Reuters blog archive
from Stories I’d like to see:
It has now been more than six months since Amazon founder Jeff Bezos announced his deal to buy the Washington Post. It’s been more than four months since the transaction closed and Bezos was legally in charge. But so far nothing seems to have changed. The paper still seems to be in a defensive crouch rather than back on the offense, fueled by Bezos’s promise to invest both his money and his brain in the enterprise and launch a bunch of think-outside-the-box initiatives.
For example, Ezra Klein, the maestro of the Post’s Wonkblog, is reported to be about to leave because Bezos and Washington Post executives turned down his proposal to start an ambitious offshoot of his widely-followed domestic policy blog. Without looking at Klein’s business plan it’s impossible to know if their decision makes sense, but the situation is eerily similar to when the prior ownership of the Post turned down the pitch by then-star-reporters John Harris and Jim VandeHei to start something called Politico -- which they then took to rival media company Allbritton Communications.
Over the weekend the New York Times announced that it has beefed up its already-strong China team by hiring the award-winning reporter whose pending story about ties between China’s richest man and the country’s rulers was held or killed (depending on whose account you believe) by Bloomberg News, after which the reporter abruptly left the company. The moment he became available it seemed to me that Bezos could have sent a clear and relatively inexpensive signal that the Post was back in the game by snagging him.
Did Bezos or Marty Baron, the Post editor, even try? (Which suggests another story: will the Post’s coverage of China be affected by Amazon’s business interests there the way Bloomberg’s seem to have been -- and what are those interests?)
from Global Investing:
Investors are bracing themselves this year for elections in all of "Fragile Five" countries and a number of other emerging nations that are adding political concerns to those economies already vulnerable to capital flight risks.
Perhaps a lesser-known political event that is coming up in 2014 is in North Korea, which will hold "elections" for its parliament on March 9.
from Photographers' Blog:
Geoje, South Korea
By Kim Hong-ji
After Germany was reunited in 1990, Korea has been the highest profile divided country in the world. The division has separated numerous families and made them miss each other. A few months ago, when the relationship between the two Koreas improved after five months of political tension, North Korea proposed a reunion ceremony for families who have been separated by the Korean War. Then it abruptly cancelled the ceremony, disappointing the families who have been waiting to reunite with long-lost relatives. Lots of separated families in the two Koreas are still living in great hope that they will be able to meet their loved ones some day.
Geoje island is a small and remote place in South Korea where 18 fisherman were abducted by North Korea while fishing in the disputed West Sea in December, 1972. Forty one years later, little is known about these husbands and sons, how they were abducted or where they may be living in North Korea. I only came to know about this incident when I heard one of the abducted fishermen, Jeon Wook-pyo, 68, escaped from North Korea and returned to South Korea a few months ago. I could not locate him and there is an ongoing investigation by the government. He was abducted 10 years before I was born and I had limited information to follow. Instead, I met a few grandmothers still living in a town heavy with grief for their lost family members. A widow who lost her husband and a mother who lost her child; just wishing they can be reunited in the town some day.
from Photographers' Blog:
Pyongyang, North Korea
By Jason Lee
From stepping on to the Air Koryo flight to Pyongyang on the evening of July 24th until my return on the 29th, I didn’t stop taking pictures. Our group from Reuters, visiting the secretive state of North Korea for its celebrations marking the 60th anniversary of the end of the Korean War, often found ourselves with no time to eat. It was only in the taxi on the way home from Beijing airport that I had time to think back on my trip.
It was the experience of a lifetime, a nation of 22 million people showing a depression and weakness of spirit that I tried my best to interpret through my cameras.
from Photographers' Blog:
Colon City, Panama
By Carlos Jasso
I received a call from a colleague late at night saying there were rumors that a shipment of missiles from Cuba had been found on a North Korean-flagged ship at the entrance of the Canal in Colon.
At that point I stopped what I was doing and started calling my contacts in the security services, colleagues and scanning Twitter to confirm the time and place where the ship had been intercepted.
I got word that the captain of the ship had tried to commit suicide when police boarded the vessel and that there were indeed arms on the ship. I left the house in less than 15 minutes and caught a ride to the port with a colleague from a local newspaper. The port is an hour and a half away from the city and it was pitch black. There was little chance to see anything, so we decided to sit it out until dawn; maybe we would get a chance to see the ship. We got ready for a long night, three photographers perched in the car with lots of gear and a family of annoying mosquitoes that kept us company throughout the night.
from The Great Debate:
President Barack Obama and Russian President Vladimir Putin are expected to discuss missile defense, their thorniest bilateral problem, at the G8 summit in Ireland on June 17 and 18. Previous talks between Russia and the North Atlantic Treaty Organization have floundered over the alliance’s refusal to give Moscow legal guarantees that the system would not undermine Russian nuclear forces.
from Ian Bremmer:
How do you solve a problem like Korea? Or Syria? Or the euro zone? Or climate change?
Don’t look to Washington. The United States will remain the world’s most powerful nation for years to come, but the Obama administration and U.S. lawmakers are now focused on debt, immigration, guns and growth. A war-weary, under-employed American public wants results at home, leaving U.S. officials to look for allies willing to share costs and risks abroad.
from Nicholas Wapshott:
It may not feel like it, but we are closer to nuclear war than at any time since the Cuban missile crisis of 1962. The temptation to dismiss the North Korean dictator Kim Jong-un as a cartoonish figure of fun belies the real and present danger his samurai sword rattling presents. A strange time, then, for Defense Secretary Chuck Hagel to set out on the most thorough reappraisal of our defense spending since the end of Vietnam.
It is no secret that Hagel relishes the chance to slim the armed forces to a more affordable size. It is what commended him to President Barack Obama. He has already commissioned a wholesale “strategic choice and management review” of the Defense Department, which has been told to think the unthinkable in terms of cutting spending. This week, before defending his vision before the House Armed Services Committee, he offered a glimpse into what he has in mind: a slimming of the desk-bound middle management whose pay and perks cost more than the value of their contribution to the nation’s defense; a clearheaded look at the generous health and retirement benefits the nation’s military and veterans enjoy; the abandonment of expensive advanced weapons that may not be necessary; and an unsentimental assessment of the need for all of our domestic military bases.