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japan sunrise Richard Atrero de Guzman/NURPhoto


东京—上个月,我参加了在东京举行的皇家国际事务研究所(Chatham House)/大和研究所(Daiwa Research Institute)英国脱欧后日本-英国关系会议,这是我近六年前从高盛离职后第一次回到日本。在这次日本之旅之前,我从1988年开始定期访问日本,因此,从略微拉开的距离上观察事物是有裨益的。



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    The old central-bank playbook of slashing interest rates to spur consumption, investment, and employment has become less effective since the 2008 financial crisis. Yet without effective tools and the public's confidence, central banks will be unable to rise to the occasion when the next recession arrives.

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    The Day After NATO

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    French President Emmanuel Macron has drawn criticism for describing NATO as brain dead and pursuing a rapprochement with Russian President Vladimir Putin. But now that a wayward America could abandon the continent at any moment, Macron's argument for European defense autonomy is difficult to refute.