered by the US in the Gulf, the Middle East and North Africa. And in Europe, too, despite the strictly personal popularity of Barack Obama and his family. It seems to me that the first weaknees of Obama's foreign policy was the worst one: the lack of ideas, and perhaps of interest for what is going on in distant areas.
But nothing is distant nowadays.
At home, it does not look to me that in the US there is great and widespread satisfaction, in spite of the official data about gdp, jobs and earnings. People's mood is very similar to what you can ear in several European countries.
So you ended up, we ended up, with Donald Trump. How can a successfull president leave the White House to somebody who got elected promising to change everything?
Uhm. Ray Small invites Giovanna Vinci to be concerned about italian banks and leave Britain to the British. Uhm. Not very polite. Brexit is a euro-british issue, so Giovanna has a full right to speak her mind. Italian banks are a huge problem, but no bigger than RBS was in 2008-2009. Besides, here we are talking Brexit, I gather. Jose Araujo too takes some issue against Giovanna when he says that in recent history (last 100 years, I suppose) England has always been on the right side and the English and Welsh (I would not say the all of Britain who does not see, evidently, eye-to-eye) know what they are doing, choosing brexit. So, Giovanna, why are you concerned, better think about your Mediterranean peninsula. Perhaps. Clearly, Chris Patten does not share this optimistic view about a supposed British proved superior ...instinct, that's the unmistakable message he gives with this article, so Jose should criticize him too, not only Giovanna.
Just to stay with History, I remind that past achievements are not a guarantee against present and future blunders. Even if the opposite is true: past blunders make future ones more likely.
China’s success in the next five years will depend largely on how well the government manages the tensions underlying its complex agenda. In particular, China’s leaders will need to balance a muscular Communist Party, setting standards and protecting the public interest, with an empowered market, driving the economy into the future.
The preference of some countries to isolate themselves within their borders is anachronistic and self-defeating, but it would be a serious mistake for others, fearing contagion, to respond by imposing strict isolation. Even in states that have succumbed to reductionist discourses, much of the population has not.
When the Bretton Woods Agreement was hashed out in 1944, it was agreed that countries with current-account deficits should be able to limit temporarily purchases of goods from countries running surpluses. In the ensuing 73 years, the so-called "scarce-currency clause" has been largely forgotten; but it may be time to bring it back.
Republican leaders have a choice: they can either continue to collaborate with President Donald Trump, thereby courting disaster, or they can renounce him, finally putting their country’s democracy ahead of loyalty to their party tribe. They are hardly the first politicians to face such a decision.
As the global economic recovery strengthens, and central banks move to raise interest rates, they need to improve their communication with the general public. To do that, they should follow the trail blazed by Donald Trump.
With talks on the UK's withdrawal from the EU stalled, negotiators should shift to the temporary “transition” Prime Minister Theresa May officially requested last month. Above all, the negotiators should focus immediately on the British budget contributions that will be required to make an orderly transition possible.
In recent decades, as President Vladimir Putin has entrenched his authority, Russia has seemed to be moving backward socially and economically. But while the Kremlin knows that it must reverse this trajectory, genuine reform would be incompatible with the kleptocratic character of Putin’s regime.
As a part of their efforts to roll back the 2010 Dodd-Frank Act, congressional Republicans have approved a measure that would have courts, rather than regulators, oversee megabank bankruptcies. It is now up to the Trump administration to decide if it wants to set the stage for a repeat of the Lehman Brothers collapse in 2008.