10 November 2016   Leave a comment

The New York Times has compiled a host of editorial responses from newspapers from all over the world to the election of Donald Trump.  There is a wide variety of views which largely reflect the specific perspectives of each country represented. The op-ed from the Australian Financial Review  is representative of some of the views:

“But we can be pretty sure that the old image of America’s role in the world, so confidently asserted by the policy elites on both sides of the U.S. political divide, has been smashed by American voters. They have elected as president a man who does not believe in the vision of American leadership on which Australia has for so long relied.”

I am not sure that we can so confidently predict Trump’s foreign policy but this seems to be a plausible outcome.

Global temperatures have already increased by 1° C from pre-industrial times, and scientists have documented some important changes in animal behavior due to this light increase.  A new article in the journal, Science, contains the following conclusion:

“An international team of researchers found 82 percent of key biological processes necessary for healthy ecosystems had been impacted by the phenomenon. The changes have been felt even though the world is just 1 degree Celsius warmer than pre-industrial levels.”

Right now, the world has committed itself to a rise in temperature of 1.5ºC but President-Elect Trump has indicated that he will pull the US out of that Paris Agreement.  According to the President-Elect’s new website (greatagain.gov):

“We will end the war on coal, and rescind the coal mining lease moratorium, the excessive Interior Department stream rule, and conduct a top-down review of all anti-coal regulations issued by the Obama Administration.  We will eliminate the highly invasive “Waters of the US” rule, and scrap the $5 trillion dollar Obama-Clinton Climate Action Plan and the Clean Power Plan and prevent these unilateral plans from increasing monthly electric bills by double-digits without any measurable effect on Earth’s climate.”

The Indian government has announced plans to remove the Rs500 and Rs1,000 notes currently in circulation.   The move is designed to curb corruption by making it more difficult to exchange huge sums of money easily.  Similar plans have been floated about the $100 bill in the US and the €500 in the EU. Many suspect, however, that the move signals a desire on the part of governments to force a cashless society because electronic transactions will give states greater power to control the money supply.

 

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Posted November 11, 2016 by vferraro1971 in World Politics

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