The Great Debate UK

from The Great Debate:

Malaysia: Crisis management on a need-to-know basis

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At a press conference on March 12, General Rodzali Daud, chief of the Royal Malaysian Air Force, faced a confused and angry audience. What exactly happened to Malaysia Airlines flight MH370, which vanished last Saturday en route from Kuala Lumpur to Beijing? Fury mounted in this case, not because the general did not know enough -- but because he may have known much more than he or his colleagues were willing to share.

In contrast to the initial reports of the aircraft's sudden disappearance, Wednesday’s coverage suggests several "last sightings" with a possibility that the plane turned back to Malaysia. The previously undisclosed military radar data, it turns out, captured an unidentified airplane 200 miles into the Straits of Malacca, between Malaysia and Indonesia. A Malaysian air force staffer claims that the plane showed up on the military's radar for over an hour following the communication failure. Yet on Thursday, Malaysia’s senior officials still denied these claims. Not surprisingly, they have come under fire for misreporting, obstructing the multinational search mission, and prolonging the agony for family and friends of the 239 passengers and crew.

The Malaysian government’s handling of the crisis raises legitimate questions about how a historically closed society communicates with the public after a disaster. Malaysia is ranked 145 out of 179 countries in the 2013 World Press Freedom Index -- better off than its vocal critic China (173) but uncomfortably close to Russia (148).

Do the Malaysian authorities’ incomplete and conflicting statements add up to deliberate obfuscation with potentially damaging consequences? Or do they constitute the kind of measured response that prevents us from scapegoating -- especially in the age of global terrorism, when panic spreads fast and hasty finger-pointing could be costly? We need to consider both possibilities when thinking about the consequences of partial information disclosure -- in Malaysia or elsewhere.

from The Great Debate:

Putin projects Russia’s unreal reality

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In the summer of 1787, Catherine the Great of Russia set out to inspect the recent additions to her far-flung czardom, including the Crimean peninsula, annexed from the Ottoman Empire four years earlier.

Catherine’s lover, Prince Grigory Potemkin, the governor-general of these new southern provinces, knew shabby landscapes wouldn’t satisfy the German-born empress, who set high standards for order. So he lined her route with wooden boards painted with cheerful housing façades, to hide the squalor of the serfs’ lives. On her return to St. Petersburg, Catherine announced she was pleased with her new territory’s bucolic riches.

from The Great Debate:

Why regulation — on yogurt and more — is blocking Greece’s recovery

The news that Greek-style yogurt maker Chobani is looking to sell a minority stake that would value the company at around $2.5 billion should in theory be a big boost for Greece’s beleaguered dairy industry.

But instead, the main beneficiary will be Chobani’s Turkish founder, who operates the company in upstate New York, and who has proved to be innovative in a way that Greek dairy farmers are not. In fact, they are so stuck in their traditional ways that it’s actually illegal in Greece to call low-fat yogurt “yogurt.” Any variant that contains additives of any sort must be labeled “dessert of yogurt,” which is akin to waving a warning flag at consumers.

from Nicholas Wapshott:

European leaders show their weakness

 

The European Union, at the forefront of the hostilities between Russia and the West, is in a bind.

It has belatedly adopted Ukraine as one of its own. Yet the EU economy is so frail,  thanks to its beggar-thy-neighbor economic policies, that it is reluctant to use financial and trade sanctions to punish Russia for occupying Crimea and threatening to occupy the eastern part of Ukraine.

Companies must respond to today’s activist consumers

–Lewis Shand Smith is Chief Ombudsman, Ombudsman Services. The opinions expressed are his own–

The British public have long been typecast as a nation of moaners, but we’re no longer just moaning in the pub or at the hairdressers. Hard-pressed by the rising cost of living, and against the backdrop of the trust-destroying banking scandals and soaring energy costs, today’s consumers are taking action against poor service and making official complaints, with social media a key weapon in their armoury.

from Lawrence Summers:

Ukraine: Don’t repeat past mistakes

The events in Ukraine have now made effective external support for successful economic and political reform there even more crucial. The world community is rising to the occasion, with concrete indications of aid coming not just from the International Monetary Fund and other international financial institutions but also the United States, the European Union and the G20.

At one level, the Ukraine situation is unique -- particularly the geopolitical aspects associated with Russia’s presence in Crimea and the issues raised by Ukraine’s strategically sensitive location between Russia and Europe.

from The Great Debate:

For Bibi, time for talk is past

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Prime Minister Benjamin Netanyahu’s speech to last week’s National Conference of the America-Israel Public Affairs Committee (AIPAC) was another rhetorical tour-de-force by this most silvered-tongued of Israeli leaders.

Netanyahu again promised to defend Israel against an Iranian nuclear threat and to be beholden to no other nation in his zeal to protect his people. There were applause lines for almost everyone.

from The Great Debate:

The nuclear option for emerging markets

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Last year, greenhouse gas emissions reached a record high of 39 billion tons. Emissions actually dropped in the United States and Europe, but substantial increases in China and India more than erased this bit of good news.

That is all the more reason to focus on innovative solutions that slow the growth in emissions from emerging markets.

from The Great Debate:

Cold War warmed over

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Can we have a new Cold War without a communist threat?  Some important political players seem to think so.

One of them is Russian President Vladimir Putin. At his surreal press conference, Putin depicted the protest that overthrew the pro-Russian government in Ukraine as a plot by the West to undermine Russia. He even accused the United States of training the Kiev protesters: “I have a feeling that they sit somewhere in a lab in America . . . and conduct experiments, as if with rats, without understanding the consequences of what they are doing.”

from The Great Debate:

Assessing corporate risk in Ukraine

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As the crisis in Ukraine escalates, boardrooms and senior management teams worldwide are now likely talking about the problems of doing business in conflict zones. These regions test the boundaries of risk tolerance.

Any multinational corporation involved in and around Ukraine and Russia must be feeling the impact. Companies such as Italian group Eni and France's EDF, which signed an offshore oil and gas production-sharing agreement with Ukraine in November, are likely to be monitoring developments. So, too, are Chevron and Royal Dutch Shell, which signed shale gas deals with Ukraine.

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