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Nerve-wracking news from North Korea
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2017-08-09 09:02:02
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}A daily digest of opinions and analysisThe Key to Countering North Korea Lies OffshoreIf you need a jolt this morning, skip your coffee and read the latest from North Korea. Just yesterday, news broke that the pariah state had developed a miniaturized nuclear warhead, a major advance in its weapons program. Former NATO commander James Stavridis argues that sea power will be critical to any U.S. response in the region, which is why it must reject China’s demand that it cease naval exercises off the coast. Meanwhile, Noah Feldman notes that for all Trump’s talk of “fire and fury,” his nuclear playbook hasn’t been that different from Obama’s. Rwanda’s President Thinks He’s Indispensable And maybe Paul Kagame is. But that doesn’t bode well for his people, or for the real progress his country has made. Justin Fox examines the recently reelected Rwandan president, who’s modeling himself after Singapore’s Lee Kuan Yew (with one notable difference). Sick of Slow Wage Growth? Here’s Who to BlameRobots, baby boomers, and even video games are just some possible culprits behind America’s wage stagnation. Megan McArdle catalogs the likeliest (and least likely) causes.Twitter and Facebook Are Too Big To Allow Fake UsersThere would be a lot less bullying, fake news and sockpuppetry on social media if users were required to post under their own names. Leonid Bershidsky calls for the biggest platforms to be regulated like other media companies.Before it’s here, it’s on the Bloomberg Terminal. Find out how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. Learn more.Ritholtz’s ReadsCould ex-convicts ease the labor shortage? (Strategy+Business)The warnings from history that Wall Street ignored (Financial Times)BlackRock, Vanguard say the bond market’s got this trade all wrong (Bloomberg)(Read Barry Ritholtz’s full daily news roundup here.) Bloomberg GadflyDisney hits Netflix where it hurtsKKR, like everyone else, is betting add-ons add up Valeant’s guidance gymnastics point to a cut(Read more from BV’s sister site for fast business commentary.)Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe
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